Incredibly disappointing. Have gone from "democratizing stock investing" to democratizing levered speculation, an empirically proven wealth-destroying strategy. Even using cutesy language -- "Gold buying power" -- to make margin trading more palatable to retail investors.
"Robinhood". The irony.
@jsandlund margin trading is like credit card debt, and coupled with fees and taxes on churn they would do better creating real investor education tools
I have been using Robinhood Gold for a few months and it has been a surprisingly great experience. My only complaint is the large gap in tiers from 12-24k.