What is Robinhood?
At Robinhood, we believe that the financial system should be open and available to everyone. This core belief motivates us to create products that allow you to invest in a way that meets your individual needs and preferences. We are dedicated to providing fair access to financial resources for all users, regardless of how much they wish to invest. Our platform is designed without account minimums or trading commissions for stocks, ETFs, or options, making investing straightforward and cost-effective. Furthermore, with Robinhood Crypto, users can buy and sell Bitcoin, Ethereum, Dogecoin, and many other cryptocurrencies at any time, all without facing transaction fees. We prioritize the security of your personal information and digital assets, ensuring they remain protected at all times. Any funds you deposit or earn through sales in your Robinhood Financial account are immediately available for cryptocurrency trading in your Robinhood Crypto account, creating a streamlined investment experience. This unwavering dedication to accessibility and security exemplifies our goal of reshaping the financial world for everyone, fostering an environment where anyone can take control of their financial future. Through these efforts, we strive to empower individuals to make informed investment decisions with confidence.
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Robinhood Customer Reviews
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great stock app
Date: Jun 21 2022SummaryRobinhood is a great app for the stock market if you are interested in just playing around and getting use to the market. Not so good if you are a serious investor.
PositiveEasy to use, simple to find stocks, and very fast response time from support. Accurate stock numbers and fun to use.
NegativeNot easy to understand all the options given on a stock option.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
No thank you
Date: Feb 28 2022SummaryI will not be going back to this platform and every time something gets listed on this platform, the price drops drastically.
PositiveYou can trade crypto and some other stocks. It doesn't focus on just one or the other for your trades.
NegativeFroze, crashed, spent 6 months trying to get an account verified and finally had to escalate it to get in. Not at all a fan of this platform.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Support for making suitable investments
Date: Apr 22 2021SummaryRobinhood has helped me through its analytics to make the best investment decisions by providing me with detailed features and summaries of recent events in companies and their impact on the stock. Investing in stocks is often a game of chance because, in a matter of seconds, a store can go up or down, but Robinhood has meant more gain than loss for me, which has been beneficial.
PositiveI like the way Robinhood works, its interface and how easy it is to use. Robinhood shows me what I need in terms of potential companies to invest in and the events that have happened recently in these companies offering how they have affected the shares of these companies, all this without any additional charges.
NegativeThe web-based interface design is not as user-friendly as the mobile app, which is a bit strange.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Responsive, but problems with transactions
Date: Sep 20 2021SummaryRobinhood is great if you want to do some fun personal investing, but you have to be careful that you don't get burned by their poor care for the off the street investors
PositiveRobinhood has billed itself as the outlaw investment software that takes the money out of trading and puts it into the common man's hands. And the no cost transactions help with that a lot.
NegativeRobinhood having to halt trading at various points due to meme stocks has been a huge problem for people who aren't classic investors.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great place to start investing!
Date: Jun 13 2021SummaryBut that was definitely the exception. Overall, I’m a huge fan of Robinhood, and would highly recommend it to anybody trying to get into investing.
PositiveExtremely easy place to start investing I to the stock market. Amazing user interface, and very beginner friendly. And it sends you any important tax information come tax season.
NegativeI mean, there was the issue whenever GME and AMC, and the other meme stocks were exploding, and they halted trading, which was questionable. But that was definitely the exception.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Limit trades doesn’t always mean limit to them!
Date: Apr 08 2021SummaryTerrible I would never recommend them and I’m closing my account! No one to talk to and no response!
PositiveDon’t like anything.
NegativeI have made way too many limit orders and they purchased it for me wayyyy above that so I am at a loss when I should be very much in the green and there’s no one to talk to there!
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