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Robinhood is a free-trading app that offers commission-free stock, ETF and options trades. This investment app offers a streamlined trading platform and is one of the few brokers that gives investors the opportunity to trade cryptocurrency. There is also no account minimum and it operates entirely online without fees. The platform includes customizable alerts, news feed, candlestick charts and the ability to listen to live earnings calls.
Robinhood supports market orders, limit orders, stop limit orders and stop orders. It also offers a tab bar at the bottom of the app, which offers quick access to portfolio values, watch lists, transaction history and account statements. The company has made strides to increase the tools and research available for customers, offering analyst ratings, lists of top movers, earnings calendars and links to earnings calls.
Robinhood has also introduced fractional shares, which means you can pay as little as $1 for a portion of a share, even if that share costs hundreds of dollars. This feature makes it much easier to build a diversified portfolio because you're able to buy many more companies, even if you don't have a lot of money to invest.
Robinhood offers both web and mobile trading (mobile apps for iPhone and Android) and when you refer a friend who joins Robinhood, you both earn a free share of stock.
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1 211 hour ago
My Mutual Fund Portfolio as of 08-Aug-2020
The funds are arranged in the following order:
1. Axis Bluechip Fund Direct Growth
2. Axis SmallCap Fund Direct Growth
3. Parag Parikh Long Term Equity Fund
4. UTI Nifty Index Fund Direct Growth
5. Combined Portfolio