Though I did not claim the offer, all of the apps I tested award users one free stock as a perk of signing up.Īlso, importantly, all of these services are commission-free. This experience is standard across all services. Over the last couple years multiple APIs were obsoleted by their providers (Google Finance, Morningstar) and as I am no longer a RH client I have no time to keep up with those changes. This app is relying on pandas-datareader for stock historical prices. To open accounts with each of the apps, I had to answer a lengthy list of questions, from my investment experience to a lot of personal identifying information, and then input my banking information. Many parts of this repo should be viable as long as the Robinhood API stays the same. Besides contributing to a 401(k), I've stayed away from any other investing. If I were to invest in one, that would be a conflict of interest and would land me in hot water with my employer. Those roles come with strict rules on what I can and can't do in terms of investing.įor example, I write a lot about meme stocks like GameStop and AMC.
I started my professional journalism career at Bloomberg and am now the Millennial Investing reporter on the markets team at Insider. I will start by saying I've never done this before. Retail traders complained of the app's market manipulation during the GameStop frenzy, and other critics have said Robinhood makes investing too much like a game. The platform has seen its fair share of criticism. While the company's revenue hit 565 million in the second quarter thanks in part to a surge in crypto trading its third-quarter revenue dropped significantly to 365 million. The trading app publicly filed its long-awaited initial public offering Thursday, revealing staggering growth and a spat of risk factors related to dogecoin and lawsuits, among other things.Īt the end of the first quarter, the company had 17.7 million active users, an increase of 6 million in three months despite scrutiny for halting buying of GameStop shares in the app in January. Robinhood went public in July 2021, trading on the Nasdaq under the ticker symbol HOOD. Robinhood launched in 2013 hoping to "democratize finance for all," and it quickly gripped new and young investors wanting to try their hands at retail trading.