Audience
Robinhood is ideal for beginner to intermediate investors seeking a low-cost, all-in-one platform to trade stocks, options, and cryptocurrencies with educational support and strong security features
About Robinhood
Robinhood is an all-in-one trading platform where users can manage stocks, ETFs, options, and cryptocurrencies with low fees. It offers intuitive trading tools to help investors build strategies and track market trends seamlessly. The platform supports 24/7 crypto trading with a variety of popular coins like BTC, ETH, and DOGE. Robinhood Gold members enjoy zero management fees on portfolios over $100K and receive expert-managed portfolio services. The platform emphasizes security with multi-factor authentication and 24/7 customer support. Robinhood also provides educational resources to help users become better investors on the go.
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Robinhood Verified User Reviews
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Probability You Would Recommend?1 2 3 4 5 6 7 8 9 10
"Great stock app" Posted 2022-06-21
Pros: Easy to use, simple to find stocks, and very fast response time from support. Accurate stock numbers and fun to use.
Cons: Not easy to understand all the options given on a stock option.
Overall: 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.
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Probability You Would Recommend?1 2 3 4 5 6 7 8 9 10
"No thank you" Posted 2022-02-28
Pros: You can trade crypto and some other stocks. It doesn't focus on just one or the other for your trades.
Cons: 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.
Overall: I will not be going back to this platform and every time something gets listed on this platform, the price drops drastically.
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Probability You Would Recommend?1 2 3 4 5 6 7 8 9 10
"Responsive, but problems with transactions" Posted 2021-09-20
Pros: 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.
Cons: Robinhood having to halt trading at various points due to meme stocks has been a huge problem for people who aren't classic investors.
Overall: 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
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Probability You Would Recommend?1 2 3 4 5 6 7 8 9 10
"Great place to start investing!" Posted 2021-06-13
Pros: 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.
Cons: 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.
Overall: 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.
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Probability You Would Recommend?1 2 3 4 5 6 7 8 9 10
"Support for making suitable investments " Posted 2021-04-22
Pros: 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.
Cons: The web-based interface design is not as user-friendly as the mobile app, which is a bit strange.
Overall: 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.
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Probability You Would Recommend?1 2 3 4 5 6 7 8 9 10
"Limit trades doesn’t always mean limit to them!" Posted 2021-04-08
Pros: Don’t like anything.
Cons: 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!
Overall: Terrible I would never recommend them and I’m closing my account! No one to talk to and no response!
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