How does robinhood make money?

September 20, 2024 ⚊ 1 Min read ⚊ Views 6 ⚊ BLOG

Robinhood makes money in many ways, notably through a system known as payment for order flow. That is, Robinhood routes its users’ orders through a market maker that actually makes the trades and compensates Robinhood for the business at a rate of a fraction of a cent per share.

Read details: https://www.crmportalconnector.com/developer-network/forums/general-discussions/how-does-robinhood-make-money-%EF%B8%8Fquick-contect

Tags: Robinhood support