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Great tool for managing traditional and crypto purchases
November 17, 2023

Great tool for managing traditional and crypto purchases

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with robinhood

I use robinhood to manage personal investments outside of my main retirement/401K.
  • Easy for a novice to use
  • Ability to purchase partial shares
  • High yield savings for uninvested funds
  • Gold Membership perks
  • Buy and sell any time
  • Real-time graphs
  • Morningstar reviews and articles
  • Price change alerts
  • High yield savings for uninvested funds
  • Positive investments results
  • Efficient and off hours trading
  • Purchasing partial shares makes investing easy

Do you think robinhood delivers good value for the price?

Yes

Are you happy with robinhood's feature set?

Yes

Did robinhood live up to sales and marketing promises?

Yes

Did implementation of robinhood go as expected?

Yes

Would you buy robinhood again?

Yes

robinhood has been great for me as a first time investor using "play money" outside of my main 401K and retirement. It has options for purchasing partial shares, which means you don't have to purchase a full, even share in order to invest. I love to option to buy and sell crypto so easily. Crypto prices move quickly. I can set alerts when I want to get in and for when I want to get out. The availability of index funds also balance it well. I like reading the articles and morningstar ratings that provide direction on market sentiment, fair value and quick earnings results.