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A Massive Red Flag for Robinhood's Gold Subscriptions

TheMotleyFool

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A Massive Red Flag for Robinhood's Gold Subscriptions: https://g.foolcdn.com/editorial/images/782332/cryptocurrency-tracking-on-phone.jpg

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.

Source Fool.com

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