Low commission for retail traders

Discussion in 'Retail Brokers' started by hurricane_sh, Apr 17, 2016.

  1. byteme

    byteme

    Yes, it's mobile-first. Welcome to 2016...but they are also working on a web platform now.
     
    #31     Jun 15, 2016
  2. Until now, Robinhood did NOT provide web trading in PC? (I didn't know it)

    Hope to join them after they make NEW platform for web. At least phone cannot provide what I want (e.g. large chart)
     
    #32     Jun 15, 2016
  3. Handle123

    Handle123

    My biggest threat with retail brokers was will they pick up the phone in couple rings in my beginnings. You have a small account, either data stops, PC freezes, electric goes out in area, whatever, I needed to get out, so back then didn't care if I had to pay a little more for better service, it only takes one time of not being able to reach them and lose sizeable money. As soon as it was feasible, bought another PC and opened another account at different broker for back up then hunted for cheaper brokers.
     
    #33     Jun 15, 2016

  4. Good to hear that
    1) For possible electricity/internet shutdown, we need to prepare always an alternative such as phone trading.
    2) Prepare at least several brokers for sudden commission change.
     
    #34     Jun 15, 2016
  5. marsman

    marsman

    Here are some weak-points of mobile net listed:
    http://www.computerworld.com/articl...apps-are-miserably-insecure-leaky-messes.html
    The point is to use safe and strong encryption, and of course also strong security also at the server side...

    Regarding attack vectors see these:
    https://en.wikipedia.org/wiki/Mobile_security
    http://www-01.ibm.com/common/ssi/cg...lfid=WGL03074USEN&attachment=WGL03074USEN.PDF
    https://www.owasp.org/index.php/Projects/OWASP_Mobile_Security_Project_-_Top_Ten_Mobile_Risks
     
    Last edited: Jun 15, 2016
    #35     Jun 15, 2016
  6. Most agrees that phone trading is "MISERABLEY INSECURE".
    PC/laptop trading with frequent OS-formatting may be securer than phone.

    I do not prefer phone or some OS that is intentionally hard to format freshly.
     
    #36     Jun 16, 2016
  7. byteme

    byteme

    #37     Jun 16, 2016
  8. marsman

    marsman

    That's your own interpretation... :D
     
    #38     Jun 17, 2016
  9. byteme

    byteme

    Your words about safe and strong encryption and strong security at the server side leaves no other interpretation.

    The same applies to browser and desktop applications - where there is a much higher prevalence of viruses, trojans, key loggers, potential for injection, xss, phishing etc. (compared to a fully native mobile app)

    So, leaving aside badly coded apps that equally applies to the desktop and browser, an attacker would most of the time need physical access to your phone and jail break it or otherwise need it tethered to a laptop in which case your laptop is compromised and the desktop trading you have installed there is also compromised. So, I'm failing to see how trading apps on phones are inherently less secure than browser or desktop equivalents - quite the opposite actually. Again, developer laziness aside.
     
    #39     Jun 17, 2016
  10. Everyone has all different opinion. For me, one best way is to fresh-format frequently.

    Unfortunately, some OS does NOT allow frequent format by users.
     
    #40     Jun 17, 2016