5 ms·
They take a pretty good fee to withdraw money. I'm not sure that would be a decent part of their revenue, though.
by poopsintub 11y ago
They take a pretty good fee to withdraw money. I'm not sure that would be a decent part of their revenue, though.
- what_ever 11y agoWithdraw to your bank account?
- poopsintub 11y agoSorry about that. I must have looked at ACAT - Outgoing for some reason, believing it was ACH.
- vtlynch 11y agoDo you have a source for this? For US listed stocks there is no fee throughout the entire transaction (deposit, buy, sell, withdraw): https://brokerage-static.s3.amazonaws.com/assets/robinhood/legal/RHF%20Retail%20Commisions%20and%20Fees%20Schedule.pdf https://brokerage-static.s3.amazonaws.com/assets/robinhood/l... Robinhood has stated for a while that they have a margin feature they plan to charge for: https://robinhoodapp.zendesk.com/hc/en-us/articles/202853769-How-does-Robinhood-make-money- https://robinhoodapp.zendesk.com/hc/en-us/articles/202853769...