Tech firm aiming its sights at brokers: Robinhood - free brokerage

Discussion in 'Wealth Creation & Management' started by aleks, Apr 16, 2015.

  1. Golightly

    Golightly Well-Known Member Silver Stacker

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    I saw this guy getting interviewed on the keiser report, it's a good system

    Edit actually totally different group, one I was thinking you pay a membership to guys who created a program that front runs the front runners, and puts % of gains back into startups, will have to find the link
     
  2. aleks

    aleks Well-Known Member Silver Stacker

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    RIP Comsec
     
  3. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    And Bell :D
     
  4. goldpelican

    goldpelican Administrator Staff Member

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    This is now on Android. Not sure about Australian availability yet.

    It's not for daytrading though unless you keep a decent cash buffer in there - T+3 settlement before you can reinvest.
     
  5. House

    House Well-Known Member Silver Stacker

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    Just used it. 16,816 now ahead of me!
     
  6. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    I'm one of those 16,816 :cool:
     
  7. col0016

    col0016 Active Member

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    I used it as well. I don't know why I didn't 4 months ago haha 16,820.
     
  8. aleks

    aleks Well-Known Member Silver Stacker

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    It won't make much of a difference, they probably just want to gauge how many people are on the hype train :p
     
  9. goldpelican

    goldpelican Administrator Staff Member

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    They have just announced Robinhood Instant - no more 3 day waiting for deposits or proceeds of sales to clear before being able to re-invest. Again, there's a waitlist you can get bumped up if you can refer someone.

    My signup link is http://tinyurl.com/zt75xyp - there's no affiliate commissions etc, I just get bumped up a waitlist for the new feature set if you sign up via that link the first time and open an account.
     
  10. House

    House Well-Known Member Silver Stacker

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    How'd I miss this... #26,898 in line!
     
  11. aleks

    aleks Well-Known Member Silver Stacker

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    FOR THE LOVE OF GOD WILL THEY HURRY UP WITH THIS AUSTRALIAN LAUNCH.

    I'm hoping this will eventually translate into some serious competition for the super industry.
     
  12. col0016

    col0016 Active Member

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    I'm 115th in line :)
     
  13. aleks

    aleks Well-Known Member Silver Stacker

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  14. aleks

    aleks Well-Known Member Silver Stacker

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    Just saw on their blog that they are now open to Chinese residents for US listed stocks. Well done straya, a communist country with capital controls is proving to be easier to access :rolleyes:
     
  15. col0016

    col0016 Active Member

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    Ask Uber how our government feels about disrupting the status quo using technology.
     
  16. dollars

    dollars Active Member Silver Stacker

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    any recent feedback from Australian users?
     
  17. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Whats the go with money in my account but not invested. It says they invest it and keep the interest.

    What happens if they go under while my un-invested money is in their cash management account?
     
  18. teej

    teej Member

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    Just signed up using the first referral link I found, this looks very promising!
     
  19. matt_kcd

    matt_kcd Member

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    How are you guys using this?
     
  20. aleks

    aleks Well-Known Member Silver Stacker

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    The members that have been using it are in the US, still waiting for it it launch in Australia :(
     

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