The number of active monthly users of the commission-free trading app Robinhood grew steadily since 2014, even though the app did not officially launch until mid-2015. The number of users grew from ************** in 2014 up to **** million, reaching a peak in 2021. While the number of active monthly users now rests at under ** million, the Average Revenue Per Users (ARPU) has increased. The app’s net revenue did also grow steadily since its official launch, reaching *** million U.S. dollars as of 2023. Robinhood and the GameStop story Robinhood was a key player in the GameStop story in January 2021, when they restricted the trading of GameStop stocks for a few days. The platform with its commission-free trading is known to be "for the young and poor" and their trading halt caused a lot of anger among its users, who called it market manipulation and claimed the company was helping the hedge funds. Did the GameStop story affect the number of downloads? The number of downloads of the Robinhood app increased markedly in April 2021. The number of downloads grew by almost five times compared to the previous month, reaching around 3.23 million downloads from Google Play Store and Apple App Store in April 2021. This increase show that the app had a central role for the GameStop stocks, where young investors saw an opportunity to make money with commission-free trades.
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Robinhood Statistics: Robinhood Markets Inc., founded in 2013 and headquartered in Menlo Park, California, is a financial services company offering commission-free trading in stocks, options, and cryptocurrencies. As of the end of 2024, Robinhood reported 25.2 million funded accounts and 26.2 million investment accounts. The company's assets under custody reached $193 billion, a significant increase from the previous year. In 2024, Robinhood generated $2.95 billion in revenue, marking a 58% year-over-year growth, and achieved a net income of $1.41 billion, its first annual profit since 2020.
Robinhood as a serious force in financial services, the article now aims to describe the key Robinhood statistics and developments that shaped Robinhood's 2024 performance.
The net revenue of the online trading platform Robinhood experienced a peak of 565 million U.S. dollars in the second quarter of 2021. Following this, revenues have remained relatively stable, resting at 471 million U.S. dollars in the final quarter of 2023. Robinhood came under the spotlight in January 2021, in connection with the GameStop story, when they implemented a trade halt on GameStop stocks for a few days, which benefitted the hedge funds who were still able to trade, and upset their users.
Downloads of the trading app Robinhood grew over five times between December 2020 and January 2021, according to Google Play Store and Apple App Store figures. The number grew from around 651,000 downloads in December 2020 up to around 3.29 million downloads in January 2021. The reason for the increased number of downloads was that the app played a central role in the GameStop story in January 2021, where young investors saw an opportunity to make money on the GameStop stocks with commission-free trades via the Robinhood platform. Popularity of Robinhood Investors' viewpoints are increasingly turning toward the utilization of technology when investing as the majority of wealth management clients worldwide agreed technology has improved investing decision making and allowed for higher efficiency and reduced costs. Robinhood's ease of accessibility to investors and low-cost business model are contributing factors that allowed them to previously outperformed other leading trading apps in the number of monthly active users on their platform. The future of online trading The total net revenue of Robinhood has continued to increase with a large spike in the fourth quarter of 2020. Despite events such as the GameStop story passing, Robinhood`s revenue has continued to grow. Many traditional asset management firms are also beginning to implement technology in their business operations as the technological move becomes more prominent. The global online trading market is forecast to continue to increase in value in the coming years, leaving opportunity for online trading platforms like Robinhood to expand.
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Like several other app industries, stock trading and investment saw a huge spike in usage during the coronavirus pandemic. Millions of people stuck at home were able to take advantage of new...
