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May 6, 2024 · Pros & Cons. Commission-free stock, options and ETF trades. Streamlined interface. Cryptocurrency trading. IRA with 1% match.
Robinhood reviews tend to be extremely positive or negative. We'll provide a balanced view of the pros and cons and explain who should and shouldn't use it.
Apr 12, 2024 · Robinhood offers trading for more than 5,000 stocks and ETFs. Plus users can receive one free stock for referring a friend. Read our expert review for more pros, cons, and services.
Feb 1, 2024 · Benefits: Easy to use, best-in-class fee structure. Drawbacks: No mutual funds, no tax loss harvesting. Promotion: 1% brokerage account transfer bonus (no cap); 1 free stock sign-up bonus (valued between $5 and $200). Best for: Beginner investors who don’t have access to an employer-sponsored account. Rating: App Design: 4.5 out of 5.
Jun 13, 2024 · Pros: Cons: No minimum investment requirement; Commission-free trading of stocks, ETFs, options, and cryptocurrencies; IPOs available; Earn 0.01% APY on uninvested cash (Gold members earn 5%...
Jun 12, 2024 · Robinhood provides a bare-bones trading experience, making it a poor choice for investors seeking the best trading platform. Also, Robinhood's stock research tools are lacking when compared to $0 commission brokers such as E*TRADE, Charles Schwab, and Fidelity.
Jun 25, 2024 · Pros. No account minimum, no monthly fee. Very easy to use. Allows cryptocurrency and fractional share trading. Instant access to deposited cash. Cons. App design may encourage active trading,...