Vancouver, British Columbia, October 10th / PRNewswire / -- Wall Street Investor News Commentary indicates that four listed retail investment platforms collectively have over 41 million funded accounts, two of which reported record-breaking quarters this summer. They all exhibit the same trend: more and more people are managing their finances through mobile phones, and the platforms competing for these users are also adding research, data, and AI tools beyond just trading buttons.
Active companies include: Robinhood Markets, Inc ( NASDAQ : HOOD ), Webull Corporation ( NASDAQ : BULL ), Futu Holdings Limited ( NASDAQ : FUTU ), eToro Group Ltd ( NASDAQ : ETOR ), as well as Morningstar, Inc ( NASDAQ : MORN ).
Not every investor needs a brokerage firm to track the market for them. An increasing number of free tools are available at the pre-trading stage, aimed at those who want to view prices, understand why stocks fluctuate, and create watchlists, but are unwilling to pay for a trading terminal. These tools now compete with brokerage firms in terms of the features they offer: real-time quotes, easy-to-understand explanations, and AI research.
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The following are applications and research services used by investors from five listed platforms in the same field, as well as the information disclosed in their latest quarters.
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Other industry developments and trends in the market this week include:
Robinhood Markets, Inc. (NASDAQ : HOOD)
Robinhood Reports record revenue in the second quarter of 2026, reaching $1.31 billion, a year-on-year increase of 32%. The number of funded customers grew by 7% to 28.4 million; the platform's total assets increased by 32% to $369 billion; Robinhood Gold The number of subscribed users increased by 39% to 4.8 million. Net deposits for that quarter were $21.7 billion, and the company has scheduled to announce its third-quarter results on October 27th.
Webull Corporation ( NASDAQ : BULL )
Webull reported revenue of $198.8 million in the second quarter of 2026, a year-on-year increase of 51%; net profit attributable to the company was $24.4 million, whereas there was a net loss during the same period last year. The number of registered users increased by 13% to 28.2 million; the number of users with funded accounts increased by 8% to 5.13 million; and customer assets grew by 79% to $28.5 billion.
Webull CEO Anthony Denier stated: "I am proud to report that Webull has set a record for the second quarter." He attributed this to the launch of an updated active trader feature after the cancellation of the Pattern Day Trader rule on June 4th.
Futu Holdings Limited ( NASDAQ : FUTU )
moomoo The parent company of the investment application, Futu, reported total revenue of $918.2 million in the second quarter of 2026, a year-on-year increase of 35.6%; net profit was $464.4 million, a year-on-year increase of 41.6%. The number of funded accounts increased by 33.6% to 3,842,667; the number of registered users reached 31.3 million; and customer assets grew by 43.6% to HK$1.40 trillion.
Chairman and CEO Ye Huali stated, "Malaysia has led the growth in new funded accounts for the third consecutive quarter."
eToro Group Ltd . ( NASDAQ : ETOR )
The eToro report, which combines transaction and social investment information flows, reported net contribution revenue of $229 million in the second quarter of 2026, a year-on-year increase of 9%; GAAP reported a net profit of $53 million, a year-on-year increase of 77%. The number of funded accounts increased by 18% to 4.28 million; managed assets grew by 10% to $19.2 billion.
Co-founder and CEO Yoni Assia stated: "As we continue to execute our long-term strategy, we have once again delivered a strong quarter."
Morningstar, Inc. (NASDAQ : MORN)
Investment research and data provider Morningstar reported revenue of $663.2 million in the second quarter of 2026, a year-on-year increase of 9.6%; operating profit was $160.6 million, a year-on-year increase of 28.4%. Its Morningstar Direct platform revenue grew by 6.2% to $222.1 million, and PitchBook revenue increased by 4.9% to $174.7 million.
CEO Kunal Kapoor stated: "We continue to achieve profitable growth, with both operating cash flow and free cash flow seeing significant improvements." Morningstar plans to announce the third-quarter results on October 28th.
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