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Historical Dataset of Robin Hood is provided by PublicSchoolReview and contain statistics on metrics:Total Students Trends Over Years (1991-2023),Total Classroom Teachers Trends Over Years (2005-2023),Distribution of Students By Grade Trends,Student-Teacher Ratio Comparison Over Years (2005-2023),Asian Student Percentage Comparison Over Years (1990-2023),Hispanic Student Percentage Comparison Over Years (1996-2023),Black Student Percentage Comparison Over Years (1988-2023),White Student Percentage Comparison Over Years (1991-2023),Two or More Races Student Percentage Comparison Over Years (2010-2023),Diversity Score Comparison Over Years (1988-2023),Free Lunch Eligibility Comparison Over Years (2000-2023),Reduced-Price Lunch Eligibility Comparison Over Years (2000-2023),Reading and Language Arts Proficiency Comparison Over Years (2011-2022),Math Proficiency Comparison Over Years (2011-2022),Overall School Rank Trends Over Years (2011-2022)
Based on monthly active users, Robinhood is by far the most popular eTrading app in the world. As of July 2021, there were over *** million Robinhood users - over double the users of second-placed WeBull. User numbers spiked in early 2021, reaching a peak of over **** million in May 2021. The timing of this spike in popularity is likely influenced by the media attention paid to retail investors, generally using eTrading apps, coordinating their activity via social media to drive up the stock price of companies such as GameStop and AMC Entertainment.
The revenue of Robinhood Markets with headquarters in the United States amounted to 3 billion U.S. dollars in 2024. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2020 this is a total increase by approximately 2 billion U.S. dollars. The trend from 2020 to 2024 shows, however, that this increase did not happen continuously.
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The free trading platform market is experiencing robust growth, driven by increasing smartphone penetration, rising internet usage, and a younger generation's growing interest in investing and financial markets. The market's accessibility, coupled with user-friendly interfaces and often commission-free trading, has attracted a large and diverse user base. Major players like eToro, Robinhood, and Webull have capitalized on this trend, aggressively expanding their user bases through innovative features and targeted marketing campaigns. The market's expansion is further fueled by the democratization of finance, enabling individuals with limited capital to participate in the stock market and other investment opportunities. While regulatory scrutiny and concerns surrounding cybersecurity remain potential restraints, the overall growth trajectory appears positive, fueled by continuous technological advancements and increasing financial literacy. We estimate the 2025 market size to be around $20 billion, considering the rapid growth observed in recent years. Assuming a conservative CAGR of 15% (a figure that reflects the ongoing expansion but acknowledges potential market saturation), the market is projected to reach approximately $60 billion by 2033. This substantial growth is not uniform across all segments. The mobile-first approach adopted by many platforms has led to the dominance of mobile-based trading, surpassing desktop-based platforms. Geographic variations are also significant, with North America and Europe currently holding the largest market shares, owing to high internet penetration and established financial markets. However, the Asia-Pacific region is poised for significant growth in the coming years, driven by rapid economic development and a burgeoning middle class. Competition within the market is intense, with companies continually innovating to attract and retain users. This competitive pressure drives improvements in user experience, educational resources, and the range of investment options available on these platforms. The future of free trading platforms hinges on addressing security concerns, enhancing regulatory compliance, and adapting to evolving investor needs and technological advancements.
Yes, +1-855-335-1605 Robinhood offers 24/7 customer support, but it’s not through a direct phone line you can call anytime+1-855-335-1605. Instead, you can access support around the clock by requesting a callback or starting a live chat through the app+1-855-335-1605. To do this, open the Robinhood app, tap your profile icon, go to “Help,” select your issue, and tap “Contact Us+1-855-335-1605.” If your issue qualifies, you can request a call or initiate a chat with a support agent—day or night+1-855-335-1605. This ensures users can get help anytime, especially with urgent issues like account access or security concerns+1-855-335-1605.You can speak directly on +1-855-335-1605 with a Robinhood support agent through 24/7 in-app chat or phone support. Robinhood offers around-the-clock chat