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1. www.nerdwallet.com › reviews › investingRobinhood Review 2024: Pros, Cons and How It Compares

   www.nerdwallet.com › reviews › investing

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   Robinhood's taxable brokerage accounts allow margin trading, although its IRAs do not.Free accounts charge margin rates of 6.5% plus the upper bound of the federal funds rate target range, while ...

   • 4.3/5

   • Brand: Robinhood

2. robinhood.com › how-to-identify-and-report-scamsHow to identify and report scams | Robinhood

   robinhood.com › how-to-identify-and-report-scams

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   Investment scams: These are those “low investments and huge returns” scenarios, where people are tricked into investing money with promises of high returns, without financial risk. Lottery and sweepstakes scams : Scammers will often inform you that you’ve won a prize through a lottery or sweepstakes, and require you to pay an upfront fee ...

3. People also ask

   Is Robinhood a scam?

   • Employment scams are also on the rise, where scammers direct you to Robinhood to facilitate business transactions. Scammers posing as recruiters will direct individuals to establish accounts at Robinhood and receive funds from typically stolen bank accounts or other illicit activity.

   How to identify and report scams | Robinhood

   robinhood.com/us/en/support/articles/how-to-identify-and-report-scams/

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   Should you invest with Robinhood?

   • Users might appreciate these features: You can send cryptocurrency to friends as a gift. New users get one free share of a stock chosen by Robinhood when they open an account. You can receive free stock when you refer friends. Tech-savvy investors who are short on cash are likely to consider investing via Robinhood.

   Robinhood Review 2024: Should You Invest Here? | U.S. News

   money.usnews.com/investing/best-brokers/robinhood

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   Is Robinhood a risky investment company?

   • When margin accounts are involved (Robinhood’s default account type), such high volatility can be dangerous even for enormous investment firms. Regulators stepped in and required companies like Robinhood to set aside hundreds of millions of dollars with the National Securities Clearing Corporation.

   Robinhood Review: Pros, Cons & Who Should Use It - Clark.com

   clark.com/personal-finance-credit/investing-retirement/robinhood-review/

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   Is Robinhood a good broker?

   • That feature is a first among non-employer-sponsored retirement accounts. Costs: Robinhood is a true discount broker — although its offerings may not be as robust as some other brokerages, Robinhood has some of the lowest costs in the industry. This includes options trades, which don't carry a contract fee.

   Robinhood Review 2024: Pros, Cons and How It Compares

   www.nerdwallet.com/reviews/investing/brokers/robinhood

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4. www.forbes.com › advisor › investingRobinhood Review 2024 – Forbes Advisor

   www.forbes.com › advisor › investing

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   Apr 12, 2024 · Within a year of coming online in 2013, Robinhood had about half a million users—measured by funded accounts, and the company had roughly one million in 2016. User ranks jumped to six million by ...

   • 3/5

5. money.usnews.com › investing › best-brokersRobinhood Review 2024: Should You Invest Here? | U.S. News

   money.usnews.com › investing › best-brokers

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   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.

6. Videos

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     Robinhood Investing For Beginners In 2024 | FULL Tutorial

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     Robinhood Investing App Review 2023: The Pros, Cons, and Everything You Need to Know

     Feb 14, 2023

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     Robinhood is a SCAM! | How Robinhood Stole $20,000 From Me | Stop Using Robinhood to Trade Stocks

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7. www.brokerage-review.com › article › legitimateIs Robinhood Legit, Safe, or a Scam? (2024) - Brokerage Reviews

   www.brokerage-review.com › article › legitimate

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   • Most Notable Features
   • Robinhood Pros
   • Robinhood Cons

   Stock lending

   Fractional shares

   Instant deposits

   Zero-commissions

   See full list on brokerage-review.com

   Mobile-friendly broker makes investing easy

   Simplified (some say game-like) approach to investing

   Zero-commission pricing structure makes investing ‘cheap.’

   Cryptocurrency access with a crypto wallet

   See full list on brokerage-review.com

   Lacks a dedicated trading platform

   Some may be uncomfortable with the Payment for Order Flow business plan

   Some popular investment vehicles are not available

   See full list on brokerage-review.com

   • 4/5

8. clark.com › investing-retirement › robinhood-reviewRobinhood Review: Pros, Cons & Who Should Use It - Clark.com

   clark.com › investing-retirement › robinhood-review

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   Watch on. Robinhood has democratized investing, making it accessible and affordable for people of any age and income. It offers commission-free trading and has pushed many discount brokers to offer free trading as well. With more than 23 million users with an average age of 31, Robinhood is a marketing phenomenon.

9. www.bankrate.com › brokerage-reviews › robinhoodRobinhood Review 2024 | Bankrate

   www.bankrate.com › brokerage-reviews › robinhood

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   Jan 2, 2024 · Robinhood is great for fractional shares, whether you want to buy or reinvest your dividends. You’ll be able to place a trade with as little as $1, and you can buy as little as one-millionth of ...