Would be interesting to see the outcome if one made a bid for them. I use them, I will say it has its pros and cons like any other broker. 2 pros is definitely the 24/7 trading on a group of stocks that I usually trade and second the options are a bit easier formatted to use vs other apps I have tried. Cons Cannot short stocks And cannot edit trades once placed. I could add more pros and cons but these are the ones for now.
And: unfortunately currently (or still after even so many years) accepts US residents only... I'm unfortunately residing in a european SHC regarding trading & brokerage firms; in this respect IMO even a 3rd World country... It's the DAX country...
Those are big deficiencies for active traders but then again that is not the clientele they are trying to attract.
Just learned from their website that not only stock trades are commission free (nowadays all brokers have $0 for stock trading), but now also options trading has become $0 per contract! (other brokers charge $0.65 per contract).
The following is the link to their options page where the said $0 per commission is stated: https://robinhood.com/us/en/about/options/ Let us know about your findings. But their web site seems not to be maintained well as some links are broken/dead (for eample on the above page there is at left bottom a link to "Options", but which a) has the same URL like above, and b) but which now brings a 404 error!... Ie. SNAFU ):
Thanks. Incredible. The co. is worth billions and refuses to have a perfectly functioning website. Recall how they screwed their customers who were trading meme stocks.
%% LOW price for a stock\ that far from an IPO, maybe get bought out. barchart.com has 56% buy on IBKR \ HOOD; 72% on SCHW. But SCHW+ IBKR are nice on price. NOT a stock tip or hoodlum or Big hoodie fan