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Add to SafariWhen comparing Robinhood vs Stocks+ app, the Slant community recommends Robinhood for most people. In the question“What are the best investment apps?” Robinhood is ranked 1st while Stocks+ app is ranked 3rd. 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 Alerts
Great alert system, very fast.
Pro Tycoon Insights
I absolutely LOVE using the Tycoon Insights feature for tracking famous investors’ stock portfolios and transactions. 100% worth it - thanks!!
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.
Con No trading
There is no live trading on this app, so if you are looking for trading, this will not be a fit. This is for analysis and tracking before making financial decisions.
