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Learn how to spot and avoid impersonation, phishing, social media, and crypto scams that target Robinhood users. Find out how to contact Robinhood Support if you suspect unauthorized activity on your account.
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...
Jan 18, 2024 · Robinhood is a discount broker that offers free stock, options, ETF and cryptocurrency trades, and a 1% match on IRAs. However, it has limited customer support, no mutual funds or bonds, and a history of regulatory issues.
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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 availableFeb 2, 2024 · Learn why Robinhood is considered safe and regulated for investors' securities and cash. Find out how it offers additional SIPC coverage, SEC and FINRA membership, and premium features for a fee.
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Jun 30, 2021 · FINRA found that Robinhood provided false or misleading information, approved risky options trades and failed to prevent system outages that cost customers millions of dollars. The settlement is the largest ever ordered by FINRA, a non-government entity that oversees brokers in the U.S.
Feb 15, 2024 · Forbes Advisor evaluates Robinhood as a popular but risky online broker that offers commission-free trading of stocks, ETFs, options and cryptocurrency. Learn about its pros and cons, fees, platform, research and security.