For many millennials, the thought of paying expensive investment fees and commissions can be scary enough to discourage first time investors from entering the market. The days of paying $10 per trade are ending, thanks to the folks over at Robinhood, who are creating an investment platform for people looking to make their money more active. Robinhood’s platform is not only simple to use, it takes the confusion out of investing. With a $0 account minimum, there is no risk to giving Robinhood a try. Here’s how it works…
2) Create an account
3) Start trading in minutes, for free!
I just created my own account in less than 5 minutes. Now I’m researching the stocks I want to invest in… Facebook, Amazon, Snapchat, Tesla, Google, Netflix… the possibilities are endless. What stocks are on your watchlist? Let us know in the comments below or mention us on Twitter.
What does the future look like at Robinhood? This past fall, the company announced the launch of Robinhood Gold, a premium offering that is Robinhood’s vision for how the next generation of experienced investors will interact with the stock market. While Robinhood’s base product is a fantastic option for first-time investors, Robinhood Gold provides experienced investors with pre/after hours trading, additional buying power, and instant deposits.