Free stock trading, zero overhead and the market at your fingertips? Now there is an app for all that. It’s called Robinhood and according to its creators, it’s going to tap the very small investor segment.”We are not setting any account minimums, which we think unlocks a market of investors who couldn’t do this before,” the company’s co-founder Baiju Bhatt […]
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Today Robinhood is opening up its zero-commission stock trading iOS app to everyone.The company’s initial app launch was something of a limited release. Only a select number of people were able […]
Why pay E*Trade $8 to buy or sell a stock when you can trade for free on Robinhood? After two years of development, $16 million in funding, and 500,000 waitlist signups, Robinhood finally hits the iOS App Store today. Robinhood lets you track the performance of stocks, and buy or sell them with just a few taps at no cost.The […]
You have to wonder why a startup is named after an English folklore hero who stole from the rich to give to the poor.For the founders of Robinhood, the inspiration came from the fees that stock brokerage firms charge their customers simply for making trades. To fight these fees, the company announced today that it has raised $13 million in […]
RobinHood is about to let anyone buy and sell stocks for free instead of having to pay E*Trade or Scottrade $7 per transaction. Today RobinHood begins inviting the 160,000 people who’ve signed up to download its glossy new app where you can efficiently track and trade stocks. “It’s by far the most beautiful brokerage app, though that’s not saying much” co-founder Vlad […]
Why pay E*Trade or Scottrade $7 to trade a stock when you could do it for free? That premise helped mobile investment app startup Robinhood raise the $3 million seed round led by Index Ventures it announced today. With zero-commission trading it will launch next month, Robinhood is out to prove that young people do care about trading stocks — […]
