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Add to SafariWhen comparing Robinhood vs Jiffy Trading App, the Slant community recommends Robinhood for most people. In the question“What are the best trading platforms?” Robinhood is ranked 2nd while Jiffy Trading App is ranked 9th. The most important reason people chose Robinhood is:
If you know that an important goverment report is coming out, or a company in your portfolio is expected to release its 10K, you can create a notification to warn about this beforehand to stay on top of the information flow.
Question Ranking
Pros
Pro You can set notifications for important events
If you know that an important goverment report is coming out, or a company in your portfolio is expected to release its 10K, you can create a notification to warn about this beforehand to stay on top of the information flow.
Pro Great for beginners
This app is great for beginner investors, because the entry threshold is non-existent - you can start trading with whatever capital you have; and there are no commissions that bite off you profits.
Pro Trade fast
You can buy and sell from 7 different places.
Pro Secure
Secure retrieval and storage of data with 256-bit SSL Encryption.
Pro Simple UI
In a few clicks, you can seamlessly navigate the app and take actions.
Cons
Con Limits buy orders of certain stocks
As of last week the service started limiting buys of certain stock, this is ongoing and a huge problem for many service users.
Con Only for US citizens/residents
You need to be a US citizen or resident, with a legal US residential address, and a valid social security number.
Con Limited options for analysis
This app wasn't intened for analysis as much as convenient execution. If you rely on technical analysis to make your investment decisions, you will have to find a third-party software for that.
