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In December 2018, Robinhood launched a waitlist to sign up for new transaction accounts and savings accounts, including debit cards, with market-leading interest rates, which it claimed would be insured by the Securities Investor Protection Corporation (SIPC). However, after the SIPC said that it had not been contacted by Robinhood and that the ...
Robinhood has also heavily depended on incentives to attract and retain users, such as a $200 bonus for signing up for Robinhood Gold, as well as account transfer and retirement match incentives.
The Robinhood brokerage account makes it incredibly easy to buy and sell stocks, ETFs, options and cryptocurrencies. Its Instant Deposit feature allows users to begin trading immediately after ...
Margin loan interest and options fees account for 39.5% of Robinhood's total revenue through nine months of 2024. These types of speculative activities dry up during market downturns.
Shares of Robinhood Markets (NASDAQ: HOOD) were gaining today after the company agreed to pay $45 million to settle claims with the Securities and Exchange Commission (SEC), and it received two ...
Popular online stock-trading platform Robinhood is offering checkings and savings accounts with an interest rate that's roughly thirty times higher than the national average.
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