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Robinhood Penny Stocks To Watch Right Now
One of the most popular platforms for trading penny stocks is Robinhood. Thereâs really no getting around it. Even in light of the technical issues, the lack of access to things like OTC penny stocks, and the questionable events thatâve come about recently, itâs still the top dog among retail trading apps.
If you look at some of the penny stock brokerage growth statistics from last year, youâll also see this trend. Among most mainstream platforms, Robinhood reigned supreme. Millions of new traders wanting access to stocks flocked to the app for its simple interface. Though things like execution times on trades take longer than Fidelity or Etrade, for instance, itâs still one of the most-used platforms out there.What About Penny Stocks On Robinhood?
Robinhood Penny Stocks To Watch Right Now
One of the most popular platforms for trading penny stocks is Robinhood. Thereâs really no getting around it. Even in light of the technical issues, the lack of access to things like OTC penny stocks, and the questionable events thatâve come about recently, itâs still the top dog among retail trading apps.
If you look at some of the penny stock brokerage growth statistics from last year, youâll also see this trend. Among most mainstream platforms, Robinhood reigned supreme. Millions of new traders wanting access to stocks flocked to the app for its simple interface. Though things like execution times on trades take longer than Fidelity or Etrade, for instance, itâs still one of the most-used platforms out there.What About Penny Stocks On Robinhood?
Cheap Penny Stocks On Robinhood Are Hard To Come By
Buying penny stocks on Robinhood has become the norm for many traders. Given the appâs easy set-up and clear-cut operating platform, millions of new retail traders have made it their go-to platform. I know thereâve been plenty of concerns, including the lack of transparency from the company itself. Robinhood was also at the center of the debacle when the app restricted trading for specific âshort-squeezeâ stocks on Reddit.
Despite this as the case, plenty of retail traders are using the platform to this day. The sticking point for many is that the app doesnât allow access to over-the-counter or âOTC Penny stocks.â Not all penny stocks on the OTC are shady companies like the Wolf Of Wall Street movie portrayed in all fairness. But the reporting requirements are much laxer than those of the listed exchanges, including the NYSE and Nasdaq.