Robinhood Instant

The fastest way to trade stocks. Instant access to deposits

#2 Product of the DayFebruary 24, 2016
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On behalf of Canada, we'll take Justin Bieber back if you offer Robinhood to our people.
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I echo that wholeheartedly.
@thecoolestcool sounds good, as long as we can keep rush, or at least geddy...
Still waiting for Robinhood to come to the UK! - game changer in the amateur stock trading industry
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@thejgr what are the plans for this?!
@adamcudworth Still waiting on the UK launch! Unless I'm wayyyyy behind and this happened already...
HunterHiring
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 have singed up in the first 12 hours since launch ๐Ÿ˜ฎ Ask @vladtenev @TheJGR and @bprafulkumar (who did a Product Hunt LIVE last week anything!
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@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 Robinhood app. This team has a great future ahead of it!
@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.
@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?
@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.
"Banking is necessary, banks not anymore" I strongly believe that or the banks acquire a startup attitude or they will be wiped by small gamechangers. Discover other gamechangers on the collection Bank of the future https://www.producthunt.com/@ltr....
@ltroisi75 Completely agree!
I love this! #FinTech puts the people first, looking forward to see what #StrategicPartnerships emerge in the next 18 months or so. I think I already have my 1st investment picked out too.
@vbarnett323 Right! Same! #FinTech WIN! ๐Ÿ™