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I think their main draw is as long as you have a pulse they give you margin and risky option trading. I use Vanguard for my retirement, but if I want to do any
by NtGuy25 6y ago
I think their main draw is as long as you have a pulse they give you margin and risky option trading. I use Vanguard for my retirement, but if I want to do any risky plays and feel like i'm in the big leagues, then Robinhood is the only place in town.
They also provide easy access to crypto, which a surprising amount of non tech people use. Since Coinbase and such is alot scarier.
I don't think they'll ever be #1, but I think they will consistently have a good following and most don't care much about the trust that was lost with gamestop.