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+ - $0 commission stock brokerage backed by Google

Submitted by thrillseeker
thrillseeker writes "A Google Ventures backed brokerage is offering $0 commisson per trade in an invitation-only sign up process. Per their FAQ they say they will require no minimum balance and describe how they will make their money: Robinhood will offer margin trading as well as API access. We also plan to offer premium services for active investors in the future. Robinhood is venture-funded by Google, Andreessen Horowitz and many others, which affords us the freedom to focus on building a wonderful brokerage experience rather than short-term profits."

One good reason why computers can do more work than people is that they never have to stop and answer the phone.

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