Monday, November 7, 2022

Using Robinhood for Trading Stocks

 So you are wanting to get into stock market but you do not know where to start, and maybe you are wondering what Brokerage to use. For those who are wanting to get their feet in the market and are looking for a good brokerage to start with, personally I think Robinhood is a great brokerage to start with. There are many brokerages out there, and no. I have not tried them all but I have tried a few. Out of the ones I have used, Robinhood stands out as an excellent brokerage firm for beginners and more seasoned investors as well. Not to get into too many details but i will give just a few reasons why I recommend Robinhood. 1. Great Customer service. Any problems i have had, the support team at Robinhood have always been very prompt in getting back with me and trying to resolve the problem.


2. Very simple interface. The trading platform is very user-friendly so even a novice can navigate the sight with ease.


3. Instant deposits. As soon as you make a deposit you can immediately make a trade, even before the deposit clears


4. Fractional shares. Unlike some platforms I use, Robinhood lets you buy fractional share in companies, which enables you to buy shares of big companies without having to buy a whole share, This is good for those without a lot of capital to invest. 


So in my humble opinion. Robinhood is a legit brokerage and also a good starting brokerage for the novice as well as the experienced investor.

Saturday, October 22, 2022