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I don’t use Robinhood anymore, but it’s definitely had an effect on retail brokerages. Foremost, it has attracted a younger crowd than most other brokerages hav
by bransonf 7y ago
I don’t use Robinhood anymore, but it’s definitely had an effect on retail brokerages. Foremost, it has attracted a younger crowd than most other brokerages have been able to.
The $0 commission is now pretty universal, and most brokerages are pushing better mobile apps. I don’t really trade from my phone, but you have to admit it’s convenient for when you’re not always near a desktop.