Question
Robinhood's core service solves the problem of accessibility and affordability of investing for its millennial audience. By offering commission-free trading, it allows millennials, who may not have large amounts of disposable income, to invest in fractional shares of stocks, ETFs, options, and even cryptocurrency. This makes investing more affordable and accessible to a demographic that has traditionally been excluded from these markets due to high costs.
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Robinhood's key strength is its commission-free trading that allows anyone to buy fractional shares of stocks, ETFs, options, and even crypto at any price. It also has an easy-to-use mobile UI and its core service is innovative in that it solves a problem for a majority millennial audience to help make investing affordable.
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