We appreciated Robinhood whenever i started it since i have had invested tons of money on profits in the Fidelity

Robinhood is fantastic for lower income somebody. You can make reduced deals and average for the ideal without having any deal charges one to eliminate those with reduced investments during the other agents.

Transfer all some other broker such as for example Funding One Purchasing?

Given that other commenters has discussed, Robinhood can get you with hidden fees, in addition to customer care was terrible. Be careful using this app! Few examples lower than

step 1. I inquired Robinhood so you can contribute my shares in order to a charity. As opposed to other broker agents, they may perhaps not. To transfer my personal offers so you’re able to an agent who would, they recharged me good $75 fee. They would not waive they despite the charitable produce and you may even with my mentioning you to good $75 payment having a donation was egregious. Nonetheless they refused to facilitate the method (takes 5-7 business days, compared to. 1-3 days for the majority of broker agents).

2. It Spiritual dating sites took me twenty-four minutes just before I’d a customer service representative to the cellular telephone. That it used a few unanswered emails to help with more 4 weeks. I asked a manager if the he was embarrassed by the any of this at least the new hold off time to talk to a real estate agent that the guy answered Not really sir! Which is only the process right here and exactly how we do business.

2 weeks ago, I entered Robinhood. I deposit $ inside. We decide to get carries the afternoon immediately following The Year’s Time. A week ago, We moved inventory account out-of Fidelity in order to Robinhood and will also be when you look at the with the Friday. But once I realize your opinion plus the statements following I’m care and attention today! Will it be too-late in order to cancel it. In this case next exactly what should i carry out? Otherwise leave it truth be told there for the Robinhood?

4mos immediately after your post, this will come indeed far too late on precisely how to revert the move. But I might first put a suggestion To not ever close your bank account with people broker that have brings with it. Only end investing here, promote per inventory and you may move it on the cash. Following circulate the cash out and ask them to intimate the account. Opening a brokerage account during the providers which have membership minimums is often maybe not recommended. That way, Robinhood is great. However,, their greatness ends only about around! Its customer care is not just NONEXISTENT however, BLATANTLY Careless and you will Downright Harmful. I state Unsafe given that teeny little out-of Inventory Details they article regarding the an inventory could be Plain Incorrect, particularly PEs, Div. Yields, MktCaps, etcetera so buyers who don’t crosscheck they against cnbc or marketwatch otherwise other reliable sites are just ordinary SUCKERS! And you can worrying about any of it to buyers disservice simply Consumes A lot more of Some time! You can keep an attempt account using them But Get ready that they can close whenever the money runs out.

I’m however comparing holds

I recently started a free account having Robinhood two weeks before. We transferred $ on it. Yet, I haven’t purchase stock yet ,. I am nevertheless comparing the new stocks prior to I buy him or her. We decide to pick carries the day after The fresh new Year’s Big date. So far, We have no problem in it. But the other day, I transported carries regarding Fidelity to Robinhood due to the fact I do not particularly to spend exchange charges. Import is found on how and will enter for the Saturday. Since i have read your remark as well as their comments. Now i am worry. Would it be far too late so you can cancel the fresh new import?

We trust Peter. However, I’m providing frustrated with Robinhood today due to individuals errors one today pushes me to take a look at most of the inventory to make certain I am delivering the things i was due. age.grams. certainly one of my stocks broke up and announced good 50% stock dividend which i never ever got which have Robinhod. We seen that it inside my normal profile checkup. I merely first got it after i emailed Robinhood regarding it. Including, I did not get returns into particular cefs (HQH) and for my SNY inventory they posted the dividend double however, in-truth paid off myself only when. Another issue is that holds and you may etfs feel temporarily untradeable into the Robinhood (elizabeth.g. ACWV). I do not this is extremely reasonable to their users that you cannot get otherwise offer an inventory you want.