Are you interested in learning more about Robinhood? Robinhood is actually a new free stock trading program which enables you to trade numerous stocks, ETFs, and even currencies without paying fees or commissions. They offer a simple way for people with no experience to learn how to invest in the stock market. If you’re looking for a stock trading program then I suggest you take a look at Robinhood. Their website is very easy to navigate, they have some great videos, and most importantly, they are free. If you want to learn more about Robinhood and whether or not it’s right for you, then continue reading this article.
So what is so special about Robinhood? The first thing you should know is that the Robinhood app is available exclusively through a brokerage. There is no standalone “robin hood” product. This means that anyone can trade in the program by simply purchasing a brokerage account. Another nice thing is that the app is designed to be compatible with any type of computer – not just laptops. You don’t have to have a state of the art laptop in order to take advantage of this revolutionary new stock trading platform.
A lot of brokers will charge you commission fees when you make a trade. These commissions can add up over time, especially if you do not make very many trades throughout the week. With robinhood you will not be charged any commission fees. In fact, you can even use the app on your smartphone! This means you can make free trades, enter your trades at any time, and close them out whenever you like.
Another nice thing about robinhood is that they offer superior customer service. If you have a question about a particular stock or trade, then you don’t have to wait for an answer on the phone or internet. Instead, you can email them or call their customer service desk. Additionally, if you need help getting a transaction started, then they can help you. Because they have excellent customer service, this is one of the main reasons people use a brokerage to begin with.
A final benefit to using robinhood is that they have a great customer support system in place. Any company that does not provide adequate customer service should be avoided. Not only does it show they care about their clients, but it also shows they care about making sure they get their money’s worth when using their tech companies design software. Most of the best brokers provide help desk options that can be accessed remotely from any computer. This means you can get right back to work, or meet someone in person if you experience any issues during your trades.
robinhood free stock trading does seem like it would cost a lot more than other brokerages. However, the prices are really very reasonable. They allow you to start trading small lots for under $20 dollars each and gain exposure to bigger investments. They also do not require long term contracts, so you can start investing today and get started seeing profits tomorrow.
If you’re looking to start investing in penny stocks, then robinhood is definitely the one to go with. Their fee structure is really affordable, as they only charge twenty dollars per trade. That’s really cheap! There are many competitors out there who charge hundreds of dollars per trade, and they don’t even offer any sort of help or support to their clients. If you want to make it big as a penny stock trader, then using robinhood is an absolute must!
If you decide to use their stock trading platform, be sure to read their terms and conditions thoroughly. If you are trading large amounts of money, they will require you to open a ‘shore’ account at a larger brokerage firm. This is alright if you are just starting out, but if you intend on expanding your investments, it may be better for you to open an account at a smaller broker. Even though robinhood has smaller fees, it is still a good place to start trading penny stocks.