why robinhood is bad?

why robinhood is 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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Is Robinhood legit and safe?
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 Robinhood Trading dangerous?
The primary risk with Robinhood and other services like it comes from having easy access to risky investing tools for people unaware of the true risks involved in using them. Other risks include trading in leveraged securities, and having people discover glitches and exploit them, among many others. Jul 6, 2020
Full answer in: www.kiplinger.com
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What is the problem with Robinhood?
Citing market volatility and unprecedented customer demand, it outright halted trading on GME, AMC and other names. The Robinhood bans prompted a class-action lawsuit as customers, celebrities and lawmakers called out the platform. Then, the company placed restrictions on 50 equities, further angering customers. Feb 1, 2021
Full answer in: investorplace.com