Robinhood Description
Robinhood believes that the financial system should work for everyone. We believe that investing should be done at your own pace and on your terms. We believe everyone should have equal access and use of financial tools. No matter how much money you plan to invest, there will be no account minimums nor commissions for buying or selling stocks, ETFs or options on Robinhood. Robinhood Crypto allows you to buy and sell Bitcoin, Ethereum and Dogecoin 24/7. You can manage your cryptos with confidence. Your coins and personal data are safe. You can immediately use the funds to purchase cryptocurrencies in Robinhood Crypto accounts when you make a deposit or sell investments in your Robinhood Financial brokerage.
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Robinhood User Reviews
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Great place to start investing! Date: Jun 13 2021
Summary: But that was definitely the exception. Overall, I’m a huge fan of Robinhood, and would highly recommend it to anybody trying to get into investing.
Positive: Extremely easy place to start investing I to the stock market. Amazing user interface, and very beginner friendly. And it sends you any important tax information come tax season.
Negative: I mean, there was the issue whenever GME and AMC, and the other meme stocks were exploding, and they halted trading, which was questionable. But that was definitely the exception.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Support for making suitable investments Date: Apr 22 2021
Summary: Robinhood has helped me through its analytics to make the best investment decisions by providing me with detailed features and summaries of recent events in companies and their impact on the stock. Investing in stocks is often a game of chance because, in a matter of seconds, a store can go up or down, but Robinhood has meant more gain than loss for me, which has been beneficial.
Positive: I like the way Robinhood works, its interface and how easy it is to use. Robinhood shows me what I need in terms of potential companies to invest in and the events that have happened recently in these companies offering how they have affected the shares of these companies, all this without any additional charges.
Negative: The web-based interface design is not as user-friendly as the mobile app, which is a bit strange.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Great stock app Date: Jun 21 2022
Summary: Robinhood is a great app for the stock market if you are interested in just playing around and getting use to the market. Not so good if you are a serious investor.
Positive: Easy to use, simple to find stocks, and very fast response time from support. Accurate stock numbers and fun to use.
Negative: Not easy to understand all the options given on a stock option.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Responsive, but problems with transactions Date: Sep 20 2021
Summary: Robinhood is great if you want to do some fun personal investing, but you have to be careful that you don't get burned by their poor care for the off the street investors
Positive: Robinhood has billed itself as the outlaw investment software that takes the money out of trading and puts it into the common man's hands. And the no cost transactions help with that a lot.
Negative: Robinhood having to halt trading at various points due to meme stocks has been a huge problem for people who aren't classic investors.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
No thank you Date: Feb 28 2022
Summary: I will not be going back to this platform and every time something gets listed on this platform, the price drops drastically.
Positive: You can trade crypto and some other stocks. It doesn't focus on just one or the other for your trades.
Negative: Froze, crashed, spent 6 months trying to get an account verified and finally had to escalate it to get in. Not at all a fan of this platform.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Limit trades doesn’t always mean limit to them! Date: Apr 08 2021
Summary: Terrible I would never recommend them and I’m closing my account! No one to talk to and no response!
Positive: Don’t like anything.
Negative: I have made way too many limit orders and they purchased it for me wayyyy above that so I am at a loss when I should be very much in the green and there’s no one to talk to there!
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