![]() ![]() ![]() Robinhood has over 18 million accounts, and it holds $80 billion. Its easy approach to investment, social media presence, social interactions, and the ability to trade cryptocurrencies have made the platform the best in the class. Robinhood charges Regulatory the Transaction Fee $5.10 per $1,000,000 of principal (sells only), Trading Activity Fee $0.000119 per share (equity sells) and $0.002 per contract (options sells), and American Depositary Receipt (ADR) Fees $0.01-$0.03 per share. It lets users build a balanced portfolio and trade in real-time. Users can Invest Any Amount with this app. Vladimir Tenev and Baiju Bhatt founded Robinhood back in April 2013. Its startup offers equity, cryptocurrency, and options trading, as well as cash management accounts. Robinhood is a stock brokerage that allows customers to buy and sell stocks, options, ETFs, and cryptocurrencies with zero commission.
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