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Robinhood is a commission-free trading app that has become popular among younger investors. It allows users to buy and sell stocks, options, cryptocurrencies, and exchange-traded funds (ETFs) without paying any commission fees.

Robinhood was founded in 2013 and has quickly grown in popularity due to its easy-to-use platform and low fees. However, the app has also faced criticism for its gamification of investing, which some argue encourages risky behavior.

In early 2021, Robinhood faced controversy when it temporarily restricted trading on certain stocks during the GameStop frenzy, citing increased risk management requirements from their clearinghouse. This move led to backlash from users and scrutiny from regulators.

Overall, Robinhood has disrupted the traditional brokerage industry by offering commission-free trading to a new generation of investors. However, its business model has also raised concerns about its impact on the stock market and whether it is encouraging responsible investing practices.drd