Reasons to stick with Robinhood?

Cruise
Pow2Playa

Go to company page Cruise

Pow2Playa
Jan 29, 2021 15 Comments

I switched to Fidelity today and I found out that they also offer commission free trading. Their UI isn’t the best, but it is good enough to get the job done. What’s important is that Fidelity (or Vanguard or Schwab) doesn’t fuck around with my money and their service is reliable. I ordered more GME via Fidelity.

I wonder, why do people still use Robinhood?

#robinhood

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TOP 15 Comments
  • Amazon / Eng
    🚀🤣AMZN

    Go to company page Amazon Eng

    🚀🤣AMZN
    The only good thing about Robinhood is its pretty UI
    Jan 29, 2021 1
  • Indeed
    dooooood

    Go to company page Indeed

    dooooood
    Me too. How long did the transfer take?
    Jan 29, 2021 3
    • New
      turtlecirc

      New

      turtlecirc
      7-10 days I think
      Jan 29, 2021
    • New
      turtlecirc

      New

      turtlecirc
      Was gonna do it too but that transfer time killer, waiting till after the frenzy
      Jan 29, 2021
  • New
    ffwx20

    New

    ffwx20
    Fidelity options trading is not free and the UI is clunky, not good for people who like to day trade options expiring the same day and need fast button clicking speeds 🧤

    Nevertheless since robinhood has liquidity issues and their CEO looks sketchy as hell I'm not leaving any money on their brokerage in case they suddenly go under and can't close a day's trades.
    Jan 29, 2021 5
  • Amazon
    IUul86

    Go to company page Amazon

    IUul86
    Will this freez Robinhood account for trading untill the transfer is complete? I am planning to transfer partially for now but not sure if it freezes account for those 5 days?
    Jan 29, 2021 1
  • Splunk
    splwtf

    Go to company page Splunk

    splwtf
    Here’s one very possible reason not to stick with Robinhood;
    Jan 29, 2021 0