I’ll also explain what types of trades and investing work well with Robinhood and what’s better left to other platforms. In this post, I’ll explain who should and shouldn’t use Robinhood. Robinhood makes investing so frictionless and accessible that some people end up trading beyond their knowledge and financial means. ![]() Robinhood has contributed to a culture that has “gamified” securities trading into something similar to a casino. It has introduced millions of young people to the stock market they’re attracted to commission-free trading and the streamlined app.Ī litany of controversies also surrounds the Robinhood brand. With more than 13 million users with an average age of 31, Robinhood is a marketing phenomenon. ![]() ![]() It offers commission-free trading and has pushed many discount brokers to offer free trading as well. Robinhood has democratized investing, making it affordable for people of any age and income.
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