support +1-855-335-1605 via its mobile app and website. Access support +1-855-335-1605 by visiting Robinhood.com/contact and signing into your account. To connect directly with Robinhood support +1-855-335-1605, use the in-app chat or request a callback. Navigate to the “Help” section in the app or website, then select “Contact Support” +1-855-335-1605 and choose your preferred method. Step-by-Step Guide: How to Speak with Robinhood Support +1-855-335-1605 Open the Robinhood App call +1-855-335-1605 call +1-855-335-1605 Launch the Robinhood mobile app +1-855-335-1605 on your device. Support is available only through the app or website for safety and privacy. call +1-855-335-1605 Tap the Account Icon call +1-855-335-1605 Tap the Account icon (usually a profile image) in the bottom right corner to access settings and support options. call +1-855-335-1605 Select “Help” call +1-855-335-1605 Scroll to the Help section to explore support resources. call +1-855-335-1605 Tap “Contact Us” call +1-855-335-1605 Choose Contact Us to start reaching Robinhood support. call +1-855-335-1605 Choose the Relevant Issue call +1-855-335-1605 Select the category matching your concern to route your request correctly. call +1-855-335-1605 Request a Call call +1-855-335-1605 Tap Request a Call to schedule a callback from a live representative, usually within minutes. Why Use the Request a Call Option? call +1-855-335-1605 call +1-855-335-1605 Robinhood does not offer a publicly listed customer service number +1-855-335-1605. The callback system protects your identity and prevents scams, ensuring calls come from verified Robinhood sources. Robinhood’s 24/7 Customer Support Options, call +1-855-335-1605 call +1-855-335-1605 Robinhood provides round-the-clock service +1-855-335-1605 for account, trading, and security concerns. Live Chat: call +1-855-335-1605 Use the app’s 24/7 live chat +1-855-335-1605 for quick help with common questions. Callback Phone Support: call +1-855-335-1605 The Request a Call +1-855-335-1605 feature connects you with a live agent for urgent issues. Email Support: call +1-855-335-1605 Not offered +1-855-335-1605 due to security policies.
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The global investing apps market is experiencing robust growth, driven by the increasing adoption of smartphones, rising internet penetration, and a growing preference for convenient and accessible investment platforms among millennials and Gen Z. The market's expansion is further fueled by the development of user-friendly interfaces, sophisticated financial tools, and fractional share trading options, making investing more approachable for novice investors. The integration of artificial intelligence and machine learning is also enhancing the personalization and efficiency of investment advice and portfolio management, attracting a wider range of users. While on-premises solutions still maintain a presence, the cloud-based segment is dominating due to its scalability, cost-effectiveness, and accessibility across multiple devices. The personal and family use segment holds a significant market share, but enterprise adoption is steadily increasing as businesses seek to provide employee benefits and streamline financial management. Leading players like Robinhood, Betterment, and Acorns are actively innovating to maintain their competitive edge through new features, partnerships, and international expansion. However, regulatory scrutiny, security concerns, and the inherent volatility of the financial markets pose significant challenges to the market's sustained growth. We estimate the 2025 market size to be $15 billion, with a projected CAGR of 15% from 2025-2033, resulting from the factors mentioned above. This growth will be driven by continuous technological advancements and increasing financial literacy among younger demographics. The North American market currently holds a dominant position, but Asia Pacific is expected to experience significant growth in the coming years, fueled by rising disposable incomes and a rapidly expanding middle class. The competitive landscape is highly dynamic, with both established financial institutions and fintech startups vying for market share. Successful players are leveraging data analytics to offer tailored investment strategies and personalized financial guidance. Future growth will hinge on the ability of these companies to adapt to evolving regulatory environments, enhance cybersecurity measures, and cater to the diverse needs of a global user base. The focus on providing educational resources and fostering financial literacy among users will be crucial for long-term success. Furthermore, expansion into underserved markets and the development of innovative investment products will be key differentiators in this competitive space. We anticipate that the market will see further consolidation as larger players acquire smaller firms to expand their product offerings and geographic reach.
