The Financial Regulation of the Industryįounded by Baiju Bhatt and Vladimir Tenev, Robinhood has seen significant growth since its inception in 2013.Is Robinhood legit? Is the Robinhood app safe? With these innovations in investing (especially being commission free and their referral program), Robinhood has quickly become the fastest-growing brokerage service in the United States.īut we're here to answer your questions about the overall safety of Robinhood. you will receive a free share of stock (up to $225) when you open an account and you get more free stock when you refer your friends!.you can now buy a half of a share or other fraction of you favorite stocks like Apple or Amazon or Netflix, and.you no longer need a $1,000 or more to open a brokerage account.Just like Uber changed the way people use taxis, Robinhood has changed the way people invest. Robinhood has turned the investing world upside down. With over 10,000,000 users as of the end of 2020, many people are starting to ask the question ‘ is Robinhood safe?‘ The leader in a lot of this innovation in the financial services industry is Robinhood.

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