whats really going on with the Robinhood App???

[chico2663]

i have etrade

fukk robinhood

have e trade and td ameritrade. IF i put bid on td and it is 1.00. They buy it at .98 ...they give it to me at .98. With e trade if i put a bid in 1.00 They buy it at .98 e trade will charge me the 1.00

[DiggityDaggityDo]

[chico2663]

When you buy a stock I takes 2 days to settle in your brokers acct. so if you buy and sell before those 2 days are up it is called an unrealized gain. Those brokers have to have the cash or the amt of borrowing power to cover these trades.