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

Vladimir Tenev (L) and Celina A. Tenev (R) pose for a picture on the red carpet at the 11th Annual Breakthrough Prize Awards and Ceremony at the Barker Hangar in Santa Monica of Los Angeles, California, United States on April 5, 2025. (Credit: Tayfun Coskun—Anadolu/Getty Images)

• Robinhood has not always thrived during periods of extreme volatility, but customers continued to flock to the online trading platform this past month, even after President Donald Trump’s chaotic tariff rollout spooked markets. 

Trade-policy uncertainty and economic unease have public companies in industries from airlines to fast food pulling their forward-looking guidance for investors. Online brokerage platform Robinhood offered a confident outlook during its quarterly earnings call Wednesday, however, with its outreach to active traders helping propel the company to a strong April despite President Donald Trump’s tariffs unleashing chaos in the stock market.