No mutual funds or bonds: The lack of mutual funds and bonds may make it difficult to build a truly diversified portfolio. Customers can only access bonds via bond ETFs. Limited customer support: Robinhood has made noticeable improvements to its customer service, but it's still not on par with other brokerages.
Jan 18, 2024
People also ask
Why does Robinhood have a bad reputation?
What is the downside of Robinhood?
Why people don't use Robinhood?
Can Robinhood be trusted?
Feb 4, 2022 · Yes. The information is often wrong. There's very little research you can do through them. Customer service is horrible. Limited buy options. No ...
Rating
· Review by Emily Guy Birken
Apr 12, 2024 · Robinhood has been fined more than $130 million by the SEC and FINRA for misleading and harmful customer practices. In November 2021, the ...
Sep 4, 2021 · Notwithstanding the power of its brand, Robinhood is a risky investment and faces intense scrutiny from both the public and regulatory entities.
What Everyone Got Wrong About GameStop, Reddit, and Robinhood
www.texasmonthly.com › what-everyone...
May 5, 2022 · In Robinhood's case, it's not selling advertisements but rather what's called “order flow” to other financial-services firms. That is, Robinhood ...
Dec 1, 2021 · If they're wrong, they're forced to buy at a higher price and pay the difference between the price they set and its sale price. Short sales ...
Robinhood is a good platform for active trading and provides commission-free trades on all investments. But it's lacking in some areas, such as the number of ...
May 25, 2021 · The company has drawn criticism for gamifying the serious business of investing, which puts at stake individual life savings. Critics say the ...
Robinhood is considered safe for investors. It's a member for the Securities Investor Protection Corp. (SIPC), is regulated by the SEC, and has additional ...
Apr 18, 2024 · Robinhood provides a bare-bones trading experience, making it a poor choice for investors seeking the best trading platform. Also, Robinhood's ...