That’s right, get ready to party because $0.00 commissions are right around the corner — thanks to Robinhood.com, a tech startup that is set to launch in early 2015. If any of you remember Zecco.com then you know that $0.00 commissions have been tried before so it will be interesting to see how this plays out.
By getting rid of brick and mortar locations and offering their services through mobile app, Robinhood.com promises $0.00 trade commissions, a fact that’s sure to lure a great many small account traders, including this one.
I’ve profiled this company on RetailTRADER before, and today Techcrunch put up a very detailed post about it which you can read here.
You can sign up to be notified about Robinhood.com’s launch here.