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I've using their brokerage services -- no fee on stock and option trading -- and I'm ready to move my primary ETrade account to Robinhood soon.

Capital One currently offers 5-yr CD for 3.15%. I just signed up for Citi Priority to save a few pennies on "foreign transaction fees," but it pays paltry 0.03%. That 3% sounds to good to be true, but it's probably not impossible.

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Its not too good to be true. These are simply the effects of true non crony capitalism at work. Decentralisation of everything is forcing the crony status quo capitalistic system to change, thus pushing the boundaries of progress further than before. This is simply the beginning.

Until Robinhood exhausts its runway, is acquired by a traditional finance firm, or is run out of business by FINRA complaints because they kill options trading for hours at a time for their users during market hours [1].

[1] https://i.imgur.com/VTZifUQ.png

Best was when they exercised out of the money expiring options. I wonder how much they lost on that.

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