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Comments on “Robinhood Instant”
Posts » Robinhood Instant » Comments » Comment
Niv Dror@nivo0o0 · Writer/Social Editor @ProductHunt
So as many of you know... Robinhood doesn't charge you any commission for trading stocks (which means that you can literally buy 1 share, or 10 shares, or just $100 worth of stock, which does not make sense with traditional brokers). Now with Instant, Robinhood is fronting you $1000 so you can start investing as soon as you sign up. Over 100,000 people hav… See more
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Adam Marx@adammarx13 · CEO, Glipple, Inc.
@nivo0o0 @vladtenev @thejgr @bprafulkumar I really love this. When I signed up for and started trading with Robinhood, I was a little impatient at having to wait the three days (though I understood their reasoning). This, however, seems like a great solution for a middle-ground and something that I think will help attract a lot more new customers to the Robi… See more
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Dan Simon@usersready · COO of UsersReady
@nivo0o0 @vladtenev @thejgr @bprafulkumar you need more. switching costs are too high. I am your perfect users but I won't change away from eTrade (not because the tech is good)- switching costs are too high.
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Simon Bromberg@shimmb · iOS Engineer @LifeBEAM, sbromberg.com
@nivo0o0 @vladtenev @thejgr @bprafulkumar How does the $1000 fronting work? Do you have to pay it back within a certain amount of time or something?
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Erwin James Will@ejameswill
@shimmb form what I understand if you transfer $1000 or less then Robinhood will front you the money until the transfer is complete so that you don't have to wait to invest or wait for a payout to clear.
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