All brokerages make money from PFOF -- but it is a much larger revenue stream for RH compared to other brokers. https://www.morningstar.com/articles/1015686/ro

All brokerages make money from PFOF -- but it is a much larger revenue stream for RH compared to other brokers. https://www.morningstar.com/articles/1015686/robinhood-was-indeed-too-good-to-be-true https://www.morningstar.com/articles/1015686/robinhood-was-i... "That Robinhood sold its order flow is unremarkable, but the scale of its activities certainly merits comment. Forbes reports that in the first quarter 2020, 70% of Robinhood’s revenues derived from payments for order flows, as opposed to 17% for E-Trade and just 3% for Schwab. Yes, Robinhood has observed standard practice–but with distinctly above-average enthusiasm."