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I've used Fidelity's new UX, as well as Vanguard's, and both are still way behind Robinhood in terms of just usability, nevermind addictiveness. Robinhood also
by ceeplusplus 4y ago
I've used Fidelity's new UX, as well as Vanguard's, and both are still way behind Robinhood in terms of just usability, nevermind addictiveness. Robinhood also makes it easy to take on insane amounts of risk through options and margin whereas that kind of leverage is difficult to achieve elsewhere.
- bombcar 4y agoInsane amounts of risk and long-term customers don’t usually go together.
- Kylekramer 4y agoCasinos do fine. Robinhood probably won't be the next Vanguard but they've essentially created the casual betting market version of investing.
- notyourwork 4y agoFidelity's offering is fine. I don't need confetti to confirm my trades.
- bombcar 4y agoYou're saying replacing red negative numbers with poop emojis wouldn't just make your day?
- bpicolo 4y agoYou used to be able to move funds into vanguard + purchase in a single submission in Vanguard (though clearly multiple steps on their end). The new app seems to only offer sending money to money market settlement, before waiting two days to transact. A real pain of a change, unless I'm missing a way to do it.
- bombcar 4y agoAt least via the web interface for Vanguard the way I do it is start with a buy order, and then when it says "where funded" hit "new deposit" or whatever it is. They then let me buy whilst the money is inflight.
- bpicolo 4y agoGood to know the web still allows it - will do that in the future. Thank you!
- Fomite 4y ago"both are still way behind Robinhood in terms of ... addictiveness." Good.