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Mar 24, 2023 · Conclusion: Robinhood is Not a Scam. Robinhood is a quality company that lets you get into the stock market no matter what amount you have to invest. It is NOT a Robinhood fraud. Give it a try and you can learn a ton about investing and make some money along the way!
Apr 11, 2024 · Lawsuits against Robinhood following these meme stock trading restrictions have largely been dismissed. However, the potential of sudden trading restrictions may not appeal to investors and potential users of Robinhood. Lastly, while Robinhood uses several data security measures, it still faced a data breach in November 2021.
Robinhood makes it very easy to do, and hides some of the complexity of trading in a very simple UI. If you want to do this seriously, RH is not your guy; it’s trades are not high priority, the quotes are delayed, and I suspect there may be a bot in the background that buys just before you do for a cent profit.
Jan 2, 2024 · E*TRADE and Robinhood both offer free trading of stocks and ETFs. But with robust platforms and a larger investment selection, E*TRADE may appeal to more investors. ... Stock trading costs. $0 ...
Nov 9, 2021 · Robinhood went public in July 2021, trading on the Nasdaq under the ticker symbol HOOD. While the company's revenue hit $565 million in the second quarter of 2021— thanks in part to a surge in crypto trading — its most recent earnings report from the quarter that ended in December 2022 showed just $380 million in revenue.
May 3, 2024 · Zero commission fees. Robinhood is best known for pioneering the idea of zero-commission stock trading. While most other top brokers have followed suit, Robinhood still has a favorable fee ...
Specifically with Robinhood? Wondering what you ladies think. I don't use Robinhood any more except for a few hundred dollars in Bitcoin. They're offering interest (1.5% APR I think) on your lent-out stocks. In exchange, you risk Robinhood itself defaulting, suffer tax disadvantages with respect to dividends, and forfeit voting rights.
