Kek, /biz/ BTFO again.

[Anonymous No.11527641]

>Stealing from millenials to give to the rich...
https://www.zerohedge.com/news/2018-10-16/robinhood-said-get-40-revenue-hft-firms-citadel

[Anonymous No.11527809]

>>11527641
This is actually pretty common among retail brokers. Td Ameritrade, scottrade, etrade, all the famous ones. None of them have direct access routing. Very few do, I only know of obscure ones like Interactive Brokers and Centerpoint. You pay extra for direct access routing, and you pay per share, and it's not cheap. Not that it matters much. It probably matters to daytraders who need speed but your average retail trader doesn't need that

[Anonymous No.11527934]

>>11527809
It does matter to bizbros who got a cent stolen from every trade.

[Anonymous No.11527959]

>>11527934
Better than paying 12 dollars round trip commission from the big box brokers.

[Anonymous No.11527981]

>>11527641
>If you are not paying, you are the product
Is this really that hard to comprehend ?
Pigs in farms aren't charged for their accommodation, food, sleep, healthcare.

[Anonymous No.11528024]

Who cares Robinhood is easy and free

[Anonymous No.11528140]

>>11527981

Based. Drop another redpill for me please?

[Anonymous No.11528163]

>>11527641
this is better than the business model I expected:
>take deposits
>never execute a trade
>most people who trade (esp with a smartphone) lose money
>pay out the winners with the losers money
>keep the rest of the losers money for yourself

[Anonymous No.11528216]

>>11527641
fucking awesome! You trade in something utterly worthless (a record of your incompetence as a trader) and get free gambling in return. Capitalism is great!

[Anonymous No.11528832]

>>11527959
Not if you invest more than 1200 bucks.