Robinhood Research Data
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Questions
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What is your age?27232524242345252423242324222425232122232431
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How do you primarily use Robinhood?MobileMobileMobileMobileMobileMobileWebMobileMobileMobileMobileMobileMobileMobileMobileMobileMobileMobileMobileMobileMobileMobile
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What words would you use to describe Robinhood?Simple, free, greenEfficient and helpfulclean, easy to use, efficientEntertainment. Investing. Disposable income.Simple quick easyConveinient, Accesible, IntuitiveClean, simple, no frillsConvenient, Affordable, Efficient, Practical.Easy, convenientUseful, efficient, on the goTrading platformVanillaUser friendly, beginner targetedFree, easy, convenient, accessible, helpfulStarted using Robinhood for risky biotech stocks. Now it’s my only investment platform besides my 401k.Simplistic, couldnt be easierSimple For beginnersConvenience, simpleEasy to use, convenientclean, simple, free investing
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Which features do you use on Robinhood?
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How many times per week do you use Robinhood?
511111147rarely11373~once a month, depends on cashflowconstantly13it varies, every day when im active
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Are you satisfied with the level of Portfolio detail?
No, its hard to see breakdownyesMore detail would be betteryesyesnonoyesyesyesnoits fine, averagegenerallit has essential info but it would be beneficial to see portoflio breakdown/pie chartyesfor the most partyesyesyesnoeh
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What is your favorite thing about Robinhood?i love that its freethe information they provide to help beginners learn how to investlosing moneyno commission, simple and easy. easy with taxesThe fact that I can take action on investments from my fingertips. If I’m watching a stock and I feel the right time to buy/sell is now. I can make that descision within seconds from my mobile device.Simple. Easy to follow and know what you're doing.no fee tradingconvenienceeasy to access marketsflexibilitytransaction costmobile accessits freeits free and very easy to useRobinhood a great because you’re able to trade in small increments of money. There’s no per trade fee so I can afford do diversify amongst a few companies. I also may consider buying stock every other pay check for consistency and incurring fees would get costly.notifications on price changesmobile appeasy to view portfolio and know your returnsI like that I can buy/trade for free on my phone
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What could Robinhood improve?It's really simple but more portfolio detail would be nicecommunication messagesallow me to invest on other exchangesshow how long you've held a positionInvestment options available. Maybe IRA’s? Robo trader that would allow the user to participate in both active and passive investing.Ability to work in retirement accountsMore detailed profile statistics and over all statistics related to stocksMake options easier to understandNot too much, it’s great for what it is. They don’t over complicate anything and if you know exactly what you want to buy before you log in there no reason for simple trading anywhere elseGive more information on stocksIt's not the most socially acceptable app to open in public. Every time I open the app, I turn my brightness down first so no one sees the amount. This also makes it difficult to want to show friends and family the app as well.Lower the minimum balance required for unlimited day trades.I know they don’t trade some securities, mostly under $5, not sure why. Perhaps increasing the amount of gold you’re able to access.Add more ways to analyze marketNot sure tbhI think they could have more information in some areas
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