Since 2013 Robin hood has explode the market with millions of traders signing up everyday. Almost every time you turn on the tv you see television ad of someone trading stock. Over 20 million people across the globe has a Robinhood account. Robinhood is in places like Europe, Tokyo, Japan, africa, Asia, you name it people have account with them. Everybody nowadays they want to get into stock market and they found out that the most inexpensive way to get into is robinhood because they don't charge no fee. Robinhood is free to sign up all you have to do is put in your SSN, name, DOB and more of your personal information.
In this pandemic that we are currently in right now the amount of people who signed up has double it went up to like 2 million. People today are realizing that investing in stocks is becoming more important because there is an easy way to make your money work for you. Robinhood provides services such as cryptocurrency, etfs and you buy fractional shares. Myself personally I have a Robinhood account I normally don't be on it that much because I'm using other platforms such as TD Ameritrade we talk about that in another article or so.
As you can see Robinhood growth has increase especially since this pandemic. I find that strange because you think that no one apply for a robin hood account due to this corona virus. People are taking more risk and going for it. This is a great thing because it shows people are willing to make a difference in their lives. Im glad those 2 million people signed up because we are all in the same boat. Robinhood has amazing upgrade called gold. This allow you to trade, sell and buy bigger stocks. This upgrade gives you more variety towards what you want. I think most people are going to want that eventually because they would to expand in Robinhood.
Robin hood is one of the best free platform you can trade on because it gives you so many options to choose from. A surprising fact that I found out is that 6/18/20 robinhood had additional 10 million users. This is great because I said earlier people are making better choices with their money.