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Is Robinhood Investing Dangerous?

The Robinhood investing app has attracted ten million users. But is Robinhood investing dangerous or a good idea? Robinhood Markets, Inc. offers online investment in stocks, options, and ETFs as well as cryptocurrencies. https://youtu.be/9BS9UIhHHfw

Is Robinhood Investing Dangerous?

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Is Robinhood Investing
Dangerous?
By
www.ProfitableInvestingTips.c
om
https://profitableinvestingtips.com/profitable-
investing-tips/is-robinhood-investing-dangerous
Ten million people, largely millennials,
use the Robinhood investing app. Is
Robinhood investing dangerous or a
good idea? Robinhood Markets, Inc.
offers online investment in stocks,
options, and ETFs as well as
cryptocurrencies.
https://profitableinvestingtips.com/profitable-
investing-tips/is-robinhood-investing-dangerous
The company has no offices for
investors to visit but rather is
accessible via iOS (Apple) and
Android devices. Individuals can
trade without incurring fees. It
allegedly only makes money based
on interest from customer cash
balances and lending for margin
trading. But, there are a few issues
of which customers should be aware.
https://profitableinvestingtips.com/profitable-
investing-tips/is-robinhood-investing-dangerous
Is Robinhood Investing
Dangerous?
https://profitableinvestingtips.com/profitable-
investing-tips/is-robinhood-investing-dangerous
Although the company has occasionally
blocked investors from buying or trading
some stocks that they consider
dangerous, many Robinhood users tend to
buy and sell equities that are not all that
secure. Issues with the company itself
include evidence uncovered and published
by Bloomberg that it earned about half of
its income by routing orders to companies
that paid for order flow.
https://profitableinvestingtips.com/profitable-
investing-tips/is-robinhood-investing-dangerous
They were fined by FINRA in 2019for
not disclosing this. Another issue
that came to light in July 2019 was
that Robinhood stored customer
information in clear text on their
sites making such information easier
to steal than if it were encoded.
Ad

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Is Robinhood Investing Dangerous?