Guys,
Is it a coincidence that this is called Robinhood?
COBINHOOD is already doing all that you described above. Their COB token also gives some pretty nice bonuses, like period airdrop of new tokens.
Trading with zero-fee
https://bitcointalk.org/index.php?topic=2169745.0https://cobinhood.com/For whose money will the exchange exist? Who will pay for the equipment, ervers. It also requires high costs for sacurity and personnel. Most likely it's just a marketing move to attract new customers. But after a while a fee will be introduced and the exchange will turn into the usual one.
To address your concerns: COBINHOOD makes money from ICO's which it underwrites, and from margin trading (which has a little fee on it)
Cobinhood is actually a copy-cat of Robinhood not the other way around. Robinhood is huge in the US and has been around for a long time. It is federally insured and SEC compliant in the US meaning they can't just walk away with your money.
Cobinhood is shit in comparison to Robinhood, no offense. This isn't an ICO or any other type of money grab exchange, Robinhood is actually the real deal. It is valued at over 1.3 billion dollars in the United States right now as a company and has been around for 5 years.