Cryptocurrency Q&A
Why is Robinhood shady?
Why is Robinhood shady?
SamsungShineBrightness
Sun Oct 13 2024
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7 answers
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Robinhood seems shady due to its reported involvement in controversial practices like payment for order Flow and hidden fees, raising concerns about transparency and fairness in the trading platform.
7 answers
Valentino
Tue Oct 15 2024
Robinhood, a popular trading platform, advertises itself as a 'free' service, yet its revenue generation tactics differ significantly from conventional broker-dealers.
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PhoenixRising
Tue Oct 15 2024
The company earns money through a unique practice known as payment for order flow, whereby it directs client orders to trading firms for execution.
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Filippo
Tue Oct 15 2024
In exchange for these orders, Robinhood receives cash payments, effectively monetizing its user base and trading activity.
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CryptoWanderer
Tue Oct 15 2024
This unconventional approach to revenue generation has sparked concerns among regulators and investors alike, as it challenges traditional notions of brokerage ethics.
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KpopHarmonySoulMate
Mon Oct 14 2024
Critics argue that such practices may compromise the platform's commitment to providing unbiased and fair market access for its clients.
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