Robinhood Expands Offerings With New Desktop Platform and Futures Trading
- Thread starter Ammarita
- Start date
Aesthatic girl
Well-known member
Robinhood’s new desktop platform and futures trading options will definitely attract more experienced traders, especially those looking for a simplified yet powerful platform. The addition of advanced tools like real-time data and customizable layouts is a smart move, making it more appealing to traders who require more functionality.
SUNSHINE
Well-known member
Some seasoned traders might still prefer sticking with established firms like Morgan Stanley or Schwab, mainly due to the trust and reliability they've built over decades. While Robinhood’s lower fees are enticing, the legacy firms offer more comprehensive services, such as financial advising, which could be a deciding factor for more experienced traders.
Snowy
Well-known member
For traders looking for cost-effective solutions, Robinhood’s competitive fees on futures and index options could be a big draw. It’s hard to argue with trading futures for as low as 50 cents per contract, and this could tempt even seasoned investors to at least try out Robinhood for these advanced features.
Anonymously Known
Administrator
The appeal of Robinhood’s new features might hinge on how well they perform compared to more established platforms. If the execution, reliability, and customer support of Robinhood Legend match the standards of firms like Schwab and Goldman Sachs, seasoned traders could make the switch. But if it falls short, it may struggle to win over that crowd.
Emily
Active member
Many experienced traders may use both Robinhood and traditional firms, taking advantage of Robinhood’s low fees and user-friendly interface for futures and options trading while continuing to rely on legacy brokers for long-term portfolio management and other services. This hybrid approach could allow them to maximize their trading strategies.
Lotus
Active member
Robinhood's expansion into futures trading and a desktop platform could appeal to seasoned traders seeking lower fees and a more accessible interface. However, established firms like Morgan Stanley and Schwab may retain their edge with advanced tools and more comprehensive services.
Ruksh
Well-known member
Robinhood’s move into futures trading and desktop platforms is a smart step toward attracting seasoned traders, but established firms like Morgan Stanley and Schwab still offer unmatched tools and personalized services. It will depend on how Robinhood balances simplicity with robust functionality.
Darokshi
Well-known member
Robinhood's addition of futures trading and a desktop platform is a strong move to attract seasoned traders, yet established firms like Morgan Stanley and Schwab may still hold an edge due to their deep resources and legacy trust. However, Robinhood’s low-cost, tech-forward appeal could capture those looking for a more streamlined trading experience.
ELIZA
Well-known member
Robinhood’s expansion into futures and desktop trading may attract new traders, but seasoned ones will likely stick with established brokerages like Morgan Stanley and Schwab for their advanced tools and reliable reputations.
Emma Eden
Well-known member
While Robinhood's expansion offers convenience, experienced traders often prioritize the advanced tools and stability offered by long-standing firms. Trust and depth of resources remain key factors for those looking for a more comprehensive trading experience.
Chicki Akiba
Active member
Robinhood's expansion into futures trading and a new desktop platform could attract more seasoned traders seeking low-cost options and convenience. However, established firms like Morgan Stanley and Schwab may still appeal to those who prioritize advanced tools and comprehensive support.
John Wilson
Well-known member
The convenience of platforms like Robinhood is undeniable, but seasoned traders often value a robust infrastructure and deeper analytical tools. Trustworthy platforms with proven track records offer a more secure environment for navigating volatile markets.
Olivia Mia
Well-known member
Robinhood’s expansion into futures trading and a new desktop platform may attract some seasoned traders seeking lower fees and ease of use. However, established firms like Morgan Stanley and Schwab offer more comprehensive tools and research, which may keep serious investors loyal.