3 ms·
What's the appeal of Robinhood over, say, Fidelity? Is it for people who are making so many trades that the $7 or whatever commission is a big deal?
by mhb 7y ago
What's the appeal of Robinhood over, say, Fidelity? Is it for people who are making so many trades that the $7 or whatever commission is a big deal?
- decebalus1 7y agoNot cool enough. In all seriousness, from the features/UI/etc.. Robihood seems to be aimed more at speculative trades as opposed to 'playing the long game'.
- derision 7y agoIt's not even about large volumes. If I want to buy 1 share of a $15 stock and I have to pay a $7 commission, it's not worth it
- erichurkman 7y agoThe RH app is nicer for simple trades. From open, authentication, to trade can be just a few seconds. Fidelity app feels very heavy opening just to get to a trade prompt.