4 ms·
This company is going to put serious pressure on the pretty high commissions that the discount brokers are currently enjoying.
by quotha 11y ago
This company is going to put serious pressure on the pretty high commissions that the discount brokers are currently enjoying.
- nemo44x 11y agoBut first they will need to offer a few more things: -Ability to set limits and stop losses -Ability to use margin -Ability to buy and sell call and put options -Ability to trade after hours -Ability to short (likely comes with margin) -Ability to set trailing losses -A better UI -Ability to analyze trades and examine bid/ask spreads I used Robin Hood a few months back and possibly it has gotten better and I'm sure the overall experience will get better. But since that experiment I cashed out of that account and just use my online brokerage account. I do look forward to a better experience down the road.
- kolencherry 11y agoStop loss, stop limit, GTC orders were rolled out recently. See below: http://blog.robinhood.com/news/2015/4/23/introducing-robinhood-for-apple-watch http://blog.robinhood.com/news/2015/4/23/introducing-robinho... They've started that they will be releasing margin trading in 2015.
- nemo44x 11y agoExcellent. Might put some money back in it and try it out again.