In this video, I’m reviewing Robinhood brokerage account as a 6 years Robinhood user. It covers all the different perspectives and my comparison of Robinhood against TD Ameritrade, Vanguard, Fidelity, and Charles Shwab. More of the brokerage’s reviews are coming!

Timestamps:
00:00 Intro
00:54 1. fees and commissions
02:35 2. fractional share purchase
03:40 3. types of accounts offering
04:18 3.1. IRA
04:55 3.2. spending
07:10 3.3. gold
09:18 3.4 crypto
10:30 4. Investment options
11:06 5. trading platform
11:44 6. option trading
13:20 7. tax options
13:56 8. customer support

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LEARN MORE ABOUT: IRA Accounts

INVESTING IN A GOLD IRA: Gold IRA Account

INVESTING IN A SILVER IRA: Silver IRA Account

REVEALED: Best Gold Backed IRA

Robinhood has been a game-changer in the world of investing since its launch in 2015. The app quickly gained popularity for its commission-free trading and user-friendly interface, making investing accessible to everyone. Now, after 6 years in the market, let’s take a look at Robinhood’s latest offerings, including Robinhood Gold.

Robinhood’s platform has continued to evolve over the years, adding new features and tools to make investing even easier for users. The app now offers a wide range of investment options, including stocks, options, cryptocurrencies, and even fractional shares. The addition of fractional shares means that users can now invest in high-priced stocks like Amazon or Google with as little as $1.

One of the most recent additions to Robinhood’s platform is Robinhood Gold, a premium service that offers users additional benefits for a monthly fee. With Robinhood Gold, users can access margin investing, extended trading hours, and professional research reports. Margin investing allows users to borrow money to invest, potentially increasing their returns, but also comes with increased risk.

Extended trading hours mean that users can trade before the market opens and after it closes, giving them more opportunities to capitalize on market movements. Professional research reports provide users with valuable insights and analysis to help them make informed investment decisions.

In addition to Robinhood Gold, Robinhood has also introduced new tools to help users track their investments and make better decisions. The app now offers personalized investment recommendations based on users’ risk tolerance and investment goals. Users can also set up recurring investments to automatically invest a set amount of money at regular intervals.

Overall, Robinhood continues to innovate and improve its platform to ensure that users have access to the tools and information they need to succeed in their investing journey. With commission-free trading, a user-friendly interface, and a range of investment options, Robinhood remains a top choice for both beginner and experienced investors.

In conclusion, Robinhood’s full review in 2023 shows that the app has come a long way since its launch in 2015. With new features like Robinhood Gold, extended trading hours, and personalized investment recommendations, Robinhood continues to be a leading platform for investing. Whether you are just starting out or looking to diversify your portfolio, Robinhood offers the tools and resources you need to achieve your financial goals.