SoFi becoming a national bank, returning Aussies paying for their hotel quarantine, Americans rapidly shrinking their credit card debt during pandemic, fewer Americans may get a second stimulus check and Robinhood installing bulletproof glass after frustrated traders kept showing up at its office.
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Attorneys for users who are suing the beleaguered online brokerage company asked a federal judge in Florida to order Robinhood to stop sending “misleading communications” and to void any releases already signed by customers.
Robinhood has said it will provide compensation to all customers of its Robinhood Gold premium subscription. It’s offering them three months of service, which is worth only $15 at $5/month.
Sign up for free trading apps and earn free stocks along the way. You can get stocks valued up to $1,400 and even cash to invest.
Robinhood has finally launched its bank account. The online brokerage firm rolled out Cash Management to some early users who were first in line. This product will move the money customers don’t currently have in stocks into a separate account that pays 1.8% interest.
On Tuesday, the investment app announced a cash management feature for its brokerage accounts that will carry an annual percentage yield of 2.05%.
Robinhood, a no fee stock trading app, made news last December by announcing a no-fee checking-and-savings account that offered a 3% yield. However, the excitement of the news didn’t last long. First there was doubt whether the deposits were really insured. Then they scrapped their plans completely, apparently because they hadn’t checked with regulators before making…
Robinhood on Wednesday announced the rollout of several new features to its premium Robinhood Gold offering, including Level 2 market data and research.
Commission-free trading startup made waves when it first announced checking and savings accounts that would pay a 3% interest rate. Concerns were raised that the accounts might not be insured. And soon after it was confirmed that Robinhood hadn’t checked with regulators before making the announcement and backtracked on the announcement. Now the renamed Cash Management…
Robinhood is offering $75 Amazon gift cards to some of its customers who were impacted by the significant outages its options trading services faced last Wednesday. Some affected users were notified via email that as a result of an evaluation of their account by data scientists and senior members of Robinhood’s brokerage operations team they…
Robinhood has backtracked and deleted the original blog post about the new checking and savings accounts. A new announcement now calls the new account a ‘cash management program’ that will be lunching in 2019.
Robinhood announced yesterday that it would start offering checking and savings account to its customers. The account would have an great rate of 3% APY, which it way above the average and one of the best out there. In the announcement, Robinhood said that as a member of the Securities Investor Protection Corporation, cash accounts…
Commission-free trading startup Robinhood has launched U.S. checking and savings accounts that pay a 3% interest rate.
Zero-commission stock trading app Robinhood now has 6 million accounts, up from 4 million just 5 months ago. The app is great and I’ve been using it for a while now. You also get a free stock when you sign up. That free stock is random and you could possibly even get an Apple stock, but most likely…
Robinhood, the California-based brokerage app best known for free stock trading, is adding more free cryptocurrency trading. They already added a cryptocurrency wallet earlier this year supporting bitcoin and ethereum. Now, the company said on Thursday it is expanding Robinhood Crypto, enabling trading of two new cryptos: bitcoin cash and litecoin. Its its crypto trading service is only…
Robinhood is a no-commission stock trading app with a slick design and easy to use features. Its main selling point is that you can trade for free. They already have more than 4 million U.S. consumers using its free stock-trading platform. You also get a free stock when you sign up. Robinhood had been improving constantly.…
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