why not use robinhood?

why not use robinhood?
Robinhood doesn't offer any of those features. You can't even sort your list alphabetically (though at least you can reorder your list manually). The lack of watchlist features makes the app unsuitable for serious stock research. Remember, if you don't research stocks thoroughly before purchasing, you're not investing. Oct 19, 2018
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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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Is there a downside to Robinhood?
The account has no minimum requirements, no monthly fee, no overdraft fee, and comes with a Mastercard debit card to easily access your money at their huge network of fee-free ATMs. The only drawbacks with this account are that they don't reimburse other ATM fees, and you do have to use their app. Jan 20, 2021
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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.
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