Best Stock Market App | Robinhood Review | No Trading Fees & No Account Minimum

Was looking for a good trading app to start building investing profolio and I found this free trading app called Robinhood that offer me the ability to get formally with the stock market. Robinhood | Free Trading | HeyStaxe http://heystaxe.com/robinhood-free-trading/

Comments

1. Thank you for this review :) I'm about to begin trading stocks and I have been looking at Robinhood for some time now. The idea of no trading fee and no minimum initial deposit seemed too good to be true, but you really clarified all the pros and cons of this app. Great video.
2. Good review, just wanted to help out with some tips. First, the Robinhood Instant feature does have one big drawback: no day trades. If you day trade in your account (buy and sell a stock on the same day) 3 times in a trading week, your account may be suspended. For that reason I kept a basic cash account. Also if you are looking into some long term investing, you may want to start with some ETFs in your portfolio as they are typically less risky as they are indexes that track a vast number of bigger companies. Some examples of these ETFs would be USMV, SPY, IELG, SCHB, ect. USMV is lowest risk of those. Have fun trading, also good review!