There’s a lot that can be better here and Robinhood’s approach to getting a foothold has been smart.
I use Fidelity for everything, but their software is mediocre at best. I hear vanguard is worse.
The regular banks are ten times worse than fidelity for basic actions.
Other startups that have tried to make this better (Simple Bank comes to mind, but there are a couple of others) typically sell out or only focus on basic banking which is not helpful.
Robinhood has better software and is positioning themselves to be a serious player long term.
I use Fidelity for everything, but their software is mediocre at best. I hear vanguard is worse.
The regular banks are ten times worse than fidelity for basic actions.
Other startups that have tried to make this better (Simple Bank comes to mind, but there are a couple of others) typically sell out or only focus on basic banking which is not helpful.
Robinhood has better software and is positioning themselves to be a serious player long term.