4 ms·
I’m not the most sophisticated trader but I appreciate their UX and simplicity, which I think is true of most of their user base
by mulcahey 5y ago
I’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.