5 Biggest Online Brokers in 2021

3. Robinhood

Robinhood didn’t only block trades being made by its users on GameStop; it also sold GameStop shares owned by users automatically when the prices were low, if the shares were bought on margin, using the excuse of volatility to cover their act. With class actions lawsuits pending and also having the eyes of regulators on them now, the current period will be a really testing one for an app which brought retail investing into the mainstream.

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