Robinhood

๐Ÿ‘ 94%

Share your experiences with Robinhood

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

Neal C ๐Ÿ‘

Pros

It's free. Easy to use. Well laid out. You can refer others and get a free stock.

Cons

Doesn't do all the things that a big trading company like Fidelity can do. E.g. not enough analysis, limited trades.
K

Kyle V ๐Ÿ‘

Pros

Well, obviously the free trades. But I also like the idea that it's trying to shake up the brokerage industry and offer a good service to customers.

Cons

I think they could have better research tools built into the system for investors. Their options execution also leaves a lot to be desired.
U

Umar H ๐Ÿ‘

Pros

Their UI is nice: everything seems intuitive and I can understand what to do.

Cons

I wish I could understand some more stock analysis stuff for free.
T

Tristan F ๐Ÿ‘

Pros

The free trading offering, product offerings on the platform.

Cons

For a long term โ€œinvestmentโ€ app, I'm not sure about crypto trading and trading on margin.
I

Ian M ๐Ÿ‘

Pros

The fact that they do not charge any commissions on trades makes it easy to throw your hat into some lower price point options and not feel like you have to make back even more just to cover the cost of the trade.

Cons

The Apple watch integration could use some work. They recently deprecated their API meaning places like StockTwits can no longer integrate directly.
P

Patrick S ๐Ÿ‘

Pros

The interface is appealing and easy to function. I feel that they have a lot of potential to grow.

Cons

A lot of the securities I am currently interested in arenโ€™t available on this provider.
A

Ashley B ๐Ÿ‘

Pros

The website functioned very nicely. Things were explained simply.

Cons

I did not like how I needed a better base of knowledge for starting.
M

M J ๐Ÿ‘

Pros

Free trades. Simple, easy to understand interface. Free stock program is amusing.

Cons

"Snacks" email news is often juvenile and jargon-ridden. I ignore most non-account communications.
S

Sarah S ๐Ÿ‘

Pros

The app is good. I like that they are lowering the barriers of entry to trading stocks.

Cons

I wouldnโ€™t recommend someone who doesnโ€™t know what theyโ€™re doing put a lot of money into it. You have to do a lot of research and not many beginners really know much about predicting market movements.
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.

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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