How is the trading app Robinhood “bad”?



I see many people online saying how Robinhood traders could mess up the markets and that they’re also just not that informed with the market

In: Economics

It’s “bad” in that it makes it too easy for people with zero knowledge or experience to get themselves in a really bad spot. That’s a case where an individual should do more to educate themselves on what they’re getting into first. In an inexperienced person’s defense, however, Robinhood *does* make things too simplistic at times – for instance, identifying royalties as regular dividends or not labeling ETFs as partnerships when they are more than just an ETF.