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Started By
Message
Robinhood Zero-Commission Stock Brokerage
Posted on 4/18/14 at 1:16 am
Posted on 4/18/14 at 1:16 am
Anyone already signed up and plans to trade on here?
LINK
Google ventures, registered with the SEC,FINRA,SIP
Non-Referral Link
LINK
Google ventures, registered with the SEC,FINRA,SIP
Non-Referral Link
This post was edited on 4/18/14 at 9:16 am
Posted on 4/18/14 at 4:45 am to LSUregit
quote:
Targets Millennials With Little Cash
Not very many of those on this board.
Posted on 4/18/14 at 5:18 am to foshizzle
As a fellow O-T baller, I realize that; but I signed up anyways.
Posted on 4/18/14 at 7:07 am to LSUregit
free trades means I can take small positions without the fees eating me alive
Posted on 4/18/14 at 9:37 am to bobaftt1212
quote:
free trades means I can take small positions without the fees eating me alive
You'd better read the fine print first. Electronically transferring money in is free. Transferring out? $75.
Posted on 4/18/14 at 9:44 am to TigerstuckinMS
I completely overlooked that. I saw free ACH and assumed that meant inbound and outbound transfers were free.
Posted on 4/18/14 at 10:05 am to baytiger
quote:
I completely overlooked that. I saw free ACH and assumed that meant inbound and outbound transfers were free.
Nah. I probably screwed the pooch on that one. I think transferring accounts from another brokerage is free, but transferring your Robinhood account to another brokerage is $75. ACH does appear to be free.
Posted on 4/19/14 at 12:11 pm to TigerstuckinMS
Transferring out usually comes with a fee at most firms. I know Scottrade will cover your fee if you are transferring in and your former broker is charging you. Wouldn't be surprised if the other major online firms did the same as well.
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