![]() Yes, Robinhood allows users to buy fractional shares of stocks and ETFs. Monthly Active Users (MAU) increased 76 to 18.9 million, compared with 10.7 million in the third quarter of 2020. Can I buy fractional shares on Robinhood? Robinhood said its monthly active users declined to 15.9 million, down from 17.7 million in the year ago period and 17.3 million in the previous quarter. Robinhood’s user base has grown rapidly over the past few years, from 0.5 million users in 2015 to over 23 million as of 2022. How has Robinhood’s user base grown over the years? It also charges regulatory fees on certain transactions. Robinhood is a commission-free platform, but it does charge fees for other services, such as margin trading and its premium subscription service, Robinhood Gold. What are the fees associated with using Robinhood? Robinhood said on its website that it has 18.9 million monthly active users as of September 30, 2021. However, it’s important to note that the platform has had some technical issues and controversies in the past, so it’s important to do your own research before investing. About 660,000 new accounts were funded in the Q3 of 2021. Robinhood famously doesn’t charge fees for trading on. Its commission-free structure and simple interface make it accessible to new investors. Options cost 0.65 per contract and TD Ameritrade charges 12.50 on margin up to 10,000, with step downs as the margin amount climbs. Robinhood can be a good platform for investing, especially for those who are just starting out. Is Robinhood a good platform for investing? ![]() Robinhood is currently only available in the United States and certain territories, for a list of alternatives you can check our list of Robinhood alternatives. Robinhood is a commission-free investment and trading platform that allows users to buy and sell stocks, exchange-traded funds (ETFs), options, and cryptocurrencies. Robinhood synonyms, Robinhood pronunciation, Robinhood translation, English dictionary definition of Robinhood.
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