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6 days ago · The complaint also states that many Robinhood users were given access to advanced — and risky — options trading products, even when they identified as having no or limited investment...
- Robinhood
If you encounter any suspected phishing scams in email, text messages, phone calls, websites, or social media, or while interacting with Robinhood Wallet, report them to reportphishing@robinhood.com. Only use this email address to report suspected phishing scams .
- Most Notable Features
- Robinhood Pros
- Robinhood Cons
Stock lendingFractional sharesInstant depositsZero-commissionsMobile-friendly broker makes investing easySimplified (some say game-like) approach to investingZero-commission pricing structure makes investing ‘cheap.’Cryptocurrency access with a crypto walletLacks a dedicated trading platformSome may be uncomfortable with the Payment for Order Flow business planSome popular investment vehicles are not availablePeople also ask
Is Robinhood a scam?
Does Robinhood support over-the-counter stocks?
Can I trade penny stocks on Robinhood?
Does Robinhood support stocks?
Apr 12, 2024 · Complaints against Robinhood submitted to the Better Business Bureau have spanned various issues from the inability to withdraw funds from an account to inaccurate share counts. The company is...
Jun 30, 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 failures that the agency said hurt...
Robinhood’s Disadvantages. Poor trading platform. The stock quotes on Robinhood’s app and website seem to be delayed. The spreads between buy and sell orders for cryptocurrency often are larger than on other platforms. Robinhood’s payment for order flow practices can prevent you from getting the best prices on trades.
Apr 18, 2024 · Can you trade penny stocks with Robinhood? No. You cannot trade penny stocks on Robinhood. Over-the-counter (OTC) securities are not supported. However, Robinhood customers can trade company shares listed on the NASDAQ and NYSE whose stock price is currently below $1.00. Can you trade international stocks with Robinhood? Yes.
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Get ahead in options trading by sidestepping common blunders. Learn from the pros and master the world of options trading.
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