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I've been interested in Robinhood for some time. Does anybody here have experience with the app (good or bad) they can share?

• saget 9y ago
  I've used it for both about 6 months and it's wonderful. Very easy and nice to use. Only complaint is there is no features to explore stocks and financial news but there are other apps for that
• jtraffic 9y ago
  I've been using it for a while. I think it's best for longer term positions (2+ years at least). I realize it's ironic, because in theory, I could trade all the time with Robinhood, but I find that I don't do that. (Though that may be because I've learned over time that trading often is difficult, a recipe for me to lose money, and draining.) It's really just good, from the customer perspective. It's the brokerage that needed to exist. My uncle, who lives off of trading, gave me his transaction list and I saw that like 12% of his profits were eaten up by trading fees. Ouch. I think more sophisticated individual investors don't jump on because you can't trade options. For me, that's a good thing, I'm not tempted to speculate.
• devopsproject 9y ago
  good experience. The app is extremely smooth and attractive and it makes it easy to buy and sell.