Robinhood Zero-Commission Stock Trading App
Why pay E*Trade $8 to buy or sell a stock when you can trade for free on Robinhood? After two years of development, $16 million in funding, and 500,000 waitlist signups. Robinhood lets you track the performance of stocks, and buy or sell them with just a few taps at no cost. The app could attract a younger, less wealthy demographic to the stock market because people can trade smaller amounts without having their potential earnings eaten up by the fees most brokerages charge. Josh Constine gets a quick hands-on of the new zero-commission stock trading app, Robinhood.
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