What platforms are we using for Stock Trading?

[aspkin]

I started off with a TD Ameritrade brokerage account years ago.. and found it clunky and expensive (back when they charged $10 commissions per trade)

After reading 'The Little Book of Common Sense Investing' I switched to Vanguard. It's solid but it's not meant for YOLO investing which is what all the cool kids are doing.

Later I opened a Robbinhood account... it's a breath of fresh air.

I'm not day trading like I used to but it's so nice to quickly open an app and purchase a security in just a few seconds. And with the ability to purchase crypto currencies recently added, I find that it's great.

I know the politics surrounding Robbinhoood but I don't care about that.. all I want is an app that is easy to use, looks good and is "free" to use.

It made it easy to be more proactive in my investing the past year which as everyone knows.. has been really good time to be invested in the market.

What platforms do you use? Pros vs Cons?

[agent006140]

you know trading is not really free,there is no free lunch.
I know many love Robinhood,but how is their customer service when you need them?

[DENDEN76]

I believe Robin hood gets paid for all the trades they send to their market makers. Anybody penny stocking?

[agent006140]

Picking penny stock winner ,may as well flush the money down the toilet.

[DENDEN76]

I highly disagree.

[Sausage]

Robinhood for US residents only, I use Capital for day trades and eToro for long term.

[aspkin]

Originally Posted by agent006140

you know trading is not really free,there is no free lunch.
I know many love Robinhood,but how is their customer service when you need them?

It's free for me... Robinhood makes their money selling transactions to 3rd parties.

I'll take that over paying $10 per trade.

[agent006140]

Most brokers do not charge commission any more,but some have better customer service and route your order to better market makers.
One way to find out is how long does it take for them to come to the phone when you need them?
That Robinhood guy who killed himself because he does not understand options,did try to contact customer service,

[glacier922]

Doesnt td ameritrade have free transactions as well now?

[rsot]

Originally Posted by glacier922

Doesnt td ameritrade have free transactions as well now?

https://www.tdameritrade.com/pricing.page

[aspkin]

They probably all do now but Robinhood app UI is superior maybe? I'm just saying it works well for me. That is all.

[agent006140]

Originally Posted by DENDEN76

I believe Robin hood gets paid for all the trades they send to their market makers. Anybody penny stocting?

there are newsletters on penny stocks,be the first to get in and dont forget to get out

[BlackLion]

Using RobinHood, and getting ready to sign up for "WeBull"

[HurricaneHuntr]

fidelity doesnt charge anything for etfs

[rsot]

Originally Posted by agent006140

there are newsletters on penny stocks,be the first to get in and dont forget to get out

Be very careful with these "newsletters"

[Technotronic1986]

Td bank and robinhood

[rsot]

Canadian bank CIBC trading platform had huge issues for beginning of the day yesterday - lot of irritation for ppl

[Liolla]

I've read a lot of reviews about WeBull. What do you think is worth registering on this exchange?

[rsot]

Originally Posted by Liolla

I've read a lot of reviews about WeBull. What do you think is worth registering on this exchange?

Hasn't been available to ppl in Canada so I remember being unable to test it out last I checked

[harminder86]

It's gambling

[rsot]

Originally Posted by harminder86

It's gambling

Not at all the same if you analyze it well

[JerryGoddard]

Currently Robinhood, and I did not have any bad experience with themso far.