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RE: 🏹 Robinhood Now More Available - Including My State!
I haven't looked in to it... But what is their business model if they don't charge trading fees? They need make a living one way or another, so what's the catch?
With all accounts you always have a small cash balance of a few dollars either from dividends or sells etc. They take that money and keep the interest on it is how they fuel their business.
Additionally they also make revenue by charging customers for an optional premium offering - Robinhood Gold. With Robinhood Gold you get perks like instant availability of funds, after hours trading, and margin.
Ah yes this is true forgot about that thank you!