Robinhood has changed the way everyday Americans invest — but is it really as easy and rewarding as it looks?
Investing in stocks is quite different in the US than other countries. Most trading platforms in the US are now commission free.
It wasn’t always that way. In 2015 Robinhood launched its product with zero-commission trading. Since then most big brokers got rid of their fees — which used to be around $5-10 per stock/ETF trade.
I personally use Robinhood for a lot of trading, but over the years I’ve realized that single stock trading is too exhausting and I prefer focusing on a few indexes and ETFs.