Explain-Like-I'm-Five: Why would you use Robin Hood instead of a normal brokerage like Vanguard, T. Rowe Price, Fidelity, Charles Schwab, etc that..
(1) already have commission free trades,
(2) an app to make those trades, and
(3) don't charge any fee for transferring your holdings in-kind to another institution.
Explain-Like-I'm-Five: Why would you use Robin Hood instead of a normal brokerage like Vanguard, T. Rowe Price, Fidelity, Charles Schwab, etc that.. (1) already have commission free trades, (2) an app to make those trades, and (3) don't charge any fee for transferring your holdings in-kind to another institution.