[socrates1998]

> This practice meant that trades placed on Robinhood weren’t executed at the best price, costing customer tens of millions of dollars, even after taking into account the savings from not paying a commission

This is why I stopped using them last summer. They messed up a few of my trades. Either by giving me a worse price than was quoted or my reversing the trade after it had already gone through.

After it happened a second time in a short time frame, I knew something was up. I closed all my trades and took all my money out.

What's really weird is that these "errors" started happening only after I started making good trades. When I lost money on a trade (which happened a lot for the first few years of casual trading), I NEVER had an execution error. Then, when I had my first good run of trading in years, all of the sudden I had TWO trades messed up within a week of each other???

It was all too conincidental for me. Either they were messing up my trades because of incompetence or they were letting someone take the other end of my trades.

Whichever it was, I left.

Robinhood had an insane run of good press and was able to within years of crap product. Now they are finally getting what's coming to them.