This is also what I've noticed, and it mirrors with investing mentality of their respective users too. Schwab, Fidelity and Vanguard (the 3 platforms I looked at before going with Schwab) gear their experience towards a long-term investing mentality. They'll do a large number of checks and forms until they'll let you perform certain trades (options, futures, derivatives, etc). You actually need to pass a few tests to do those. Meanwhile RH makes that as easy as slicing butter with a warm knife, and barely warns its users of the risks.