Top 3 Pros and Cons of Robinhood Trading Platform

Top 3 reasons why I like the Robinhood Trading Platform

  1. Can trade Stocks and Cryptocurrency in one App
  2. Can buy fractional shares of Stocks that have very high prices which you can’t do at some other online brokerages- Berkshire Hathaway
  3. Very simple to use – Straightforward and easy to use

Top 3 reasons why I Don’t like the Robinhood Trading Platform

  1. Stock Research Tools are too basic –
    They are trying to upgrade you to their Gold plan – which includes access to margin $5/mth
  2. Not sure about platform stability – all the outages/trading freezes
  3. Not sure about the Company stability – Robinhood could go out of business and then what?
    Robinhood Financial LLC is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash).

Get a Free Stock when you Open and Fund an account with Robinhood: