robinhood

Score10 out of 10

8 Reviews and Ratings

What is robinhood?

Robinhood provides trading in stocks, ETFs and options is offered through Robinhood Financial LLC, member SIPC (sipc.org). Cryptocurrency trading is offered through Robinhood Crypto, LLC. Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services and is not a member of FINRA or SIPC. Cryptocurrencies are not stocks and your cryptocurrency investments are not products protected by either FDIC or SIPC.

Categories & Use Cases

Verified User

Director in Product Management (51-200 employees employees)

Use Cases and Deployment Scope

I use robinhood to manage personal investments outside of my main retirement/401K.

Pros

Easy for a novice to use
Ability to purchase partial shares
High yield savings for uninvested funds
Gold Membership perks

Most Important Features

Buy and sell any time
Real-time graphs
Morningstar reviews and articles
Price change alerts
High yield savings for uninvested funds

Return on Investment

Positive investments results
Efficient and off hours trading
Purchasing partial shares makes investing easy

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