Robinhood's claim to fame is that they do not charge commissions for stock and options trading. Their initial offering was a mobile app, aimed squarely at millennials, and in November 2017 they launched a website that they say “is the best one out there” for teaching new investors.
Robinhood's overall simplicity makes the app and website very simple to use, and charging zero commissions is appealing to extremely cost-conscious investors who trade small quantities. However, the offerings are, in fact, very light on research and analysis, and there are serious questions about the quality of the trade executions. Our Robinhood app review covers the most crucial pieces that a trading platform should deliver on.
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