The online broker, which caters toward young and inexperienced investors and traders, has been wildly popular among Millennials and Generation Z.
Robinhood’s stated goal is to “democratize finance for all.” And without question, it has changed the way everyday people interact with the market.
Since pioneering commission-free stock trading with its bare-bones trading app, Robinhood has expanded into options.
Robinhood does not cater to its customers the way other brokers do. It had about five times more complaints filed against it than its competitors. It does not even have a customer service phone number listed on its website.
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