Trade 100% Free with Robinhood
Updated: May 27, 2020
Robinhood, the 100% commission free brokerage. Can you really invest in the stock market for FREE and is it any good?
Summary: Yes it really is free to trade on the Robinhood app, is it any good? Depends.
Robinhood started with a wait list so you could become on of the first people able to trade free, i was on this list and was in the top 100,000, people. Once launched i made my first trade with r\Robinhood on December 24 of 2014, i purchased one share of Bank of America ( $BAC ) at 18.03 and sold at 18.04. My first commission free test was complete and i had made a whole penny. This led to me purchasing more and more stock as well as transferring funds from the two other brokerages i was using at the time to begin using Robinhood as my primary brokerage account and i still do to this day.
In my time using Robinhood i've seen many changes as well as upgrading to a Robinhood gold account, but is it any good?
Yes. If you have ever though about entering the stock market and making your very first trade then i highly recommend using Robinhood as the first step towards that goal, its risk-free. You can deposit and withdraw money straight from your bank account quickly and it really gives you an idea of how the market works and how a brokerage company basically operates. Even better in 2017 a referral program was created that allows you and a referral to get a share of stock completely free, with my first referral on December 19th i got a share of Apple ( $AAPL currently at 203.19 ) at 176.59 completely free. I'll link my referral below if anyone would like to sign up and try.
Other brokerages offer more functionality as well as the option to short stocks however when used in conjuction of other websites and tools available to you like finviz.com and tradingview.com robinhood is a solid foundation for your investments to grow.
Use this link to get a free share for you and I and if you have any questions at all feel free to contact me! http://share.robinhood.com/matth11
Also my favorite charting website! tradingview.com
My favorite stock screener! Finviz.com
You can also sign up for my newsletter and be one of the first to be informed on stock market tips and tricks as well as how-to's! https://www.investyourheartout.com/