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A comment on Robinhood’s third outage may point to deeper problems in its tech stack. Parent comment

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.
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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.

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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.
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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.
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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.
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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
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