Reddit and the Robinhood stock-buying app took over Wall Street, but many Robinhood users are not happy with the app they use to purchase shares of stock.
After Redditors ran up the price of several stocks including GameStop, Robinhood halted new purchases. On Friday, the app again restricted GameStop share purchases to just one per transaction. Also on Friday, users learned that Google deleted nearly 100,000 negative reviews in the Google Play Store to help protect Robinhood's 4-star rating.
Robinhood gained popularity with new stock traders because it is very easy to use. A few minutes after linking a bank account with the app, a user can be trading shares of stock, but Robinhood isn't the only app that allows even the most average Joe to purchase shares of stock.
Here are a few options:
E*Trade is one of the oldest stock trading websites and apps. It too is easy to use and it has more information and analysis of companies than Robinhood. In addition to buying and selling shares of stock, users can buy options, mutual funds and crypto-currency. Users can also open savings accounts.
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February 02, 2021 at 04:42AM
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What the Tech? Apps that allow you to purchase stocks - WRCB-TV
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