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I don’t really get the advantage of RH or Revolut compared to Fidelity or Vanguard. I mean in terms of UI/UX, the Fidelity app is on par to RH (maybe RH is slig
by syntaxing 6y ago
I don’t really get the advantage of RH or Revolut compared to Fidelity or Vanguard. I mean in terms of UI/UX, the Fidelity app is on par to RH (maybe RH is slightly better). Why not trade using a company that is more reliable and trustworthy?
- anonu 6y agoLike many things in tech: first mover isnt always a winning strategy. Many people had free trading before RH. RH just did it better with a mobile-first gamified experience. The same dopamine hit you get from sharing or liking on social media, well you get that when your net worth just went up by a few pennies. The RH UI/UX enforced this gambling-like environment. A killer product would have brought something like r/wsb+RH into 1 app- focus on sharing your "gain porn".