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Re:Robinhood’s third outage may point to deeper problems in ... by doobiedowner on Tuesday March 10, 2020 @12:14PM (#22536709)
To those still on RH, with all the other fee free brokers out there, why are you still on there?
Re:Robinhood’s third outage may point to deeper problems in ... by chickenpotpie on Tuesday March 10, 2020 @12:18PM (#22536760)
I don't want to pay $75 to move my shares to another broker. I also don't want to risk selling all my shares right now, transferring the money to my bank, then transferring it to another broker, and buying them again and risking the market coming back during that process and losing thousands of dollars. There's probably a way to transfer out faster for free, but I don't know it. Any new money I invest will be in a different broker, though.
Re:Robinhood’s third outage may point to deeper problems in ... by lykr0n on Tuesday March 10, 2020 @02:09PM (#22537907)
I moved from Robinhood to Schwab, and didn't know about this fee on Robinhood's side. So I ask Schwab support and they not only told me about it, they gave me an additional $75.

YMMV but I think most brokerages would be happy to help if you ask.

Re:Robinhood’s third outage may point to deeper problems in ... by kasey_junk on Tuesday March 10, 2020 @12:22PM (#22536793)
This plus I don’t trade enough that the downtimes matter. I buy twice a month on a fixed schedule they’ve not been down on any of those times so I wouldn’t know they have issues if it weren’t for the news.
Re:Robinhood’s third outage may point to deeper problems in ... by chickenpotpie on Tuesday March 10, 2020 @12:36PM (#22536936)
Exactly, I the only times I trade are when I get a paycheck and when I need to re-balance my portfolio.
Re:Robinhood’s third outage may point to deeper problems in ... by ProAm on Tuesday March 10, 2020 @01:57PM (#22537788)
The question there is did you lost more than $75 not executing trades you wanted to execute? There's risk but a lot of risk in a platform that might crumble because its a startup.
Re:Robinhood’s third outage may point to deeper problems in ... by chickenpotpie on Tuesday March 10, 2020 @03:23PM (#22538656)
I'm not a day trader, I only trade about twice a month
Re:Robinhood’s third outage may point to deeper problems in ... by brenden2 on Tuesday March 10, 2020 @12:15PM (#22536720)
TD Ameritrade is pretty good, as is tastyworks. Interactive Brokers is great for price and execution, but their tooling is not wonderful. For options specifically, I would go with tastyworks.
Re:Robinhood’s third outage may point to deeper problems in ... by ra7 on Tuesday March 10, 2020 @12:21PM (#22536787)
There's no reason to be on RH anymore if you're buying/selling shares. But they do offer free option trades, whereas you need to pay $0.65 per contract on Schwab for example. Personally, for the volume of options I trade, I just use Schwab and feel I'm paying $0.65 for a much better trading platform and research data availability (Schwab Trade Source).
Re:Robinhood’s third outage may point to deeper problems in ... by siddarthd2919 on Tuesday March 10, 2020 @12:16PM (#22536730)
The UI is what keeps me
Re:Robinhood’s third outage may point to deeper problems in ... by andreilys on Tuesday March 10, 2020 @12:20PM (#22536784)
Because it takes too long to move my money and I would be missing lots of good trading opportunities
Re:Robinhood’s third outage may point to deeper problems in ... by ThisIsTheWay on Tuesday March 10, 2020 @12:18PM (#22536765)
All of my positions are long, and temporary outages like these have no impact on my trading performance.

If I were just starting out I probably wouldn't select Robinhood given the recent issues, but I don't see the need to change to a different platform at this time.