How Does Robinhood Make Money?
How Does Robinhood Make Money?
Get insights on Robinhood's 2021 financials, its revenue streams, product and technology, and opportunities and challenges.
Get insights on Robinhood's 2021 financials, its revenue streams, product and technology, and opportunities and challenges.
No minimums. Commission-Free trading means that there are no commission
charges for Alpaca self-directed individual cash brokerage accounts that
trade U.S. listed securities through an API. Relevant regulatory fees
may apply.
Commission free trading is available for Alpaca's retail customers.
Alpaca reserves the right to charge additional fees if it is determined
that orders flow is non-retail in
nature.
Alpaca Securities LLC charges you a transaction fee on certains securities which are subject to fees assesed by self-regulatory organization, securities exchanges, and or government agencies. The fee on the value of covered securities transactions. To determine the exact amount of this fee with respect to any transaction, please contact [email protected].
Transaction fees
$8.00/Per $1million*
Financial Industry Regulatory Authority (FINRA)
$0.000166/Per Share* Max of $8.30
Easy to borrow securities
(Pass through cost assesed by the lender. We do not currently add a markup but reserve the right to do so in the future.)
Hard to borrow securities
(Not currently available.)
* This information is accurate as of 12/23/2021 but subject to change. For more information please reach out to [email protected].