broker

2020 was a big year for the online stock broker industry and 2021 may be an even bigger year. The initial public offerings of eToro and Robinhood will leave both companies flush with plenty of capital to capitalize on that growth. The COVID-19 pandemic resulted in a surge in demand for online stock brokers. Stock markets worldwide were in freefall during the early stages of the pandemic, and many new investors recognized an opportunity to buy shares of beaten-up companies via online brokerage companies. This was truly a global trend. While Robinhood dominated new account creations in the US and media headlines worldwide, other stockbrokers were competitive outside the USA.