Robinhood is a stock trading app that allows its users to see the average price of stocks they want to trade and there are no fees required while using Robinhood. With this app, the user is able to trade stocks for free, harkening back to the famed Robinhood, who would steal from the rich and give to the poor. Fortunately, There is no stealing involved with this app. The idea behind this app is to make it easier for millennials to buy and trade stocks. The platform is setup similar to Amazon and Spotify since that is what the younger generation is used to navigating. I don’t know a whole lot about stocks but this app is geared towards people who are noobs with regards to the stock market.
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Robinhood stock trading comes to web with finance news for its 3M users
This sounds like a really cool app. The stock market can be one of those things that is very intimidating, but with an app like this it allows you to get your feet wet and gain a better understanding. I also like how it is geared toward the younger generation and trying to get them involved in the trading of stocks and understanding how that works.
I love how a company is approaching stocks in a new way… something that can capture the younger generations and provides a way to play around with stock trading on a smaller scale.
This is a great idea. Those trading fees are a real nuisance so this seems to be very helpful. I wonder how much money this app has made so far.
This is a cool idea! Millenials are the most hesitant age group to invest so I think this will help them to get involved in investing.
This is a good idea because many stock trading companies have a fee for every transaction. This will encourage many more people invest in stocks.
Very cool idea. I did some research about the company and found out that they make their money off of interest collected from the unused cash in client accounts. Since that revenue is very small, they keep the business lean to minimize expenses. It will be interesting to see if they can keep that business model alive in the future.
Great idea! I have seen other apps that try to make trading stocks simplified, but it seems like this one works very well and they don’t charge money like other ones do.
I had to comment on this because this is what I use to trade! I love using it! it is very simple to use and it has had everything I wanted to invest in it on their application so far! During the IPO of Snapchat they were right up there with the other companies like fidelity with having them available to trade. Overall it is a very innovative way to trade the stocks through!
I am a finance major, so of course I love the idea of trading stocks! I love the idea and how they keep their price point down. Though trading stocks can be extremely challenging, this looks like a great way to make it easy for even the most basic investor. I will be looking into this more and more as I become a true financial investor.