Robinhood Surpasses E-Trade in User Numbers

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This article was originally published on ETFTrends.com.

Stock trading app Robinhood has beat its rival E-trade when it comes to users, doubling the number of accounts in the past year. Robinhood has 4 million brokerage accounts on its platform compared to E-trades 3.7 million accounts. On Thursday, Robinhood announced a $363 million funding round, valuing the company at $5.6 billion. E-Trade Financial, [...]

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