4 ms·
The article links directly to the FAQ, but doesn't mention this which is on there, and I think is very relevant: How much does Robinhood make in rebates? Robi
by Bedon292 8y ago
The article links directly to the FAQ, but doesn't mention this which is on there, and I think is very relevant:
How much does Robinhood make in rebates?
Robinhood earns ~$0.00026 in rebates per dollar traded. That means if you buy a stock for $100.00, Robinhood earns 2.6 cents from the market maker. Other brokerages earn rebates and charge you a per-trade commission fee on top of this.