4 ms·
It's not rocket science, and it is obviously a loan. How is margin shady? This claim that it is somehow predatory or that consumers need to be protected is nons
by nodesocket 10y ago
It's not rocket science, and it is obviously a loan. How is margin shady? This claim that it is somehow predatory or that consumers need to be protected is nonsense. This assumes that people can't do research and due diligence. If you aren't informed to make financial decisions than you probably shouldn't be trading. If you choose to proceed, do so at your own risk.
All brokerages offer margin and typically this is how they make their money, not commissions.
- whitepoplar 10y agoMargin isn't shady in the form that it takes at every other brokerage. Robinhood's Gold is shady because they make every attempt to market it as a higher membership tier, to young unsophisticated investors. It may not be illegal, but it certainly seems like a dark pattern.
- bobbington 10y agoI think it's more straightforward than margin because u actually see what the margin costs you.
- cwilkes 10y ago> If you aren't informed to make financial decisions than you probably shouldn't be trading From what I've read in this thread that seems to be Robinhood's target market.
- mcguire 10y agoThe 1920s want their arguments back.
- deleted 10y ago[deleted]