Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California.[2][3] It operates an electronic trading platform that facilitates commission-free trades of stocks, exchange-traded funds and cryptocurrencies as well as individual retirement accounts[4][5][6] via a mobile app introduced in March 2015. Robinhood is a FINRA-regulated broker-dealer, registered with the U.S. Securities and Exchange Commission, and is a member of the Securities Investor Protection Corporation.[7][2] The company's revenue comes from three main sources: interest earned on customers' cash balances, selling order information to high-frequency traders[8] and margin lending.[9][10] As of December 2023[update], Robinhood had 23.4million funded accounts and 10.9million monthly active users.[1][11] In April 2022, Robinhood rolled out a cryptocurrency wallet to more than 2 million users.[12]
^ ab"Robinhood Markets, Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 27, 2024.
^ abGannes, Liz (September 23, 2014). "With $13 Million, Robinhood Aims to Share the Stock-Trade Wealth". Recode. Archived from the original on March 23, 2019. Retrieved March 23, 2019.
^"Robinhood lures digital coin traders from Coinbase with a free service". Digital Trends. February 22, 2018. Archived from the original on May 18, 2018. Retrieved May 17, 2018.
^"The Wait(list) is Over – Robinhood Retirement is Now Available to All Eligible Customers" (Press release). Robinhood Markets, Inc. January 12, 2023. Retrieved January 12, 2023 – via Yahoo! Finance.
^"Robinhood launches retirement waitlist for first-ever IRA with a 1% match". Fortune. Retrieved January 6, 2023.
^"Online brokerage Robinhood goes after retirement dollars". InvestmentNews. December 7, 2022. Retrieved January 6, 2023.
^Touryalai, Halah (February 26, 2014). "Forget $10 Trades, Meet Robinhood: New Brokerage Targets Millennials With Little Cash". Forbes Magazine. Archived from the original on September 12, 2014. Retrieved September 26, 2014.
^Dave Michaels; Alexander Osipovich (September 2, 2020). "Robinhood Faces SEC Probe for Not Disclosing Deals With High-Speed Traders". The Wall Street Journal. ISSN 0099-9660. Wikidata Q115746646. Retrieved December 17, 2022.
^Cite error: The named reference nofrills was invoked but never defined (see the help page).
^Kane, Logan (September 10, 2018). "Robinhood Is Making Millions Selling Out Their Millennial Customers To High-Frequency Traders". Seeking Alpha. Archived from the original on March 21, 2019. Retrieved February 13, 2019.
^"Robinhood's revenue fell more than expected at year's start". Associated Press. April 28, 2022.
^Grothaus, Michael (April 4, 2022). "Robinhood crypto wallet: 2 million customers can now do more with their coins". Fast Company. Retrieved July 2, 2022.
RobinhoodMarkets, Inc. is an American financial services company headquartered in Menlo Park, California. It operates an electronic trading platform...
extent of payment for order flow practices. In 2014 broker-dealer RobinhoodMarkets introduced no-commission retail stock trades funded by payment for...
Chief Creative Officer/Co-Founder, RobinhoodMarkets Inc". Bloomberg. March 18, 2022. "I'm Baiju Bhatt, Robinhood CEO, and This Is How I Work". lifehacker...
about the GameStop short squeeze, RobinhoodMarkets, Archegos Capital Management, market concentration among market makers for payment for order flow...
28, some brokerages, particularly app-based brokerage services such as Robinhood, halted the buying of GameStop and other securities, citing the next day...
/r/WallStreetBets, a subreddit where participants discuss stock trading, and RobinhoodMarkets, a financial services company, became notable in 2021 for their involvement...
States HOOD method, software design method NASDAQ ticker symbol for RobinhoodMarkets Hood, codename for the largest secretly detonated thermonuclear device...
inequality with its supposed democratization. He explains that with RobinhoodMarkets, an investor's money doesn't go directly to the stockbroker; instead...
discuss stock and option trading, and the financial services company RobinhoodMarkets, became notable in 2021 for their involvement on the popularization...
platform Robinhood. In 2015, Robinhood launched its mobile app to the public. Following a funding round in May 2018 which increased Robinhood's valuation...
RaidForums a few weeks earlier. He was identified as connected to the 2021 RobinhoodMarkets data breach and a data breach of Twitter in 2022. Troia's published...
team disclosed their intent to integrate with commission-free broker RobinhoodMarkets. To fill the gap left by Quantopian, a number of traders have relied...
Carnegie Endowment for International Peace. Retrieved 3 April 2023. "RobinhoodMarkets Welcomes Three New Directors to Board". Under the Hood. June 2021...
way it priced trades. In October 2018, Bloomberg reported that 40% of Robinhood's revenues were derived from selling customer orders to firms such as Citadel...
the incident caused; Robinhood was the target of several lawsuits following the fiasco and wound up starting in the stock market significantly lower than...
NYDIG was awarded a BitLicense. In January 2019, Robinhood Crypto LLC, a subsidiary of RobinhoodMarkets Inc., and Moon Inc., dba LibertyX were awarded...
the Robinhood effect, which refers to the increasing significance and attention on small retail investors using trading platforms like Robinhood, characterized...
Global Information
US$1.865 billion (2023)
US$−536 million (2023)
US$6.696 billion (2023)