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Does anyone have any experience using Robinhood app for stock investing? Do you like it? What don't you like about it?

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  • 5 years later...
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Robinhood Launches Recurring Crypto Buy Feature to 'Help Smooth Out Price Swings' 

“Today we’re rolling out crypto recurring investments, a new feature that allows you to regularly buy your favorite coins, commission-free and with as little as $1 on a daily, weekly, biweekly, or monthly schedule of your choice,” Robinhood’s announcement notes. “Saving is a habit and recurring investments introduce a strategy to grow holdings over time while potentially reducing the impact of market volatility.”

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    • By TheWorldNewsOrg
      https://www.cnbc.com/2021/07/01/feds-seized-robinhood-ceos-phone-as-part-of-gamestop-trading-probe.html
      Robinhood CEO Vlad Tenev’s phone was seized by federal attorneys in one of the stock-trading app company’s many legal battles, it revealed in its IPO filing on Thursday.
      In a section outlining legal risks from investigations and subpoenas, the company noted that “a related search warrant was executed by the USAO to obtain Mr. Tenev’s cell phone.” Here, “USAO” refers to the United States Attorney’s Office for the Northern District of California, which was investigating Robinhood’s restrictions on trading during the meme stock flurry around GameStop and other stocks early this year.
    • By TheWorldNewsOrg
      Yesterday: Robinhood fined $70 million for harming millions of investors.
      Today: Robinhood reports that 34% of its crypto revenue comes from Dogecoin trading.

    • Guest
      By Guest
      I am starting to think that the pattern day trader Rules at brokerages implemented by the SEC is actually not to protect the small investor but to ensure that small investors STAY SMALL. 
      One could also make the assertion that they are inherently racist since the reality is that there are many poor ethnic minorities that won’t be allowed to do simple small trades based on the fact that they don’t have $25,000 to start out with.  
      Anyone have any more insight into these rules?




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