Fantastic!
I’ve been using this app for 3 months now. I think it is fantastic! The bank transfer couldn’t have been easier. It takes 3 days for your deposit to post so that you can make trades with it. My market buy and sell orders happen instantaneously and my limit orders happen when they should. The trades are free. You do have to wait 3 days after selling stock to use that money to buy more stock. I love the push notifications when stock I am following has a gain or loss of 5% in a single day. The quick alert allows me to take action. I have not experienced any bugs with the software, and I use this app every day. My brother turned me on to this app, and he is happy, too! You can see your trade history, order statuses, and when dividends post to your account. I also have Charles Schwab and Prudential brokerage accounts. I like those accounts, too, but trades cost around $9 apiece. Because trades on Robinhood are free, it allows me to buy a smaller amount of stocks and to trade more frequently. You don’t need a minimum balance I don’t believe. I started with $200 to start out with and have made a couple more deposits since then. I have made some nice money since I started. What’s not to love?
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Robinhood: Investing for All