[Show all top banners]

Lokay
Replies to this thread:

More by Lokay
What people are reading
Subscribers
:: Subscribe
Back to: Kurakani General Refresh page to view new replies
 Robinhood App: Has anyone used?
[VIEWED 6231 TIMES]
SAVE! for ease of future access.
Posted on 01-13-17 11:11 AM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Hello Sajhaits,
I came across an app called Robinhood that tells commission free stock trade. Have anyone used it or do you recommend to use it?
 
Posted on 01-13-17 11:18 AM     [Snapshot: 1]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Yes I have used it for more than year. It's great, I started using when it was launched. And Its FREE.
 
Posted on 01-13-17 12:34 PM     [Snapshot: 65]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Yes, I've used it as well and it's a nice app.
 
Posted on 01-13-17 12:52 PM     [Snapshot: 90]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Thanks! Does anyone have some general ideas on stock investing to share to someone starters like me? some Dos, Dont Dos etc.
 
Posted on 01-13-17 12:52 PM     [Snapshot: 90]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Technically Robinhood is not free. There is a minuscule fee on all sell orders which is imposed by the US Securities & Exchange Commission. However, Robinhood does provide free stock buying options. There is a premium Robinhood 'Gold' account that also offers margins for added buying power and extended trading hours. Gold account monthly price depends on the tier you select.

Robinhood may not be suitable for Active Day Traders. No desktop trading platform. No short selling. Limited options in terms of securities. Lacks support for Mint [can't track your holdings outside]. Limited to individual taxable accounts.

I would recommend Robinhood if you are a casual mobile trader who loves to trade few stocks or ETFs per week. You may want to max out your tax-sheltered retirement accounts 401K/IRA before investing in Robinhood.
 
Posted on 01-14-17 11:09 AM     [Snapshot: 339]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Would you help me a bit more details on ?
1) Limited to individual taxable accounts.
2) ETFs
3) tax-sheltered retirement accounts 401K/IRA before investing in Robinhood.
 


Please Log in! to be able to reply! If you don't have a login, please register here.

YOU CAN ALSO



IN ORDER TO POST!




Within last 7 days
Recommended Popular Threads Controvertial Threads
TPS Re-registration case still pending ..
and it begins - on Day 1 Trump will begin operations to deport millions of undocumented immigrants
NOTE: The opinions here represent the opinions of the individual posters, and not of Sajha.com. It is not possible for sajha.com to monitor all the postings, since sajha.com merely seeks to provide a cyber location for discussing ideas and concerns related to Nepal and the Nepalis. Please send an email to admin@sajha.com using a valid email address if you want any posting to be considered for deletion. Your request will be handled on a one to one basis. Sajha.com is a service please don't abuse it. - Thanks.

Sajha.com Privacy Policy

Like us in Facebook!

↑ Back to Top
free counters