WikiFX

Reply

From my experience carefully examining Robinhood, the range of trading instruments available is relatively limited when compared to more established brokerage platforms. On Robinhood, I have only been able to access cryptocurrencies, options, and futures. Traditional asset classes like forex, commodities, indices, stocks, bonds, and ETFs are not available for direct trading. While Robinhood presents itself as a modern, commission-free platform with a streamlined interface, the absence of popular instruments like forex and stocks restricts its appeal for diversified trading or strategy development, especially for someone like me who values flexibility in asset selection. It’s also important to highlight that Robinhood is not regulated by any recognized financial authority, which increases risk from a safety and oversight perspective. This, combined with a limited instrument offering, has made me think twice about using Robinhood as a core trading solution. Instead, I would advise anyone considering this platform to approach with caution, understand the covered products thoroughly, and be very aware of the regulatory shortcomings. Diversification and reliable regulation remain critical to my trading approach, and Robinhood falls short on both fronts.