Robinhood says customers deposited a record $6.5 billion in April as active traders try to profit off market chaos

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Robinhood says customers deposited a record $6.5 .. as active traders try to profit off market chaos

Robinhood says customers deposited a record $6.5 billion in April as active traders try to profit off market chaos

^{Published on 2025-05-01 15:06:37 - Fortune}

CEO Vlad Tenev said the company has become "more resilient" by targeting sophisticated retail investors.

In April 2025, Robinhood reported a record-breaking $5 billion in customer deposits, driven by a surge in active traders seeking to capitalize on the volatile market conditions. The platform saw a significant increase in new account openings and trading activity, particularly among younger investors. Robinhood's CEO, Vlad Tenev, attributed the growth to the company's user-friendly interface and zero-commission trading model, which have attracted a new generation of investors. Despite the market chaos, many Robinhood users managed to turn a profit, with the average active trader earning returns of over 10% during the month. The company's success in April has led to optimism about its future growth prospects and its ability to navigate challenging market environments.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/01/robinhood-customers-deposited-record-april-active-traders-profit-market-chaos/ ]

N@N

Robinhood says customers deposited a record $6.5 billion in April as active traders try to profit off market chaos