Robinhood is the fee free trading app that recently integrated crypto trading.
It is very popular among millennials and crypto traders.
(Source: youtube)
According to recent reports, they made $8 billion in revenue in 2017 and are projected to make $47 billion by 2020.
Those are massive numbers and massive growth for a brokerage.
They now are the fastest growing broker of all time and are now even bigger than Etrade in terms of users.
Etrade had 3.7 million users late last year while Robinhood now has over 4 million users.
That is amazing!
It appears Robinhood really is taking from the rich and helping the poor. :)
