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Withdrawing from Robinhood

  • Thread starter Thread starter Deleted member 6735
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Deleted member 6735

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After this past week's actions in the market of stocks and cryptocurrency performed by Robinhood, I am withdrawing 100% of my holdings and moving to another platform. Their CEO has shown great ethics issues and manipulation within the market. See the article about SEC investigation: here

Do you plan to continue using RH or pull out?
 
Yes Robinhood is a biased stock trading platform for so many investors. They should have been neutral and stay back with the wallstreet problem that is currently causing issues between investors on GME and AMC. They might be trying to. Protect the market though but their actions are unethical
 
C.Grigg said:
After this past week's actions in the market of stocks and cryptocurrency performed by Robinhood, I am withdrawing 100% of my holdings and moving to another platform. Their CEO has shown great ethics issues and manipulation within the market. See the article about SEC investigation: here

Do you plan to continue using RH or pull out?
Click to expand...
When one is not satisfied with a any system when it comes to issues like the one you sighted above, I can't continue with such, I will pull out 100%
 
I read about the issues with Robnhood from a financial adviser that I am followng on Facebook. I am not on Robnhood, and I have no plans to join ths brokerage platform. I have tried my hands on stock and crpto investment, however, I do not have a lot of experience. Having said that I might start investing if I have surplus money.
 
This is actually the first time that I am hearing about Robinhood and if the platform is as dubious and as you made it to be like, then you are very right to withdraw all your assets from their platform. This will be the same course of action that i will take.
 
C.Grigg said:
After this past week's actions in the market of stocks and cryptocurrency performed by Robinhood, I am withdrawing 100% of my holdings and moving to another platform. Their CEO has shown great ethics issues and manipulation within the market. See the article about SEC investigation: here

Do you plan to continue using RH or pull out?
Click to expand...
May now people can understand why I don't like the influence of hedge funds in the stock market, they always try to manipulate the market to make massive profit while leaving the majority of the small investors in lose.

If you're pulling your money out on moral grounds I will understand that it is a personal stance, but if leaving you funds there will good for your profit by all mean leave there it's not your fault that the CEO is not a good person, if you will loose your money because of his actions, please pull out.
 
I have never used robinhood, in fact I came to know this platform only when it came into hotwaters. I would never use an investment company to make investment, I will be doing it myself.
 
I am not using Robinhood. My country law does not allow investment in foreign companies and also investing in crypto currencies. That's why funding investment platforms is really hard.
 
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