How will robinhood compete with their main competitive edge gone? layoffs coming?
I think they still charge per option contract but robinhood is 100% free.
Robin hood is done. Their only selling point has always been zero fees. Now that's gone. Beside that their platform is inferior to Charles Schwab and TDAmeritrade
Not to mention their "savings account" debacle.
I'll transfer over my Robinhood holdings to Schwab. Their checking account is pretty spectacular already.
Itβs a really nice platform, Iβll stay
They never had any moat.