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- Nov 27, 2012
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Mobile stock brokerage named Robinhood opened last year to a small number of beta testers. What makes it stand apart is while most brokerages charge $7 to $10 for stock trades, Robinhood offered those trades for free. And now the company is launching an iOS app for iPhone users. Here are the main features of the app:
- Zero commissions are available for self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices.
- Place market orders or limit orders.
- Your self-directed orders will receive the best possible trade execution.
- Set up a cash or margin account.
- Access market data and quotes in real-time.
- Build a personalized stock watchlist with historical market data and detailed charts.
- View your portfolio performance over time.
- Quickly tell when the markets are open and closed, with simple color schemes.
- Authenticate Robinhood quickly with Touch ID or set a custom PIN code.
- Your sensitive personal information is fully encrypted using SSL.