The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Drip Investing - The Basics

URL:  https://boards.fool.com/i-think-one-of-the-biggest-deterrents-of-robinhood-34819287.aspx

Subject:  Re: New to investment - help! Date:  4/30/2021  1:48 PM
Author:  TheMrJones Number:  27986 of 27990

I think one of the biggest deterrents of Robinhood is the access or lack thereof to certain stocks. I know most Fools are trading penny stocks. But if you are looking for cheaper stocks, make sure they are listed on a major exchange like the Nasdaq or NYSE. Of course, if you want to buy penny stocks on Robinhood (https://pennystocks.com/featured/2021/01/26/how-to-buy-penny...) or even foreign companies stocks like Porsche, Volkswagon, and others, you're not likely to have the ability to build a position using the app.

Is it an easy platform to use, yes. But if you're an active trader, then you want to have access to the full offering of stocks in the market, in general.
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us