Great alternative to standard
FREE! FREE! FREE! Need I say more? This is a great alternative for those that would like to dabble in the market and do not want to invest thousands just yet. The risk involved is reduced simply by removing the trade fees, which can really eat into your profit margins, especially if youre only buying a couple of stocks at a time. I do use CapitalOne Investing as my primary source, but I use Robinhood once Ive covered my Roth quota. The waiting period is a bit of a lag, but again, if you are only investing a small amount, its well worth the wait to avoid hefty trade fees.
Pros: free, easy to use, great tool for low income investors
Cons: wait time for funds after you sell, no Roth option, yet.
Even with the Cons, I still give this app a solid 5 stars. Its just that great!
Sneakerhead1879 about
Robinhood: Investing for All, v5.6.0