📜  robinhood wiki (1)

📅  最后修改于: 2023-12-03 15:34:43.830000             🧑  作者: Mango

Robinhood Wiki

Introduction

Robinhood is a free mobile trading app that allows people to invest in stocks, options, ETFs, and cryptocurrencies without paying any commission fees. Robinhood was launched in 2015 and now has more than 13 million users. This wiki will provide an overview of Robinhood, how it works, and some tips for using it.

How Robinhood Works

Robinhood works by using technology to simplify the trading process. When you buy or sell a stock on Robinhood, the app routes your order to the stock exchange with the best price. Robinhood does not charge any commission fees, so users can save money by using the app. Robinhood also offers a range of features such as fractional shares, options trading, and cryptocurrency trading.

Getting Started with Robinhood

To get started with Robinhood, you'll need to download the app from the App Store or Google Play. Once you've downloaded the app, you'll need to create an account and link your bank account. After you've linked your bank account, you can start investing by adding funds to your Robinhood account.

Features
Fractional Shares

Fractional shares allow users to buy and sell stocks in smaller increments. For example, if a stock is trading at $100 and you only have $50 to invest, you can buy 0.5 shares of the stock.

Options Trading

Robinhood also offers options trading. Options trading allows users to buy or sell options contracts, which give the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price.

Cryptocurrency Trading

Robinhood also allows users to buy and sell cryptocurrencies, such as Bitcoin and Ethereum.

Tips for Using Robinhood
  1. Do your research before investing. Make sure you understand the company you're investing in and its potential for growth.

  2. Diversify your portfolio. Don't invest all your money in one stock.

  3. Monitor your investments regularly. Keep an eye on your portfolio and make adjustments as necessary.

  4. Keep an eye on market trends. Stay up-to-date on market trends and news that could impact your investments.

Conclusion

Robinhood is a popular trading app that can help users save money on commission fees. The app offers a range of features like fractional shares, options trading, and cryptocurrency trading. By following some tips, users can make the most of their investments on Robinhood.