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1. 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 ...

2. www.nerdwallet.com › investing › brokersRobinhood Review 2024: Pros, Cons and How It Compares

   www.nerdwallet.com › investing › brokers

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   4 days ago · Robinhood provides free stock, options, ETF and cryptocurrency trades, and its account minimum is $0. Mutual funds and bonds aren't offered, but IRAs with a 1% match are.

   • 4.3/5

   • Brand: Robinhood

3. www.cnbc.com › 2021/06/30 › robinhood-to-pay-70Robinhood to pay $70 million after causing users 'significant ...

   www.cnbc.com › 2021/06/30 › robinhood-to-pay-70

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   Jun 30, 2021 · Popular investing platform Robinhood has agreed to pay nearly $70 million to the financial industry regulatory authority (FINRA) to settle allegations that the brokerage caused customers ...

   • Author: Alicia Adamczyk

   • Video Duration: 9 min

4. Videos

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     Robinhood Investing for Beginners - Full Tutorial - What you Need to Know!

     May 14, 2021

     576.1K Views

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     8:18

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

     Feb 1, 2023

     10.4K Views

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     26:05

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     Robinhood Investing For Beginners In 2024 | FULL Tutorial

     Feb 4, 2024

     40.7K Views

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5. www.nytimes.com › 2021/06/30 › technologyRobinhood is fined $70 million over misleading customers and ...

   www.nytimes.com › 2021/06/30 › technology

   Jun 30, 2021 · Published June 30, 2021 Updated July 21, 2021. Robinhood Financial, the online stock-trading app, was fined $70 million by the securities industry’s self-regulator on Wednesday for a series of ...

6. 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

7. People also ask

   Is Robinhood (Hood) a safe investment?

   • Robinhood ( HOOD) is a popular financial services company with 10.3 million monthly active users (MAU) as of November 2023. It’s considered a safe option for investors’ securities and cash for various reasons: Robinhood is a member of the Securities Investor Protection Corp. (SIPC).

   Is Robinhood Safe for Investors?

   www.investopedia.com/investing/is-robinhood-safe/

   See all results for this question

   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/

   See all results for this question

   Should Robinhood pay $70 million?

   • But users should be careful Robinhood must pay $70 million for misleading customers, approving risky trades and not preventing system outages that cost customers millions of dollars.

   Robinhood to pay $70 million after causing users 'significant harm' - CN…

   www.cnbc.com/2021/06/30/robinhood-to-pay-70-million-dollars-after-causing-users-significant-harm.html

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   How much financial protection does Robinhood offer?

   • Finally, Robinhood offers added financial protection per customer account of up to $1.9 million for cash and $50 million for securities. Keep reading to learn more about Robinhood, its safeguards for investors’ securities and cash, and the challenges it has faced in the past.

   Is Robinhood Safe for Investors?

   www.investopedia.com/investing/is-robinhood-safe/

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8. www.investopedia.com › investing › is-robinhood-safeIs Robinhood Safe for Investors?

   www.investopedia.com › investing › is-robinhood-safe

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   Feb 2, 2024 · Robinhood is a member of the Securities Investor Protection Corp. (SIPC). This means that any loss of an investor’s securities (e.g., stocks and bonds) and cash held by Robinhood is protected up ...

9. 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 ...