Great I've been using this app for about 9 months. That data research side is lacking, but the free trading is great. It allows me to make small trades, as low as a single share. I have cashed out, and the money arrived within 5 days. You will need other sources for due diligence, but once you know what you want, it is great for occasional stock traders.
Easy to use, but some bugs, and lacking options. I have transferred funds to Robinhood and back to my bank. Honest company. Overall happy enough to keep using & recommend. Easiest way to get into trading. But a strong word of warning: you cannot day trade using RH, once you buy you are locked for the day. I lost massive amounts in losing positions I was unable to sell. Use for dollar cost averaging only and educate self before trading. I recommend Benjamin Graham 's The Intelligent Investor. Good luck!
Great for aggressive investing I use this as my backup account where I put money I don't care to lose. It's fantastic for that because you don't worry about a commission for every trade. However, Robinhood just doesn't seem like the place for me to drop the majority of my portfolio, I recommend using a bigger more trusted company for that. Great app and concept overall.
Robinhood is a great app for a few reasons. It is very easy to use, and understand, and visually quite nice. The fact that all trades are commission free is the best thing. But I also like the linked new articles and price alerts. The app lacks some more advanced data and analyzing, but mostly I've just used other things to get the info I need, and robinhood to make the trades. Overall, great app,
Great way to start This app really helped me get practice in investing/trading without losing money on commission. I wish there was a way to upgrade to a Gold level with just extended hours! Edit: new updates are making the app more buggy. Graphs show incorrect time frame
Great app, needs a few features Easy to use app, great UI , free trades ! Bank transfer takes 5- 6 days. Need to add feature to track % profit/loss on total investments over different time periods.
Here's what's under-the-hood in our latest update:
- Bug fixes and ui improvements