The investing app has 21 million customers and $100 billion in assets — but it lacks some key accounts for building wealth. Read our Robinhood review to learn more.
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Oct 06, 2021 · Robinhood provides free stock, options, ETF and cryptocurrency trades, and its account minimum is $0, too. Mutual funds and bonds aren't offered, and the only available account type is a taxable ...
Is Robinhood a Scam: Judgment We see no absolutely reason to believe that Robinhood is a scam. This broker is a legitimate company, although as with any other brokerage firm, there are always risks, including the risk of loss of principal due to fluctuations in the stock market. Robinhood Review
Jul 10, 2021 · The Problems with Robinhood. As mentioned earlier, Robinhood is not a scam. The problem is that it paints the world of investing by targeting novices and amateurs who are not familiar with stock trading. Moreover, it doesn’t allow users to trade with mutual funds or ETFs which are generally safer than individual stocks and cryptocurrency.
Horrible and corrupt company that is fined by SEC many times. You lose money with every trade with Robinhood because of PFOF. They restricted many stock from buying and only allow closing to please their pay-for-order-flow masters who are shortselling GameStop, AMC, and other stocks facing a huge short squeeze.
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Dec 20, 2020 · Is Robinhood Stock Trading a scam, or can I really make money with this app? Suppose I guessed correctly, then congratulations because you came to the right spot. This article is dedicated to revealing the truths behind this popular trading app to know if you can trust it or go another route.