Planning to open a brokerage account for index funds like VTI, VOO, etc. Any thoughts on eTrade vs. Vanguard direct vs. Robinhood? RH seems appealing with free trades, any reason not to use?
If you actually have a decent chunk of money then you should just get a real brokerage with fast executions and a real customer support center. I love RH and use it myself, but for fucks sake they don’t even have a phone number you can call lmao
In the long run trade fees don’t amount to much. If you’re investing, RH is fine. If you’re trading, get a better platform.
Use a real brokerage. E*TRADE or interactive brokers.
E*trade is absolute garbage. Fees are 2x other places and their web app is only good by 2005 standards.
Ah no it’s not. Their advanced trading platform is the hands down best of any brokerage offering.
Until RH actually lets you sell individual stock groups for tax purposes, I’d go with a real brokerage.
Schwab brokerage with linked checking and savings.
Vanguard: as long as you can meet minimums you will be happy
If you are thinking long term index funds as a big chunk of your investment open vanguard. The fees etc pays of for themselves. If you want to be active trader vanguard will suck since their web interface is awe full . I personally have accounts with more than one ( all the ones you mentioned plus tdameritrade) and they all serve different purposes.
I like Interactive Broker. Their mobile app works quite well and is very sophisticated.
Except no real time quotes...
No, RH is good