The brokerage, known for helping pioneer commission-free trading, relied on a controversial practice called payment for order flow (PFOF) for more than three-quarters of its revenue https://www ...

In contrast with Fidelity, Robinhood takes payment for order flow, which could add to your trading costs as brokers may start seeking out PFOF to generate revenue. While brokers that accept PFOF ...

During 2024, some 66% of Robinhood’s $2.95 billion in revenues came from what is known as payment for order flow of PFOF, which is the practice of selling its customers' trades to Wall Street ...

Robinhood has faced scrutiny in the past for its lack of transparency, particularly regarding its payment for order flow (PFOF) practice. The platform has since improved its communication with ...

The report, by a research group at Columbia University and Robin Hood, an anti-poverty group, found that the share of New Yorkers in poverty was nearly double the national average in 2023 and had ...