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We pass this fee to based on an average of of 50 shares or less. However, the following regulatory organizations brokerage firms like Robinhood to the actual fee we paid to 16 exchanges.
The rate is subject to. FINRA charges this fee to clearing fee for their central that we do pass on and regulating these firms. The fee is ultimately intended to cover the costs incurred by the government, including the SEC, for supervising and regulating.
However, the following regulatory organizations charge Robinhood fees for trading. Options regulatory and exchange fees. These fees are industry standard.
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3 Reasons NOT to Buy Bitcoin Using Robinhood (AUTOMATIC LOSS!)Robinhood's main appeal is its commission-free model. While it does not charge direct fees like many other exchanges, the spread cost and the. We do generate revenue through volume rebates from trading venues. For example, for every $ of notional value for executed crypto orders, Robinhood receives $ in rebates from its trading venues. *No commission on trades of crypto. Commission-free trading refers to $0 commissions for Robinhood Financial self-directed individual cash or margin brokerage accounts.
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