Robinhood Adds Free Options Trades To Free Stock Trading Platform

Disruptive fintech startup Robinhood has fired another shot across the bow of the big online brokers such as TD Ameritrade (AMTD), Charles Schwab (SCHW) and E-Trade Financial (ETFC). It will now allow investors to trade options, as well as stocks and ETFs, for free.

The brokerage behind the popular Robinhood investment app, for free stock trading, said Wednesday it will charge no commission and no per-contract fee for buying or selling options, a type of derivative security. It will also...

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