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Synopsis The rate cut is part of the company s overall goal to lower the cost of investing, Robinhood said in a statement, and is the latest competitive move by the popular trading app. Getty Images It has seen business boom during the coronavirus pandemic as more homebound consumers took to buying and selling stocks online. The app now counts more than 13 million users. LONDON: Online brokerage Robinhood Markets Inc has cut its annual margin interest rate for premium customers in half to 2.5%, the company said on Monday, making it one of the cheapest in the sector. The rate cut is part of the company s overall goal to lower the cost of investing, Robinhood said in a statement, and is the latest competitive move by the popular trading app.

City ofUnited kingdomUnited statesRichard pullinAnna irreraMadhu muthukumarWilliam galvinRobinhood markets incCommonwealth william galvinநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்ஒன்றுபட்டது மாநிலங்களில்அண்ணா இர்ரேறமது முத்துக்குமார்வில்லியம் கால்வின்ராபின் ஹூட் சந்தைகள் இன்க்