How Does Robinhood Make Money?

Laveta Brigham

Millennial investors have been flocking to easier ways to invest for cheap. And with the accessibility of online or app-trading for younger investors, investment apps seem to be the way of the future. In fact, investment app Robinhood doubled its growth from the previous year to 6 million users in 2019 – trumping […]

Millennial investors have been flocking to easier ways to invest for cheap. And with the accessibility of online or app-trading for younger investors, investment apps seem to be the way of the future.

In fact, investment app Robinhood doubled its growth from the previous year to 6 million users in 2019 – trumping online brokerage E*TRADE
(ETFC) – Get Report with their 3.7 million (as of last year). With its commission-free model, Robinhood has attracted investors who are looking for a cheap, easy way to invest on their mobile devices. But, the question begs – how does Robinhood actually make money? 

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