You might have wondered about having an alternate and backup career in case your daytime 9-5 goes away? Or, you must have at least thought about having some assets invested in for backup purposes at some point during your career, right? Well, this Robinhood review is all about that. You must know that finding an online trading platform is a risky and tricky task. You don’t know whether a company is official and legally backed up, especially not at the first glance. So, you have to confirm a few qualities and particular information of a broker before signing up with it.
It’s important for protecting both, your personal and banking information along with hard-earned money. Robinhood is a reliable broker platform that provides an extensive range of trading services.
Clear Trading Terms and Condition
For your peace of mind and many other potential traders that review broker companies on the internet, this company is regulated. There aren’t many trading platforms and brokerage firms that are regulated, especially on the internet. It’s quite difficult to learn about the regulation status of several online trading companies through the internet. Since the online trading world has expanded and allowed thousands of people to enter the markets, companies and scammers have both found easier targets to maximize their earnings. This puts many traders at risk because scammers start fake companies with the idea of selling trading services.
In reality, scammers and profit-oriented entrepreneurs are only trying to make profits because they wish to make the most out of the growing trading trend. That’s why they post fake regulation and license information. But with Robinhood, this idea is far from reality and completely unethical. The company shares valid legal license and regulation information. Moreover, the company is highly dedicated to sharing more information through customer service for the relaxation of traders.
Completely Reliable Customer Service Reps
You don’t have to struggle to get an answer or solve an issue when with Robinhood. The company will do everything in its power to help its traders while solving their issues with total assurance. The professionals at Robinhood have created a highly improvised and better customer service program. You can reach out to the official representatives of the company through the contact number and email address right there on the website. You can also leave a query on the website for your concerns right on the website with your email address as well.
The official customer service reps are trained, educated, and highly experienced. This is because the company only chose the personnel fit for the job. In addition, all those employed by the company have some form of background in dealing with customers over the phone calls. Still, the companies find it extremely important to train and further improve the knowledge of customer service reps.
Countless Trading Instruments and CFDs
The provision of the CFD trading format has put Robinhood ahead of more than several trading companies on the internet. This is because CFD trading is more convenient and easy to understand than traditional trading. Without owning any type of asset on your own, you can buy and sell contracts that represent the assets you’re interested in. The contracts carry the name and monetary value of financial assets in the markets such as forex currency pairs, stocks, indices, and other types of instruments. Furthermore, you don’t have to own an asset and go through the trouble of selling it in the market.
CFDs allow you to trade the contracts depending on the price of the asset. Robinhood also offers a well-organized asset index that makes it possible for professional traders to achieve their dream of investment portfolio diversification. Beginners can also choose any asset that they wish to invest in.
You will find more information about Robinhood through the official website. For your information, signing up with this trading platform is a piece of cake. All you have to do is provide personal and banking information as per the KYC and AML policies. You will learn more during the registration process.