Who/What is Robin Hood???
Etrade, Ally, Ameritrade, all stock brokers that need to be on the look out for a thief in the night known as Robin Hood, the new stock broker in town. With this company's approach on the stock market the name Robin Hood couldn't have been placed better.
How does it own up to the name of the legend that steals for the rich and gives to the poor you might ask. Well that's plane and simple. $0 commission fees. Not only does it give you a much wider profit margin but it also makes you stop and think why did you ever pay commission fees in the first place. Not having to pay for every single buy/sell or trade is extremely appealing especially to younger and newer investors who are looking to get into the market with little to no money.
Little to no money??? Robin Hood takes it even a step forward by providing free shares of stocks. Free shares??? Yes, free shares. Robin Hood has found a way to create a referral program through the app which rewards it's users with free shares. Using a referral link from a user who has Who has already established a portfolio through the Robin Hood app will result in two free shares divided among the two parties. Remember we said zero to no money this is where that comes into play.
Someone who is looking to take zero risk doesn't even have to put in a dollar amount to build their portfolio. All one really has to do is get a strong following for a strong referral-based portfolio. Meaning, a Robinhood user can totally build their whole portfolio from free stock due to referrals.
Now if you think of all the point I just brought across and had to fit them in one category what would it be? I would go with accessibility. Not only do they make it easier for the small budget investor but they also make it easy to use and track by being app-based. All you need to get started ad continue out your stock career is the app and a smart phone to work it from.
Robin Hood is looking to take the stock market by storm and with the features they already have implemented it just a matter of time. Don't catch the train late when there aren't anymore seats. Click the link below and sign up for you FREE STOCK today.