GITNUX MARKETDATA REPORT 2024

Must-Know Robinhood User Statistics [Latest Report]

In this post, we will delve into the latest user statistics of Robinhood, a popular trading platform that has been making waves in the financial world. From the significant influx of new users to the dominance of young investors, we’ll explore the key metrics that shed light on Robinhood’s growing influence and market position. Follow along as we dissect the numbers behind one of the most talked-about platforms in the trading industry.

Statistic 1

"Robinhood added over 6 million new users in the first two months of 2021."

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Statistic 2

"In 2020, over 3 million new clients joined Robinhood, nearly doubling its user base."

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Statistic 3

"Young investors under the age of 35 make up 80% of Robinhood’s user base."

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Statistic 4

"The percentage of Robinhood users that own the trading platform’s stocks is at 45.3%."

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Statistic 5

"On average, Robinhood users checked the app 7 times per day in 2020."

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Statistic 6

"By October 2020, over 23% of all Robinhood users had daily average revenue trades."

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Statistic 7

"In 2020, Robinhood’s most popular stock was Apple, held by 22.3% of users."

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Statistic 8

"Robinhood users make up 58.4% of users on all trading platforms."

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Statistic 9

"In June 2021, Robinhood filed to go public with a pre-IPO valuation of $40 billion."

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Statistic 10

"63% of Robinhood app users access it on Android devices, and 37% on iOS devices."

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Statistic 11

"In May 2021, Robinhood reported 18 million funded accounts."

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Statistic 12

"As of June 2021, Robinhood had $81 billion in assets under custody."

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Statistic 13

"By Q1 2021, cryptocurrency trading revenue on Robinhood totaled $331 million."

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Statistic 14

"In 2020, Robinhood gained an estimated $362 million due to options trading on its platform."

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Statistic 15

"In 2021, Robinhood overtook Coinbase as the most searched-for finance app on the App Store in the US."

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The statistics presented reveal a significant growth trajectory for Robinhood, with a substantial increase in new users and a predominantly young user base. The platform’s popularity is evident through metrics such as daily app usage and ownership of its stocks. Robinhood’s upcoming IPO and high valuation further demonstrate its position in the market. The statistics also highlight the platform’s success in cryptocurrency and options trading, as well as its recent overtaking of Coinbase in app popularity. Overall, these statistics underscore Robinhood’s evolution into a major player in the financial services industry.

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