What growth options will robinhood have?
Also after https://www.cnbc.com/2019/10/01/charles-schwab-is-eliminating-online-commissions-for-trading-in-us-stocks-and-etfs.html Will the valuation be impacted
Charles Schwab is eliminating commissions for online trading in US stocks and ETFs
CNBC
Undoubtedly. I use RobinHood and the main selling point is commission free trading. UI sucks, app shits itself on the first 10 minutes following market open (So your orders go unfilled and you lose thousands, fun!), and they don't attempt to maximize your profit, instead choosing to fill as many orders as possible. Also this is hearsay but I think they sell order information to Citadel. I do thank them for starting the trend of commission free trading though. IB and Schwab have switched, the others will follow soon to remain competitive.
It’s almost free not entirely free. The options are still 65c per contract. Though self immolation committed by Schwab today was amusing to watch