4 ms·

I don't understand the attraction of Robinhood over the likes of TD or Etrade. TD minimum balance is $50 (the minimum transfer) and Etrade $500. Both are well

by beezle 7y ago

I don't understand the attraction of Robinhood over the likes of TD or Etrade. TD minimum balance is $50 (the minimum transfer) and Etrade $500. Both are well vetted brokers with additional features and services. If you are investing, how sexy the app is (if you only use a phone) shouldn't matter. If you are day trading from a phone app (except in emergency), you are, IMHO, delusional.

usaar333 7y ago
Most people who believe they can profit day trading are delusional to begin with. If you are just doing it to gamble (for fun), a sexy app that lets you gamble easier on the fly better can well be worth it.