Axxowiz
24
I use Schwab as well as Etrade but both charge a fee (Although Small) for trading foreign stocks otc unless they are listed on the NYSE.
Think of Robinhood as more of a long term tool the only negative that I ran across is they don’t reinvest dividends but put the balance in your account the good news is you can buy stocks by the shares or by dollars to pennies so if your dividend let’s say was $42.27 but the stock price was $200 you could just reinvest the $42.27 in the stock yourself no charge.
Imho it isn’t a good platform for active trading but a very good one for grabbing foreign stocks, or buying stocks that are very expensive like Amazon you could buy in cash the amount you want. Schwab allows you to buy individual chunks in certain stocks, but Robinhood you can buy any amount you want in any stock.
Another good thing on Robinhood you can buy crypto coins free of charge as well. I use 3 platforms etrade is my day trader for options I love the interface on etrade pro. Schwab is good as well and that is were my 401k is. Robinhood is were I buy niche foreign stocks and Bitcoin.
I highly recommend trying Robinhood it’s secure and no minimum starting balance when I joined.