why is robinhood so bad?

why is robinhood so bad?
Robinhood provides a bare-bones trading experience, making it a poor choice for investors seeking the best trading platform. Also, Robinhood's stock research tools are severely lacking when compared to $0 brokers such as TD Ameritrade, Charles Schwab, and Fidelity.
Full answer in: www.stockbrokers.com
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Why is Robinhood so bad?
Robinhood provides a bare-bones trading experience, making it a poor choice for investors seeking the best trading platform. Also, Robinhood's stock research tools are severely lacking when compared to $0 brokers such as TD Ameritrade, Charles Schwab, and Fidelity.
Full answer in: www.stockbrokers.com
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Can Robinhood be trusted?
YES– Robinhood is absolutely safe. Your funds on Robinhood are protected up to $500,000 for securities and $250,000 for cash claims because they are a member of the SIPC. Furthermore, Robinhood is a securities brokerage and as such, securities brokerages are regulated by the Securities and Exchange Commission (SEC). Jan 19, 2021
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What caused Robinhood to crash?
The outages, the pair explained, were sparked by "highly volatile and historic market conditions; record volume; and record account sign-ups." Robinhood said its engineering team was working on fixes to prevent another embarrassing outage. Mar 4, 2020
Full answer in: www.cnn.com
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What is the catch with Robinhood?
The catch is they make money on the cash you have in the app that isn't invested by investing it themselves, and they make money from people with robinhood gold. You also can't do more than 3 day trades per week and abuse their free trades.
Full answer in: www.reddit.com
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What is the downside to Robinhood?
Robinhood does not offer access to mutual funds, IRAs, 401(k) accounts, shorting stocks, futures trading or joint accounts. Meager research capabilities. ... As most Robinhood reviews point out, it lacks research filters and trading analysis tools. Attracts uninformed investors. Feb 22, 2021
Full answer in: clark.com