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by SamReidHughes 1321 days ago
Robinhood is perfectly trustworthy with your money. This is a completely nonsensical smear.
1 comments

You are the product for Robinhood, as they are selling deal flow. Vladimir Tenev will always put his customers first since they are paying for the deal flow information.

How can you trust any company that has you as the product?

You'll be shocked to learn that Robinhood also collects interest on your cash deposits and charges interest when you borrow money on margin. And gosh, other brokers like Fidelity also often route orders to Citadel. They're filling orders at the advertised prices, and following your limit price, are they not?

You could cry you don't like their prices or you think another broker offers better transaction costs, features, or fees, but talking about "trust" is a baseless smear.