So is this shit a scam? What's the catch? I just noticed their investors pretty much match reddit's investors 100%
its an online discount broker.
they want to land grab this space, and probably keep adding features and in the future probably add robinhood GOLD
with more charts and shit.
its a good deal . go for it
fees are disgusting.
they'll have competitors in the future, but w/e .
>>1483748
It's just an app that allows simple trades.
They can offer a commission free setup because they're not spending for the features a real brokerage has (real time quotes, margin, AH, etc.).
Plenty of morons are unaware of this, however, and feel that they are the solution to "Wall Street brokerages rigged by the Jews".
>>1483774
ah, so their price quotes aren't even real time?
>>1483777
Nope, just "averages".
>>1483779
And there's the catch.
Thanks.
>>1483780
Lol.
Well, one of them.
>>1483783
it's a pretty major one - I can deal with the other limitations as they're not that critical for basic portfolio management. But prices being averaged over time is an issue.
Other thing that caught my eye was the warning on their site that trades were subject to bandwidth availability.
>>1483786
>trades were subject to bandwidth availability
Didn't know about that, but I can't say it surprises me.
I've seen the /rgt/ thread go apeshit when the servers crash, it's not pretty.