Robinhood opened in 2013 is a discount stock brokerage, founded by Stanford graduates Baiju Bhatt and Vlad Tenev. Robinhood launched to the public in 2014 as a mobile app for Apple smartphones and tablets. Android App went live in 2015. In 2017, Robinhood did over 30 billion dollars in trades.
Robinhood’s main target are millennials, insinuating that brokerage commissions are taking advantage of investors, and all that research offered by brokers is exaggerated.
The main feature of Robinhood is their commission-free stock trading compared to the big box brokerage firms that charge you more for information you can find elsewhere.. Robinhood offers no overbearing research reports, complicated analytics, etc. The assumption is that millennials will do their own research and data to make their own investment decisions.
So how much is the minimum deposit to open up a Robinhood Account? There is no minimum deposit. Best thing is if you open up an account, by clicking the link, https://referral.robinhood.com/philp30/ , both you and I will receive a free stock.
Try it out, a few swipes on your mobile device and you are set up. Beyond that once you get set up, you can refer your family and friends and acquire free stocks for spreading the word. Start building your stock portfolio now.
What do you have to lose?
Thanks for reading!!!
*This article is not meant as investment advice. It is based on my own research and opinion. Please do your own research and due diligence when it comes to investing into any type of investment vehicle.