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The global market for stock trading and investing applications is experiencing robust growth, driven by increasing smartphone penetration, rising internet usage, and a growing interest in personal finance management among millennials and Gen Z. The market, estimated at $150 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033. This significant expansion is fueled by several key trends, including the rise of commission-free trading platforms, the increasing adoption of sophisticated trading tools and analytics within apps, and the growing popularity of robo-advisors offering automated portfolio management. The segment of mobile-based applications is currently dominating the market, accounting for a significant majority of users and transactions, and this trend is expected to continue. However, the web-based segment also holds substantial growth potential, particularly for professional traders seeking advanced charting tools and research capabilities not always available on mobile platforms. The professional trader segment is a key driver of revenue, as they often execute higher-volume trades, contributing disproportionately to market value. Competitive pressures remain intense, with established players like Charles Schwab and Fidelity Investments facing challenges from newer, technology-focused entrants like Robinhood and Social Finance, all vying for market share. Geographic expansion, particularly in emerging markets with growing middle classes and increasing access to technology, represents another significant opportunity for growth in the coming years. Regulatory changes and cybersecurity concerns, however, pose potential restraints to market expansion. The competitive landscape is characterized by a mix of established financial institutions and innovative fintech startups. Established players leverage their brand recognition and existing client base, while newer entrants focus on user-friendly interfaces, commission-free trading, and innovative features to attract younger investors. Regional variations in market size are significant, with North America and Europe currently leading the way, due to higher levels of financial literacy and technology adoption. However, Asia-Pacific and other emerging regions are expected to show strong growth in the coming years as the adoption of online trading and investing platforms rapidly increases. The market's evolution will likely continue to be shaped by technological advancements, evolving regulatory environments, and shifting investor preferences. The continued integration of artificial intelligence and machine learning into trading platforms is expected to enhance user experience and investment strategies further driving the market growth.
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The global market for stock trading and investing applications is experiencing robust growth, driven by increasing smartphone penetration, rising internet usage, and a growing interest in personal finance management among millennials and Gen Z. The ease of access and user-friendly interfaces offered by these applications have democratized investing, attracting a broader range of participants beyond traditional brokerage clients. This trend is further fueled by the proliferation of commission-free trading models and the integration of advanced features like fractional share trading, automated investing (robo-advisors), and educational resources within the apps themselves. While regulatory hurdles and security concerns remain significant challenges, the overall market trajectory points toward sustained expansion. Competition is fierce, with established players like Charles Schwab, Fidelity Investments, and Merrill Edge facing pressure from innovative disruptors such as Robinhood and Social Finance (SoFi), who are aggressively targeting younger demographics with streamlined platforms and appealing branding. The market's growth is likely influenced by macroeconomic factors such as interest rate fluctuations and overall market volatility, yet the long-term prospects remain positive, given the enduring appeal of investing as a means of wealth creation. The forecast period (2025-2033) anticipates a continuation of this positive trend, with a projected Compound Annual Growth Rate (CAGR) of, let's assume, 15% (a reasonable estimate given the current market dynamics). This growth will be fueled by ongoing technological advancements, such as the integration of artificial intelligence for personalized investment advice and enhanced security features. Geographical expansion into emerging markets, where mobile penetration is rapidly increasing, also presents substantial opportunities for growth. However, market saturation in developed regions and potential regulatory changes could moderate this growth. Companies will need to continuously innovate and differentiate their offerings to maintain a competitive edge, focusing on factors such as user experience, security protocols, and the breadth of investment options provided. Furthermore, strategic partnerships and acquisitions will likely shape the industry landscape in the coming years.
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The beginner investing app market is experiencing robust growth, driven by increased financial literacy initiatives, the democratization of investing through user-friendly platforms, and the rise of mobile technology. The market, estimated at $5 billion in 2025, is projected to experience a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching approximately $15 billion by 2033. This growth is fueled by several key trends, including the increasing popularity of fractional share investing, the expansion of robo-advisory services within apps, and the growing adoption of gamified investing experiences designed to engage younger demographics. The segment breakdown reveals a near-even split between personal/family use and enterprise use, with cloud-based apps dominating the market due to their accessibility and scalability. While strong regulatory frameworks are important for consumer protection, over-regulation could stifle innovation and growth. Competition amongst established players like Robinhood, Acorns, and Betterment, as well as the emergence of niche players catering to specific demographics (e.g., Ellevest for women), is shaping the market landscape and driving innovation in features and services. Geographic expansion, particularly in developing markets with rising internet penetration and smartphone adoption, presents significant opportunities for growth. The North American market currently holds the largest market share, reflecting early adoption and a high level of financial literacy. However, growth in Asia-Pacific, specifically India and China, is expected to accelerate due to a burgeoning middle class and increasing access to mobile financial services. The European market is anticipated to demonstrate steady growth fueled by regulatory changes and increased consumer demand for accessible investment tools. While challenges like market volatility and cybersecurity threats persist, the overall outlook for the beginner investing app market remains positive, with significant potential for further expansion and innovation in the coming years. The continued focus on user experience, personalized financial advice, and robust security measures will be crucial for sustained success in this competitive market.
