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Robinhood App Will Offer Zero-Commission Stock Trades Thanks To $3M Seed From Index And A16Z

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Screenshot 2013-12-18 at 5.32.59 AM Why pay E*Trade or Scottrade $7 to trade a stock when you could do it for free? That premise helped mobile investment app startup Robinhood raise the $3 million seed round led by Index Ventures it announced today. With zero-commission trading it will launch next month, Robinhood is out to prove that young people do care about trading stocks — it’s just been too expensive for them… Read More

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