To open up a good Robinhood account, all you need is the term, address, and you will current email address

As its newest strategy, Robinhood try giving out a totally free Inventory (valued during the $5 so you’re able to $500) to anyone that reveals a different sort of membership it few days for individuals who click on the promotion picture below. Up coming, after you unlock and you will finance Your bank account with at the least $ten, you will receive even more free stock (again valued within $5 to help you $500) to own referring your friends and relations. The Furfling mobile greater amount of someone your send, the greater amount of you earn. Click on this promotion below to begin with your Robinhood account app and have your first stock free of charge.

Incentive Tip: Make use of this relationship to rating a percentage off inventory stock having free (up to $five-hundred worth) once you open and you will finance your account with about $10: sign up for Robinhood now, you are getting that display regarding a stock which is cherished between $5 and you can $five-hundred. Additionally, for each friend you refer, you’ll found Several other totally free share out-of an inventory appreciated in the around $five hundred. That is perfectly legitimate and get more free offers for every family member or friend you recommend.

So why do they provide away much totally free stock? As they invest the advertising bucks like that as opposed to to buy Television, radio, print, or on line advertisements! They require you to definitely refer household members!

Was Robinhood Protected?

YES�Robinhood is absolutely safe. Your money on Robinhood is safe doing $five hundred,000 having ties and you may $250,000 for cash says because they are a person in the latest SIPC. Also, Robinhood are a securities broker and as such, securities brokers is managed of the Ties and you can Change Commission (SEC). Including, I happened to be one of the primary one hundred,one hundred thousand to start an agent membership which have Robinhood from inside the 2014. I setup a few $a hundred dollars and made certain investments only to try it out. I desired to ensure that the fresh new carries was indeed listed correctly hence my personal orders have been done securely. And you will sure, my personal trading have been made safely in addition they was indeed payment free!

After a few months from successful trade, I ended up selling everything you together with Robinhood import my cash return to help you my checking account. It performed thus instantaneously. No problems. No concerns requested. We actually emailed them to here are some its customer service and you can I got a reply contained in this 4 days.

However transmitted the cash Back again to My personal ROBINHOOD Membership and you will this is when I today cut and you will invest for the a month-to-month foundation. Over the last while, I’ve made actually 2 hundred+ investments and never got one difficulties with requests performing otherwise which have my personal complete prices. And sure, Robinhood try commission free!

Concurrently, the firm has numerous most other precautions set up to guard your bank account and study. Thus, exactly how can be your Money safe?

About Its Financial Controls

While the Robinhood is actually a ties brokerage, the company was controlled because of the Securities and Replace Commission (SEC) identical to every brokerage firm.

The newest SIPC handles to $250,100 for money claims and you can $five hundred,000 for bonds�very 99% regarding investors have absolutely nothing To bother with.

Purchases to This new Dealers

Robinhood, whilst will not charge commission and because it permits users to open up an account having as low as $10, has been accused away from posing a danger for the new and you will novice investor.

The brand new people typically don’t have a lot of currency and are only getting started. Very which have Robinhood capable unlock an account and buy simply 1 or 2 offers of the favourite holds and you can businesses and maybe not lose money expenses income. You prefer step 1 share from Apple�no problem! We would like to get $a hundred away from Starbucks? Nothing wrong. You could do you to definitely on the Robinhood rather than spend income.