Robinhood

๐Ÿ‘ 93%

Share your experiences with Robinhood

Tell us what you like and dislike about Robinhood. Help others make more informed decisions based on your insights.
R

Rachel S ๐Ÿ‘

Pros

Easily able to transfer money from my banking account and immediately buy the stock I want to buy.

Cons

I feel like they are encouraging people to buy the "glittery" stocks: Facebook, Fitbit, Snapchat, Amazon, etc.
J

Joshua A ๐Ÿ‘

Pros

It's simple and clean. It's not complicated and it explains things well.

Cons

It could have a better-looking interface, but overall it's great.
V

Vince C ๐Ÿ‘

Pros

Extremely simple to use and offers zero broker fees. The UI/UX is on par with the latest great apps that really know how to make a great user experience. I am happy that I signed up. When I did sign up, I got a stock (SNAP) and also more stocks for referring friends.

Cons

Would be nice to have a full desktop app for looking at an entire portfolio of stocks.
R

Rey G ๐Ÿ‘

Pros

Very easy to use. No constant spamming.

Cons

The fact that they use the exact same strategy to make money that they try to differentiate from.
M

Matthew S ๐Ÿ‘

Pros

Free trades is the primary benefit. Also, leverage and a lack of having to wait for settlement are both positive.

Cons

Execution sometimes is subpar. I have had situations where the platform fails to execute my trades.
C

Caroline C ๐Ÿ‘

Pros

Free stock when joining with a friend referral and when you invite friends to join. No fees, and can put money in as I want.

Cons

Wish they took credit cards too to fund your account, but I understand why they do bank only.
J

Jonny N ๐Ÿ‘

Pros

Beautiful in every way, super easy to use, can trade on my phone really easily.

Cons

Accessibility to more markets and more cryptocurrency exchanges.
E

Evan T ๐Ÿ‘

Pros

I like the free trades and the clean, efficient UI. The app is laid out well and presents important information in an easy-to-understand format.

Cons

A better desktop website would be helpful, so I can access the service on my computer as well as on my mobile devices.
K

Kahzah M ๐Ÿ‘

Pros

This app is probably the easiest one to use out there. Me being someone who was new to everything about stocks, I really appreciate how easy this app made it for me to purchase and sell stocks of my choice. It also provides expert advice and articles to help you decide if a stock is worth buying, selling, or holding.

Cons

There are a lot of different stocks that aren't available so there is a chance of being dissatisfied when you don't see them listed as an option to buy.
M

Michael D ๐Ÿ‘

Pros

I love being able to track a bunch of stocks. The quick view lets you get an overall look at the stocks you have and those you are interested in. Did I mention no fees for trades!

Cons

You really have to look at the scale on each stock. If the price has changed a lot, but not a large amount, it can appear more volatile than it is.

Important Info:

Trading fees
0%
Minimum Deposit
$0
International Investing
No

Robinhood

๐Ÿ‡บ๐Ÿ‡ธ
Robinhood is a US-based investment app that allows its users to buy and sell stocks, options, and cryptocurrencies without taking a commission. (If you wish to leave a review regarding cryptocurrencies please use the Robinhood Crypto link)

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