&gt; Robinhood has larger spreads than many of it&#x27;s alternatives.<p>You need to be careful about what you mean when you say this.  Robinhood should not be offering spreads worse than the NBBO and if they are you should document it.<p>The vast majority of Robinhoods order flow and execution is paid for by Citadel and Knight, who also pay for the order flow of the vast majority of other retail trading outfits.  I&#x27;d be very surprised if the spreads were significantly different (though maybe execution times are worse on Robinhood leading to worse fill rates).