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Robinhood Instant — The fastest way to trade stocks. Instant access to deposits
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@nivo0o0 @vladtenev @thejgr @bprafulkumar I really love this. When I signed up for and started trading with Robinhood, I was a little impatient at having to wait the three days (though I understood their reasoning). This, however, seems like a great solution for a middle-ground and something that I think will help attract a lot more new customers to the Robinhood app. This team has a great future ahead of it!
@nivo0o0 @vladtenev @thejgr @bprafulkumar you need more. switching costs are too high. I am your perfect users but I won't change away from eTrade (not because the tech is good)- switching costs are too high.
@nivo0o0 @vladtenev @thejgr @bprafulkumar How does the $1000 fronting work? Do you have to pay it back within a certain amount of time or something?
@shimmb form what I understand if you transfer $1000 or less then Robinhood will front you the money until the transfer is complete so that you don't have to wait to invest or wait for a payout to clear.
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I love this! #FinTech puts the people first, looking forward to see what #StrategicPartnerships emerge in the next 18 months or so. I think I already have my 1st investment picked out too.
I have a few friends that use your service --- they love it --- as soon as I get some money and stop spending on development (haha) I'll start investing on this platform for sure!
Any idea how they provide the instant access to deposits? What I mean is, is there a technological innovation, an innovation in deals with the exchanges, or just a whole lot of insurance money involved?
Looks interesting. Had a bad experience with Robinhood the first time though. Applied for an account and to this date, I'm not approved. And there is no way I can find out why or what happened. :(
This is incredible for anyone who uses Robin Hood! Although I think it should have been a feature from the start
Would love to hear from the team about the technology/banking infrastructure needed to make this happen. Super exciting feature.
@connorlandgraf Your not the only one - I'm very excited to use this. Whats the plans for expansion into the UK @vladtenev @TheJGR @bprafulkumar?
Hands down the best startup in the world,
go Robinhood!
Now I just need to move to the US to start use it.
@sethlouey How have your results been, were you an experienced investor to start with? I'm thinking that it is an excellent entry point and maybe eventually you can follow "power" users. Just a thought.
@vbarnett323 I was an entry level investor. Robinhood makes it really easy to get into the investment game, but I do wish that there were features or maybe tips on how to invest better via newsletter or some other information through Robinhood.
On behalf of Canada, we'll take Justin Bieber back if you offer Robinhood to our people.
Still waiting for Robinhood to come to the UK! - game changer in the amateur stock trading industry
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