In case you thought paying $7 to $10 to trade a stock in the US was bad, it costs $65 in Australia. So now that its zero-fee stock trading app is thriving stateside with hundreds of thousands of users, Robinhood is planning to go international, starting in Australia. A $50 million Series B cash infusion from NEA will fuel that expansion, […]
RobinhoodRobinhood is now available to the general public.
It’s sleek. It’s easy to use. It’s designed to give first time, small-scale investors a leg up on Wall Street hotshots.
And after months of waiting, it’s now open to anyone who wants to join.Robinhood, a zero-commission brokerage app for iPhone that launched in December to a 700,000-person waitlist, is now available to the […]
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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 […]
Trading stocks on your iPhone without spending a fortune is finally here.And by that, we mean that Robinhood’s long-awaited app is finally available after about six months of beta testing, one-and-a-half years after the company was founded.Robinhood’s founders, Vlad Tenev and Baiju Bhatt, two young men with backgrounds in finance, set out to build a mobile-only solutions for stock trading. […]
Since the financial crisis, the credibility of Wall Street has taken a beating. These days MBA graduates are as likely to work at socially minded start-ups as mega-banks. And day trading isn’t quite the popular sport it was in the helter-skelter days of the 1990s. Helping the planet is cool. Making unthinkingly large amounts of money is not.In this context, […]
Half a million people have already signed up for Robinhood‘s unlaunched zero-fee stock trading service. Now the startup has raised $13 million to hire talent to make its app totally secure so it can start adding people from its private beta waitlist.Unlike competitors E*Trade and Scottrade that charge people $7 to $10 per trade, Robinhood doesn’t need to spend money […]