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When this was on the front page last time, I pointed out that they charge fees: https://news.ycombinator.com/item?id=6906374 https://news.ycombinator.com/item?i
by sheetjs 13y ago
When this was on the front page last time, I pointed out that they charge fees: https://news.ycombinator.com/item?id=6906374 https://news.ycombinator.com/item?id=6906374
> They appear to charge TAF and other regulatory fees (https://brokerage-static.s3.amazonaws.com/assets/robinhood/legal/RHF%20Retail%20Commisions%20and%20Fees%20Schedule%20Rhfv1.2%2020131210.pdf https://brokerage-static.s3.amazonaws.com/assets/robinhood/l...) -- and based on the fee numbers it looks like they don't have significant volume -- but the website shows "FEES $0" in the app screen. The fees may not seem to be a lot, but saying that fees are zero is a factually incorrect statement.
I'm glad they fixed their homepage, but the table in the article (http://tctechcrunch2011.files.wordpress.com/2014/02/screenshot-2013-12-18-at-6-36-44-am.png?w=1360&h=424 http://tctechcrunch2011.files.wordpress.com/2014/02/screensh...) is wrong.