Robinhood App Review

Robinhood is a US-based financial services company headquartered in Menlo Park, California. The company has low-cost ways to invest in stocks, ETFs, options, and crypto through its easy-to-use mobile application and website. Robinhood currently has a growing active user base of 10 million. It's a very popular option for younger investors because it is pretty simple to use.

Robinhood app review. Robinhood is rated higher because this is an investment app review and Robinhood is a better app if you’re strictly investing, but if you want to get rid of Venmo and be able to transfer money easily, Robinhood can’t do that… yet. Cash App and Robinhood Services. Robinhood was founded in 2013, and the app launched in 2015, causing a stir in the brokerage world that led to an industry-wide race toward zero trading fees. Despite the fact that many well-established companies soon took a page from Robinhood’s playbook, the company not only survived but thrived – securing more than $912 million in. Robinhood's mobile app is fast, simple, and my favorite for ease of use. For basic stock trading, Robinhood has the functionality required to be productive: basic watch lists, basic stock quotes with charts and analyst ratings, recent news, alongside simple trade entry. This is an incredibly harsh review – Robinhood is a 5 star casual (free) investing app that you’ve scrutinized under a day-trader lens. The application breaks most barriers of entry facing casual traders, no middle man, no fees, instant buys, extremely simple UX, and lightweight UI.

As noted multiple times in this review, the Robinhood app is intended to simplify trading for the average investor/trader. Accordingly, the app is easy-to-use but limited in features. That said, the company hasn’t failed to keep up with modern technology. The app accepts Touch ID authentication and Face ID authentication (for iPhone X). Robinhood App Review Bottom Line. Robinhood is a legit option for anyone getting started investing. The interface is easy to use and make them one of the top choices as a brokerage for beginners. However, Robinhood is not as robust as other brokerage accounts. So you are giving up flexibility in your investing to get the lower fees. Robinhood’s mobile-first design means that the app’s interface is sleek and easy to use. You can search for stocks quickly and get a clear view of their past performance. The app also includes useful visuals showing changes in your portfolio over time. Robinhood is a stock brokerage that hopes to bring commission free trades of stocks to the masses.. It's an app-only brokerage that offers $0 commission trades on stocks – no minimums, no maintenance fees, and a streamlined interface that is intuitive to use.

However, Robinhood offers extended trading hours to those using the app, which means you’ll be able to trade during the following hours: 2pm to 11pm GMT; Robinhood app. The Robinhood app is designed to be intuitive and easy-to-use, especially for those with little experience reading trading charts. The Robinhood mobile app is easy to use and offers everything that you need from any basic trading application. You get a watch list, charts, quotes, charts and analyst rating apart from news. Robinhood's initial offering was a mobile app, followed by a website launch in Nov. 2017. As a result, Robinhood's app and the website are similar in look and feel, which makes it easy to invest. Robinhood isn’t quite as simple to use as investing apps like Acorns or CashApp, BUT overall Robinhood is intuitive and relatively beginner friendly. I had ZERO issues as a first-time user (back when I was a first-time user) figuring out how to use the app, and that simplicity helped me overcome some of my fear of getting involved with investing.

Robinhood App Review. Sarah Horvath Contributor, Benzinga March 3, 2019 Updated: April 24, 2020. Benzinga Money is a reader-supported publication. We may earn a commission when you click on links. Robinhood App Review – Zero Cost Trading Platform. Back in the day, investing was much more difficult to do. First of all, you needed plenty of money for both the investment and for your stock broker. Sure, the invention of the internet meant you no longer had to call your stock broker every time you wanted to make a trade. 2. Mobile Power: Robinhood App Review . Robinhoods mobile trading platform is available on all iOS or Android devices. In fact it has the same design, user-friendliness, and functionalities as the web trading platform. However, the stock screener and recommendations are missing. Again, there are other tools out there for things they are weak at. All "customer support" is on the app; there is no phone number. So, basically, there is no customer service. App goes down ALOT! Especially during the times of day when there is heavy activity. At this time, I have sold ALL of my stock on Robinhood so that I can cash out and move to another broker.