Broker Review: Robinhood Trading App

For success, it is enough to appeal to those who steal from the rich to give to the poor. In other words, download the iPhone Robinhood application - through which the new retail investors do not have to pay the industry standard commissions, which can erode the profits of beginners in the world of the Exchange.
Versions for Android and web are still being developed. The 25-person start-up was created by Vladimir Tenev, 28, and Baiju Bhatt, 30. The two were roommates at Stanford University where they studied physics before moving to New York in 2010 to build high-frequency software systems for banks and hedge funds. After witnessing the outbreak of the Occupy Wall Street Movement, when thousands took over Zuccotti Park, the duo felt that writing computer codes to help the rich get richer was a source of dissatisfaction.
They also learned, working on Wall Street, that the true cost of trading had fallen to fractions of a penny, at least for large institutional clients. Meanwhile, small investors were stuck paying up to $ 10 for every online transaction. The pair then questioned whether there was a way to bring a zero-commission scheme to the masses. And help bring the stock market to a whole generation skeptical and under-resourced.
Robinhood is a great way to get your feet wet with no fee investment. The platform is regularly adding new features, including the web-based platform, trading options and Robinhood Crypto. While not powerful enough to be your only investment platform, it works well for your individual stock trading account. It is far from perfect but it is a great value. After all, you can not beat free.
It is a good application, simple and intuitive, perfect for those who want to start, or for those who already invest, another application for you to access wherever you are, in your free time, and to profit more money.
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