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RE: Robinhood stock trading

in #stocks6 years ago

You're right there is no such thing as a free lunch. RobinHood is still a very profitable company and they are taking advantage of customers in a somewhat secretive way. However, if your goal is just to buy one or two stocks to just get the stock trading experience, I would argue that they could provide a good user experience for that.

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I agree, if you want to buy and hold small quantities of specific blue chips it's fine. If it's a $10 dollar fee that is preventing you from trading, you probably shouldn't be hand picking single equities anyways, the low MER ETF route is definitely more suitable and reasonable.

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