Yeah they earn interest on uninvested funds in people's accounts, keeping it free. They are also in the process of releasing a new version that allows instant access to your funds after selling a stock or making a deposit instead of the 3-day waiting period they used to have. Please use this link if you're interested in trying it out.
Also here is a good article on the company
Ian
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On Tuesday, February 23, 2016, 10:32 AM, JM Bud jmbud2@gmail.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
Background article on this: http://www.investopedia.com/articles/active-trading/020515/how-robinhood-makes-money.aspOn Tue, Feb 23, 2016 at 9:33 AM, Ian Heskitt iheskitt@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:I've been using this app for a few months and it's seriously completely free. It's awesome for just simple buying and selling. It's called Robinhood, check it out if you are interested.http://share.robinhood.com/ianh5
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Posted by: Ian Heskitt <iheskitt@yahoo.com>
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