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OfflineKryptos
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Robinhood investing app-anyone use this?
    #23747570 - 10/17/16 11:26 PM (7 years, 3 months ago)

https://www.robinhood.com/

Sorry if I'm not supposed to link, but apparently it's a stock app that doesn't have any brokerage fees. I've been playing with cheap stocks and fake money for some time, and have a few hundred extra bucks lying around. Anyone know how legit this is?

Edit: I read the rules and they specified I should try it first. Uh. I don't know how much I want to just hand them money, hence this post, I'll try it with 10$ or so.


Edited by Kryptos (10/17/16 11:28 PM)


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OfflinegeokillsA
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Re: Robinhood investing app-anyone use this? [Re: Kryptos]
    #23748369 - 10/18/16 09:32 AM (7 years, 3 months ago)

Haven't used it, but I'd suspect that it is legit.  Been around for well over a year now and is backed by some major players like Google Ventures.  You won't be able to trade options, short stocks or trade on margin (the last of which I wouldn't recommend anyway), but for simple buying and selling of listed stocks, I'd say go ahead and give it a shot.

http://www.investopedia.com/articles/active-trading/020515/how-robinhood-makes-money.asp


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