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Since this question always comes up, I'll aggregate: - Payment for order flow - Interest on idle cash - Robinhood Gold, a subscription model with side benefi
by pgwhalen 8y ago
Since this question always comes up, I'll aggregate:
- Payment for order flow
- Interest on idle cash
- Robinhood Gold, a subscription model with side benefits, the most notable of which is...
- Margin lending
It's unclear whether Robinhood is profitable or has a road towards profitability since none of these are really unique in the retail brokerage space, but it certainly seems possible that these combined with a huge customer base and the right amount of frugality could allow for it.