what other app have you used? i used them all robinhood is easily the worst
i used fidelity, ally, webull, m1, and etrade. currently i have fidelity, m1, RH, and coinbase for crypto.
they all have pros and cons.
average account size of robinhood is less than $5000.
According to JMP Securities, the average account size for a typical Robinhood account ranges from $1,000 to $5,000. The app passed 13 million users this year.
I guarantee robinhood users will eventually move on to other brokerage, but most of them will still keep RH because it's great for viewing the price.
it's a great starting app. nothing is better for noobs. It's not the best app for most of us here, but for noobs? nothing is better.