https://www.zerohedge.com/news/2018-09-15/robinhood-investing-app-makes-millions-selling-users-data-

Discussion in 'Wall St. News' started by Banjo, Sep 17, 2018.

  1. Banjo

    Banjo

  2. FX_Hedge

    FX_Hedge

    Stole from the poor to make money and get rich. LOL!
     
  3. As if free commissions was a big deal anyway.
     
  4. smallfil

    smallfil

    MattZ likes this.
  5. I have opened an account....no fees isn't such a bad thing..p I don't have a ton of money in there but I know it's a pretty legit service
     
  6. Interactive brokers is a bucket shop yet people swear by them...
     
    aquarian1 and gkishot like this.
  7. d08

    d08

    Bucket shop? How exactly?
     
  8. They raise margin in crashes and auto liquidate your account at the worst prices... It's an age old trick... They dump huge market orders with your account without even an email
    ...
     
    gkishot likes this.
  9. d08

    d08

    While I agree that they definitely need to have a more stable margin model, I can at least understand the reasoning. They liquidate at market prices, as they should, what price would they be using, would you want them to speculate with your money during a margin call?
    It's still better that RH constantly taking money out of every trade you place and selling it as free.
     
    GRULSTMRNN likes this.
  10. I would want exhange margin rates all the time..and I want a phone call and or email before my account gets liquidated... Pretty basic....and that's what I get now....
     
    #10     Sep 17, 2018