Yes, it's mobile-first. Welcome to 2016...but they are also working on a web platform now.
Low commission for retail traders
- Thread starter hurricane_sh
- Start date
Yes, it's mobile-first. Welcome to 2016...but they are also working on a web platform now.
Until now, Robinhood did NOT provide web trading in PC? (I didn't know it)
Hope to join them after they make NEW platform for web. At least phone cannot provide what I want (e.g. large chart)
My biggest threat with retail brokers was will they pick up the phone in couple rings in my beginnings. You have a small account, either data stops, PC freezes, electric goes out in area, whatever, I needed to get out, so back then didn't care if I had to pay a little more for better service, it only takes one time of not being able to reach them and lose sizeable money. As soon as it was feasible, bought another PC and opened another account at different broker for back up then hunted for cheaper brokers.
Good to hear that
1) For possible electricity/internet shutdown, we need to prepare always an alternative such as phone trading.
2) Prepare at least several brokers for sudden commission change.
Here are some weak-points of mobile net listed:
http://www.computerworld.com/articl...apps-are-miserably-insecure-leaky-messes.html
The point is to use safe and strong encryption, and of course also strong security also at the server side...
Regarding attack vectors see these:
https://en.wikipedia.org/wiki/Mobile_security
http://www-01.ibm.com/common/ssi/cg...lfid=WGL03074USEN&attachment=WGL03074USEN.PDF
https://www.owasp.org/index.php/Projects/OWASP_Mobile_Security_Project_-_Top_Ten_Mobile_Risks
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Most agrees that phone trading is "MISERABLEY INSECURE".
PC/laptop trading with frequent OS-formatting may be securer than phone.
I do not prefer phone or some OS that is intentionally hard to format freshly.
So the same as desktop and browser-based applications then?
That's your own interpretation...
That's your own interpretation...
Your words about safe and strong encryption and strong security at the server side leaves no other interpretation.
The same applies to browser and desktop applications - where there is a much higher prevalence of viruses, trojans, key loggers, potential for injection, xss, phishing etc. (compared to a fully native mobile app)
So, leaving aside badly coded apps that equally applies to the desktop and browser, an attacker would most of the time need physical access to your phone and jail break it or otherwise need it tethered to a laptop in which case your laptop is compromised and the desktop trading you have installed there is also compromised. So, I'm failing to see how trading apps on phones are inherently less secure than browser or desktop equivalents - quite the opposite actually. Again, developer laziness aside.
Everyone has all different opinion. For me, one best way is to fresh-format frequently.
Unfortunately, some OS does NOT allow frequent format by users.