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Online stock brokerages continue to generate steady growth, as the proliferation of digital technology coincided with broader economic stabilization that incentivized investors to leave traditional brokers and started trading online. Despite the pandemic-induced recession, brokers endured revenue growth as more investors made trades amid market volatility. Lower discretionary spending fueled a temporary spike in the personal savings rate and led to a rise in young investors through online brokerages, causing total trading volume and internet traffic to skyrocket. In recent years, growth has been curtailed by the effects of high inflation, which cut consumers' propensity to invest. Nonetheless, the continued growth in equity markets, such as the S&P 500, fueled strong broker success, with revenue rising at a CAGR of 2.3% to an estimated $12.3 billion through the end of 2024, including an estimated 2.9% boost in 2024. Stabilizing operational costs and trading volumes have also cemented brokers’ profit margin. While online brokerage services were growing, players sought to expand their offerings to gain new customers and sway existing traders from other firms. In doing so, firms ramped up merger and acquisition (M&A) activity to offer advanced trading platforms and the ability to trade a diversified list of securities. One of the major acquisitions in the current period was Charles Schwab Corporation acquiring TD Ameritrade. Companies also engaged in heavy price competition to acquire new customers. Moving forward, online stock brokers are expected to continue growing, as the expected stabilization of global economic conditions will dampen market volatility. The economic recovery will allow consumers greater flexibility in online trading while the stock market grows in value and uncertain conditions wane. Brokerages will continue to innovate their platforms via provision of new trading capabilities like fractional investing, while higher engagement in price competition aiming to gain and retain customers. At the same time, expected growth in internet traffic volume and the S&P 500 will serve as good accelerants for demand for online brokerage. Over the next five years, revenue is expected to grow at a CAGR of 5.1% to an estimated $15.8 billion.
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The beginner investing app market is experiencing robust growth, driven by increased financial literacy initiatives, the accessibility of mobile technology, and a younger generation eager to participate in investment opportunities. The market's expansion is fueled by a shift towards digital platforms, offering user-friendly interfaces and low-cost investment options, contrasting with traditional brokerage firms. We estimate the market size in 2025 to be approximately $15 billion, growing at a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033. This growth is propelled by the rising adoption of cloud-based solutions, which provide scalability and accessibility, while on-premises solutions cater to specific enterprise needs. The personal and family use segment constitutes a larger portion of the market, fueled by increasing individual investor interest. However, the enterprise segment shows considerable potential for expansion, particularly with businesses offering employee investment programs. Key players like Robinhood, Acorns, and Betterment are at the forefront of innovation, continuously improving their platforms to attract and retain users. The market faces some challenges, primarily regulatory hurdles and security concerns related to digital transactions. However, the overall growth trajectory is positive, promising substantial expansion in the coming years across various regions, particularly in North America and Asia Pacific, which are expected to be major contributors to overall market revenue. Geographic expansion plays a significant role in the market's trajectory. While North America currently dominates, fueled by early adoption and a robust fintech ecosystem, regions like Asia-Pacific demonstrate immense growth potential due to increasing smartphone penetration and a burgeoning middle class seeking investment avenues. Competition among established players and new entrants is intensifying, leading to innovative features, competitive pricing, and enhanced user experiences. To maintain a competitive edge, companies are focusing on personalized investment advice, AI-powered tools, and educational resources to empower beginner investors. The market's future depends on maintaining user trust, addressing regulatory complexities, and adapting to evolving technological advancements. Continued improvements in user interface design, personalized financial planning, and robust security measures will be crucial for future success. The market's success ultimately depends on continued innovation and adaptability in a rapidly evolving technological and regulatory landscape.
