5 ms·
Can you elaborate on why you think robin hood is better than etrade?
by tw600040 5y ago
Can you elaborate on why you think robin hood is better than etrade?
- mulcahey 5y agoI’m not the most sophisticated trader but I appreciate their UX and simplicity, which I think is true of most of their user base
- rezistik 5y agoI think the question is whether RH is sticky, they have good traction in growth, and I think it will be sticky. If enough people are doing fractional shares trading it's really hard to transfer out fractional shares to different brokers. Might actually not be possible.
- pedroma 5y agoI did an ACATS from RH. They just sell the fractional shares at market price and send the cash.
- rezistik 5y agoRight so you have to purchase your fractional shares on your next platform, which I guess would only amount to the fractions so maybe not a huge deal if you have 100.5 of a stock you're only losing the .5, but it could add up if you have a really diverse portfolio.
- BoysenberryPi 5y agoRobinhood's value is all UI and UX. Every other finance app is in the past. Vanguard, Etrade, even ThinkOrSwim; none of them even come close to how easy Robinhood is to use. I also left Robinhood after the GME thing but man their app is so streamlined compared to everyone else.
- mgfist 5y agoI use RH sometimes to look at prices and then go back to Etrade to make actual trades.