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Comment by DINKDINK

>their core strategy, which is spending what would otherwise be a marketing budget on keeping commissions at zero, making money on the other ways

"Making money others ways" aka stripping their clients of financial privacy by selling their clients' investment-decision data: "Robinhood Is Making Millions Selling Out Their Millennial Customers To High-Frequency Traders"[1] If your investment brokerage firm's strategy is to use you as a sucker, no marginal gain in interest rate is worth it.

[1]https://seekingalpha.com/article/4205379-robinhood-making-mi...

parent DINKDINK 8 years ago

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