$0 commission stock trades! Backed by Google

[JEDI]

http://buzz.money.cnn.com/2014/05/17/robinhood-trading-app/?hpt=hp_t3

The company's business model is to make money on margin trading, interest on cash deposits and payment for order flow, a fancy way of saying making money by trading faster or slower than others.


ATOT millionaires rejoice!
now u can keep even more your your $

note:
this doesn't include options, yet. so I'm sticking w/my provider at $3.95

 

[mrjminer]

Sounds like a good plan... for Google to gather detailed financial data on the masses that would otherwise be inaccessible.

 

[brianmanahan]

all my trades at vanguard at commission free

i dont buy individual stocks though, that game is for suckers

 

[Rakehellion]

Trading app has 340,000 person wait list

Yeah, no.

 

[pete6032]

all my trades at vanguard at commission free

i dont buy individual stocks though, that game is for suckers

Though, it would be interesting to see how the bogleheads philosophy changed if trading was free.

 

[sdifox]

Isn't this what Brad Katsuyama discovered high frequency traders were doing and blew the whistle on?

 

[UglyCasanova]

I'm sorry but I don't trust anything Google anymore.

 

[JEDI]

I'm sorry but I don't trust anything Google anymore.

esplain?