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Category: Robinhood

Robinhood Free Stock Promo 2021: Earn Up To $225!

By Matthew Cerminaro on May 1, 2021

The world of investing has changed a lot in the past decade as brokerage services have made it easier than ever to execute trades at no extra cost. At the forefront of this zero-commission revolution is Robinhood who also is in the spotlight for its free stock program that is going on right now. Brokerages […]

Why Does Robinhood Need Your Social Security Number?

By J. Thomas on April 27, 2021

Today, many of us raise an eyebrow when someone asks for our Social Security number. Whether it's online or in physical form, people have become much more skeptical about giving out personal information. Fraud On The Rise This practice is completely understandable when you look at the growth of identity theft cases over the past […]

Who Does Robinhood Clear Through?

By Logan Robison on April 24, 2021

In every transaction involving a seller and buyer, there is a middleman known as a clearinghouse. The role of this middleman is very simple: ensure the timely and accurate execution of each transaction. The existence of a clearinghouse is essential to help markets work efficiently and to establish trust between consumers and financial institutions. These […]

Robinhood IPO Explained: What To Know

By Cari Scribner on April 23, 2021

Robinhood, which was valued at around $11.7 billion last year, is reportedly planning an Initial Public Offering (IPO) as early as this month. The move comes in the wake of the recent controversy surrounding its financial footing after stocks including GameStop underwent radical ups and downs. The popular online investing app was in a cash […]

How To Buy Dogecoin On Robinhood In 2021

By samuelpennington on April 20, 2021

Investors usually take notice when a particular asset experiences a sudden and dramatic spike. This is exactly the case with Dogecoin, which is up over 400% in the last week. For those interested in adding Dogecoin or other cryptocurrencies to their profile, you may wonder if Robinhood is a good place to get started. In […]

Can You Day Trade On Robinhood?

By Cari Scribner on March 29, 2021

Robinhood is a 100% free trading platform. They do not charge any hidden fees and there are no strings attached. Don’t have the cash to open a sizable account? No worries. Robinhood doesn’t have a minimum balance requirement, which means you can get started investing right away. But is this platform suitable for all investors […]

Robinhood Penny Stocks For Beginners In 2021

By Matthew Cerminaro on March 28, 2021

When it comes to investing in the stock market, one of the first decisions to make is what brokerage to invest with. As you are making this decision, it is important to consider what types of investments you are looking to make because different brokers will specialize in particular assets and investing styles. For example, […]

How Does Robinhood Margin Work For Beginners?

By Cari Scribner on March 26, 2021

Trading on margin can be risky business because you are investing with borrowed money. If the stock takes a downturn, you will lose not only your own cash but also the money you borrowed from Robinhood. On the other hand, if the stock sees an increase in value, you can see higher returns that if […]

Where Does Robinhood Store Crypto?

By Logan Robison on March 25, 2021

Many have often wondered where to store their cryptocurrencies. Often, this question has been met with confusion about cold vs. hot wallets and how to make sure these wallets are secure. For users who trade crypto on Robinhood, the answer is not as clear as one would like. The solution? Both. What Is Robinhood? Robinhood […]

When Does Robinhood Release Tax Documents?

By Jenna Doege on March 19, 2021

There can be plenty of questions that go through your head when tax season approaches. We have done the research for you in regards to understanding the intersection of Robinhood and your taxes. Robinhood Tax Forms The document you will receive from Robinhood is called a 1099 form. This reports various income streams you receive […]

What Account Types Does Robinhood Offer?

By Cari Scribner on March 15, 2021

Robinhood Financial is an online investing app that offers three types of accounts, each designed to suit your specific investing and financial needs. Robinhood Instant is the free, default account type. Robinhood Gold is the premium account type that offers extra buying power for $5 per month. You can downgrade to a Cash account from an […]

Robinhood Crypto Review 2021: Best Place To Buy Bitcoin?

By Logan Robison on March 10, 2021

If cryptocurrency truly is the money of the future, it’s about time we dive into one of the most well-known purveyors of the asset, Robinhood. Though known for its free stock trades, Robinhood also allows its users to buy and sell cryptocurrency. Robinhood allows its users to place orders for over 7 cryptocurrencies and track […]

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Power Your Investing

Choosing the right product and service is essential for your investing. Here are some of the tools and services to help your portfolio grow.

Robinhood

Robinhood provides an easy-to-use free trading platform for beginner investors. Robinhood has $0 account minimums. Get a free stock when you open an account below.

M1 Finance

M1 Finance offers a free investing platform where users can build portfolios of stocks and ETFs. Users can also choose from a variety of pre-built portfolios offered for free.

Fundrise

Passively invest in private real estate deals with as little as $500. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee.

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