Robinhood Red Flags

[nooby_mcnoob]

They could. Plenty of retail brokers offer some kind of checking. It would be far easier if they did that, but that comes with regulatory risk so it probably isn't worth their time right now. One idea would be direct charges to a debit/credit card similar to the way pay-to-play apps work but that comes with it's own set of risks I'm sure the SEC and FINRA have specific regulations about.

So it's doable. RH could be a investment vector for millennials. Exactly what is needed for euphoria to form.

 

[gaussian]

So it's doable. RH could be a investment vector for millennials. Exactly what is needed for euphoria to form.

Schwab is planning on offering micro-shares on major symbols so I doubt Robinhood would have any traction in this area.

 

[nooby_mcnoob]

Schwab is planning on offering micro-shares on major symbols so I doubt Robinhood would have any traction in this area.

IB as well

 

[Specterx]

The business won't blow up in the next downturn.

Oh, I think the chances of that are rather high. Robinhood is run by tech bros, lawyers and lobbyists - not traders or risk managers. IMO they're a prime candidate to go under if markets go into another crazy phase.

 

[ElectricSavant]

The "F" word carries a lot of weight...

I cannot come up with one single argument for choosing Robinhood. Despite this they've now got 10 million accounts.

https://www.forbes.com/sites/donnaf...s-more-than-10-million-accounts/#4d644f0d3f81

 

[zdreg]

There is sufficient regulation by SEC, Finra etc. to prevent them from going under.

 

[Cdntrader]

RH is GREAT for bringing more suckers to the tables. Lets hope they get huge!

 

[2FT]

There is sufficient regulation by SEC, Finra etc. to prevent them from going under.

Nah, there isn't. There is enough to make a significant difference, but not enough to prevent for sure.

 

[S2007S]

Schwab is planning on offering micro-shares on major symbols so I doubt Robinhood would have any traction in this area.

Every broker will have micro shares in the next year. Robinhood being one of them

 

[murray t turtle]

Robinhood Red Flags

Is the stock-buying app Robinhood to be lumped in with overvalued, actually-low-margin startups such as WeWork and Uber? Red flags include a series of missteps such as Robinhood's bungled 3%-interest savings product, strong competition from other brokerages that are also promising free stock trades, and the lack of clarity around how the firm plans to turn a profit. Fortune

%%
WELL, they gave away a free stock;
so never underEstimate the value of ''free'' in marketing, for youngsters /any age.LOL And if you selling stock services, KFC or MCD, volume helps.And if you see WHOLE Foods/organic threaten you , change the name of ''Fried'' to KFC .LOL,