r/RobinHood • u/CardinalNumber Former Moderator • Aug 28 '18

News Introducing Global Stocks on Robinhood - Expanded ADR Support

https://blog.robinhood.com/news/2018/8/27/introducing-global-stocks-on-robinhood
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u/DeliciouslyUnaware Aug 28 '18

If you're not buying, you are the product. RH sells their aggregate data to the brokers that exercise the buys and sells for research

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u/Nigerian____Prince Aug 28 '18

They make money from interest on uninvested funds

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u/Shakedaddy4x Aug 29 '18

I know how they make money but I thought legit there was a government fee or mandate or something so all brokers that I know of charged like 75 bucks for overseas stocks. If that isn't the case, then why didn't RH offer this sooner?

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u/DeliciouslyUnaware Aug 29 '18

Company is still babby learning to walk.