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Started By
Message
"Robinhood Instant"
Posted on 2/23/16 at 9:00 am
Posted on 2/23/16 at 9:00 am
One of my biggest complaints about Robinhood is having to wait three days between deposit and being able to trade funds. They've created a new app that allows you to "reinvest cash immediately after selling stock" and "buy up to $1000 of stock immediately after depositing from your bank".
Of course there is a huge waiting line to get the app. I'm glad they keep improving this app. It's been a great way to save up/invest small amounts over the last year or so.
Of course there is a huge waiting line to get the app. I'm glad they keep improving this app. It's been a great way to save up/invest small amounts over the last year or so.
This post was edited on 2/23/16 at 9:10 am
3
Posted on 2/23/16 at 9:09 am to yellowhammer2098
Use the app as well. The 3 day wait is a pain, but I really hope they are able to keep it no commission after this update.
Posted on 2/23/16 at 9:11 am to HYDRebs
They will. The entire industry is heading in that direction from what little I have read on the subject.
Posted on 2/23/16 at 9:32 am to yellowhammer2098
So they are creating a new app instead of just updating the current?
That's dumb
That's dumb
Posted on 2/23/16 at 9:34 am to Croacka
I believe they are just updating it, not sure though.
Posted on 2/23/16 at 9:35 am to Croacka
quote:
So they are creating a new app instead of just updating the current?
It actually is unclear from the email they sent. I can't tell if there is a waiting list to download an"update" or a new app.
Posted on 2/23/16 at 1:18 pm to yellowhammer2098
Seriously doubt they would create a new app. This should be incremental functionality to the current app.
Posted on 2/23/16 at 2:27 pm to lynxcat
Fractional share capabilities and Ronin Hood would be perfect.
Posted on 2/23/16 at 2:48 pm to anc
yeah plus it feels a bit late in the game to be using invite codes...I know it's a push for more sign ups but most of us got people on board when they initially launched.
Posted on 2/23/16 at 5:49 pm to tes fou
quote:
I know it's a push for more sign ups but most of us got people on board when they initially launched.
It may be both a push for sign ups and a "soft launch."
Posted on 2/23/16 at 6:30 pm to yellowhammer2098
Robinhood Instant FAQ: LINK
(PS - read the Day Trader rules toward the bottom)
(PS - read the Day Trader rules toward the bottom)
This post was edited on 2/23/16 at 6:35 pm
Posted on 2/23/16 at 9:52 pm to AutoYes_Clown
Don't mean to hijack but has anyone received a 1099 from robinhood for 2015?
Posted on 2/24/16 at 6:14 am to thatguy777
You have to retrieve it from the app yourself and email it to yourself
Posted on 2/24/16 at 6:16 am to Croacka
It hasn't show up in the app when I click on tax documents
Posted on 2/24/16 at 8:04 am to thatguy777
Not sure
Mine was created on 2/9
Mine was created on 2/9
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