Question

If Robinhood doesn't charge anything to the users, how does it make money? Comment on whether...

  1. If Robinhood doesn't charge anything to the users, how does it make money? Comment on whether the source is a) sustainable and b) beneficial to the users.

Homework Answers

Answer #1

The source of income for robinhood is sustainable and beneficial for the users it is mutual for both .
the robinhood makes money through the reputation that it has earned by working for the good of the people. the robinhood now has created a brand that helps it to earn money.

The service is free of cost and thus it is beneficial for the users of the service who get benefited by it .

The source of income that is the brand that is created and hence a sustainable source.

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