SIPC Says It Has Serious Concerns About Robinhood's New Product https://www.bloomberg.com/news/arti...erious-concerns-about-robinhood-s-new-product
Exactly, .I opened the account in February with a little money just to test it...liked it so much that 98% of my trades this year have been through robinhood. Added more money to the account and will probably move one of my other accounts to them as well... I have saved over $2000 worth of commission this year alone!!!
It's legitimate, I have made over 200+ trades.... Haven't spent a dime...out of the 3 brokers i use, 95% of my trades this year have been through robinhood. Saved over $2000!!!! Spending even $4.95 a trade in 2018 is a complete rip-off!!!
You don't understand opportunity cost, order flow and free lunches. Different strokes for different folks
Could care less...when I put my order in to buy a specific amount of shares at a specific price and it fills I get what I wanted right?
Looks like SIPC reported the Robinhood situation to the SEC. Will be wiating to see how the SEC reacts
NO ! You still aren't getting it, although the methodology has been explained to you in detail on other threads. If you were entitled to a better execution (even on a limit order) and you didn't receive it you got screwed.