Can you trade fractional shares on Robinhood financial?

Since Robinhood Financial offers Fractional Shares, you can trade stocks and ETFs in pieces of shares, in addition to trading in whole share increments. Fractional shares on Robinhood can be as small as 1/1000000 of a share, and trading fractional shares is real-time and commission-free.

Is Robinhood the best cryptocurrency trading platform?

Robinhood is best known as the stock trading app that pioneered the concept of commission-free trading several years before most brokerages got rid of their trading costs. But you can also buy Bitcoin and six other cryptocurrencies directly through the app. Like all cryptocurrency trading platforms, Robinhood isn't the best choice for everyone.

How does Robinhood work?

Robinhood converts $10 to 0.1 shares based on the current market price, then places an order to immediately purchase 0.1 shares at the current market price. If you place an order to Buy in Shares or Sell in Shares, you’ll choose the amount of shares to buy or sell.

What is Robinhood's new divisibility of shares?

The new divisibility of shares is very similar to investing in Bitcoin, where a single coin costs thousands of dollars. However, traders are able to purchase any amount of BTC they wish, even if that only includes a few satoshis at the time. Do you plan to use Robinhood’s new investment methods to buy shares?