Robinhood

๐Ÿ‘ 87%

Share your experiences with Robinhood

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

Jordan J ๐Ÿ‘

Pros

The ability to get set up very quickly, how easy it was to learn how to use the app, the ability to see data and search the entire exchange.

Cons

Sometimes moving money in and out can be a headache, and understanding limits on the number of trades is also confusing.
J

Jerrell W ๐Ÿ‘

Pros

Zero commissions on most trades, easy to use, has options trading, referral bonuses, and is continually improving and providing new features.

Cons

Charting & Research tools could use some improvement and additional functionality. (That said, they have improved this over the past year and I'm sure will continue to.)
J

Jordanna L ๐Ÿ‘

Pros

The app is easy to use and it is easy to transfer money back and forth from your bank.

Cons

I wish they provided better updates about stock performance and that they provided more information about the stocks/companies.
M

Mel T ๐Ÿ‘Ž

Pros

Simple platform to navigate with push notifications, and free trading.

Cons

Doesn't have a lot of analysis - it is more for someone who already knows what to buy/sell and this is just a platform to do it for free.
J

Jack C ๐Ÿ‘

Pros

Easy, no fees to trade, great insights. It's quick to use and I can make my own trades very quickly.

Cons

General information on industry insights would be a bit more impactful. Could be helpful to be a bit more like SeekingAlpha with contributors and the like.
J

Jamie M ๐Ÿ‘

Pros

It takes a set amount from my bank account every week so that I can save and invest money without having to think about it.

Cons

I wish the "round-ups," which are the change to the dollar for a transaction that gets put into the account, would come out at the time of purchase and not wait until it reaches $5.00.
C

Colton M ๐Ÿ‘

Pros

Easy, no commissions, pretty reliable. It also has an attractive and user friendly UI.

Cons

Speed, availability. It often has issues with option orderbooks when the market first opens.
J

Jason K ๐Ÿ‘Ž

Pros

Free stock upon beginning the use of the app and fairly easy for one to buy a stock as well when I started using the app. Presentation on the app was also fairly well done.

Cons

I lost one of my stocks through consolidation one day and it didnโ€™t indicate the reason why this happened and only found out that this happens in the stock market occasionally.
C

Cameron S ๐Ÿ‘

Pros

Easy to use get a free stock. No fees. Just overall great and easy to use.

Cons

They should improve the layout and make it easier to access menus. And it should be easier access to your stocks.
B

Brandy S ๐Ÿ‘

Pros

Easy to navigate. Extremely easy to use. You can easily switch funds from one stock to another.

Cons

Withdrawal times are way too long, and you have to pay to get earlier opening times.

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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