If you wish to trade, this is not for you. I attempted to purchase a stock after hours last night, and received the message that the purchase would execute at 0830. At 0900 the stock was up 20%, but within my buying power. By noon the stock was up 60%, and outside my buying power for the number of shares I requested. I just received an email of cancellation on the purchase at 1600. No reason was given. Since this is the third time I've had this issue, I'm done with them.
No commission trading. In some areas reflect in quality of app but the fact that its a "free" service more than makes up for it. Would highly recommend. EDIT: After using this app for several months I began noticing money missing from my account. I added money lost on trades and some stock depreciation together and I am just missing somewhere in the realm of 50$!!! I have attempted to contact customer support twice and no response! As soon as I can sell the stock I have held with Robinhood I will withdraw all money from my account and switch to a reputable broker.
The app never worked for me, customer support was responsive, but nothing seemed to work and they were unable to resolve the issue. It's a shame, I was looking forward to trying the service. Update: After a recent update, I tried again. It's working well for me now. Its a well designed app that caters to a budget investor. It's excellent for what it is.
Amazing app, i would recommend it to anyone interested in stocks. To all the people complaining about not recieving their free referal stock, i had the same issue so we sent an email to them and received our stocks within hours. A Groupon stock but it is a stock (we both got one. Value $4.50ish at this time). You can make money with this app but it takes money put into it, luck, skill and time to profit. You cant put in $100 and expect to make thousands instantly. You're lucky to double it in a year. You could also lose some too. 2 Thumbs up to whoever came up with this app
The entire trading department takes lunch at the same time, in the middle of the trading day, which is unimaginable irresponsible business strategy and time management. In addition, their app glitches where when you want to buy a certain stock, it accidentally buys a different stock in your watchlist. VERY dangerous glitch. It's a shame, because free trading is amazing and i want to continue using this service. Please fix immediately (the availability of your brokers and the app). Thank you.
Works very well. I do not have any experience with stock trading or trading APPS. But so far, it has been very easy to use. I like all the news updates and notifications that show up with stock and market information. I believe it is a great place to start. I am happy with it!