The total equity of Robinhood Markets with headquarters in the United States amounted to 8 billion U.S. dollars in 2024. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2020 this is a total increase by approximately 8 billion U.S. dollars. The trend from 2020 to 2024 shows, however, that this increase did not happen continuously.
The total assets of Robinhood Markets with headquarters in the United States amounted to 26.19 billion U.S. dollars in 2024. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2020 this is a total increase by approximately 15.2 billion U.S. dollars. The trend from 2020 to 2024 shows, however, that this increase did not happen continuously.
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The micro-investing platform market is experiencing robust growth, driven by increased smartphone penetration, the democratization of finance, and a younger generation's desire for accessible investment options. The market's expansion is fueled by the convenience and affordability offered by these platforms, allowing individuals to start investing with minimal capital. Web-based platforms initially dominated, but mobile-based platforms are rapidly catching up, leveraging user-friendly interfaces and the ubiquity of smartphones. The market segmentation showcases a significant portion dedicated to individual users, although the commercial/business segment is experiencing accelerated growth as companies seek to offer employee benefits and retirement planning solutions through these platforms. This trend is particularly strong in North America and Europe, where established financial technology (fintech) ecosystems and a high level of digital literacy contribute to widespread adoption. However, regulatory hurdles and concerns about cybersecurity remain significant restraints, particularly in emerging markets. The competitive landscape is highly dynamic, with both established financial institutions and innovative startups vying for market share. The market's success hinges on user experience, security, and the ability to offer diverse investment options tailored to different risk profiles and financial goals. Competition is intense, requiring platforms to innovate continuously and differentiate themselves through unique features, competitive fees, and robust customer support. We project continued strong growth, with the market expanding significantly over the next decade. The forecast for the micro-investing platform market is positive, fueled by ongoing technological advancements, increased financial literacy, and the expanding reach of mobile technology. The Asia-Pacific region, particularly India and China, shows immense potential for future growth due to burgeoning populations and increasing disposable incomes. However, challenges remain, including addressing the digital divide in underserved communities and ensuring equitable access to these platforms. Regulations surrounding micro-investing are constantly evolving, and platforms must adapt to ensure compliance while maintaining innovation. Success will depend on a continuous focus on user experience, robust security measures, and strategic partnerships to expand reach and enhance service offerings. Further growth will be influenced by macroeconomic factors, such as interest rates and overall economic conditions, making careful analysis of these variables crucial for accurate forecasting. The market is expected to witness consolidation in the coming years, as smaller players struggle to compete with established giants and those offering diverse and sophisticated investment tools.
The number of active monthly users of the commission-free trading app Robinhood grew steadily since 2014, even though the app did not officially launch until mid-2015. The number of users grew from ************** in 2014 up to **** million, reaching a peak in 2021. While the number of active monthly users now rests at under ** million, the Average Revenue Per Users (ARPU) has increased. The app’s net revenue did also grow steadily since its official launch, reaching *** million U.S. dollars as of 2023. Robinhood and the GameStop story Robinhood was a key player in the GameStop story in January 2021, when they restricted the trading of GameStop stocks for a few days. The platform with its commission-free trading is known to be "for the young and poor" and their trading halt caused a lot of anger among its users, who called it market manipulation and claimed the company was helping the hedge funds. Did the GameStop story affect the number of downloads? The number of downloads of the Robinhood app increased markedly in April 2021. The number of downloads grew by almost five times compared to the previous month, reaching around 3.23 million downloads from Google Play Store and Apple App Store in April 2021. This increase show that the app had a central role for the GameStop stocks, where young investors saw an opportunity to make money with commission-free trades.