Robinhood's (NASDAQ: HOOD) Gold subscription is a great way for the company to change its incentive structure from traditional brokers. It allows Robinhood to offer incentives competitors can't match and have a revenue source to fall back on.
What's not clear is the price for different customers. $5 per month is advertised, but as Travis Hoium details, this isn't the price everyone gets for Robinhood Gold.
*Stock prices used were end-of-day prices of June 30, 2024. The video was published on July 1, 2024.
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Travis Hoium has positions in Robinhood Markets. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
