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Should you invest large sums of money into Robinhood?

WHAT IS ROBINHOOD?

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Robinhood is a free to join stockbroker and electronic trading platform. Robinhood is available in all countries with the exception of Cuba, Iran, North Korea, Syria and the Crimea Region of Ukraine. Browse the latest stock market news from Reuters, The Wall Street Journal and more, checkout the most popular stocks available, get Robinhood Gold and even manage your funds directly from your Robinhood debit card where ever mastercard is accepted around the world.

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HOW DOES ROBINHOOD MAKE MONEY?

Robinhood earns revenue from investments, transfers and gold premium upgrade fees.

HOW TO EARN WITH ROBINHOOD?

To earn as a member of Robinhood simply invest in the right stocks and invite others.

WHO IS BEHIND ROBINHOOD?

Robinhood is owned and operated by Robinhood Markets LLC. a company located in California.

WHEN WAS ROBINHOOD ESTABLISHED?

Robinhood was established in 2013 but the mobile app was officially released in Aug, 2015.

WHERE CAN I FIND ROBINHOOD?

To find Robinhood simply visit the Robinhood website. To find the mobile app, go to Google Playstore, Apple (ios) Appstore and Amazon Fire OS.

HOW WILL ROBINHOOD PAY ME?

To get paid for your work as a member of Robinhood first you'll need to link your bank account or have a Robinhood debit mastercard. Cash from referrals stocks require a minimum of 30 days in your account before you can withdraw. If your using margins on Robinhood Gold you'll need to maintain a minimum of $2,000 in your brokerage account to borrow, to borrow below $2,000, simply turn off margins.

PROS & CONS

PROS:
  • Get free stocks
  • No investment required to earn
  • Direct referral program

CONS:
  • Plenty of Critcical reviews on mobile app
  • Plenty of negative trust pilot reviews

SHOULD YOU INVEST LARGE SUMS OF MONEY INTO ROBINHOOD?

So what's the deal? Should you invest large sums of money into Robinhood? No! My opinion is to invest nothing at first, afterwards try to invest a small amount and work your way up to a more reasonable amount worth the risk.

CONCLUSION

After carefully reviewing Robinhood I've decided to rate this app as testing. Robinhood appears to be sophisticated and I'm getting more familiar with the platform each day but it looks very promising to say the least.

What I like the most about Robinhood is the free stocks you receive for signing up and for inviting your friends, so this means you are never obligated to invest money out of your own pockets and neither does your referrals.

Okay, you've heard some bad and good things about Robinhood, if your still interested in trying Robinhood, give it a go. Consider using my referral link at no cost to you. Simply copy & paste > https://join.robinhood.com/leons366 < to join.


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