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REDDIT

I want to transfer high six figures to my currently empty Robinhood account but not sure I trust them

T
Apr 10, 2025 · 19:53

Hey everyone, I love how Robinhood offers overnight trading on the symbols I trade (NVDA and AMZN)

The other day around 2am or 3am I took our dog out to use the restroom and saw NVDA was trading at $84 which is a no brainer for what I do (buy low sell high lol)

By the time pre market trading started, the opportunity was gone

Fidelity doesn’t offer 24 hour trading, only pre market and after hours. Same with JP Morgan Self Directed brokerage. I don’t like Schwab

However, my spidey sense goes off when I think of Robinhood because the controversies around turning off the “buy” button, hard-to-reach customer service (I have never tried contacting them tbf) and the CEO’s hair style (jk), among others

\*\*\*While typing this I found another red flag in the sub /robinhood. This sub has over a million members but they have to approve posts and there is one or 2 posts a day which is crazy for a sub with over a million members . The rules of the sub are crazy too.

Any reasons to go with Robinhood or stay away from?

I’m err-ing more towards the side of don’t go to Robinhood as I type this but I see $50,000 to $80,000 trades I can make and have no trouble sleeping, for the trades of course not the broker