How can you make money on Robinhood?
· Through stock value appreciation and dividends
· This platform also offers a referral program. When you and your referrals sign up you earn free stock. If you can get enough buddies to sign in you may get up to $500 in free stock a year.
· The shares of free stock are selected randomly from an inventory of settled shares
How Robinhood earns money?
· Robinhood Gold account offers attractive investing tools. These are charged $5 a month.
· Receives rebates from trading venues and stock markets
· Generates income from cash
· Collects stock loan income its counterparties
· Charges interchange fees on purchases made using a cash management debit card
Is Robinhood safe?
Investing is a risky business.
· There is a risk of possible loss of principal over any given period of time
· Uncertainty of stock performance is always there