Moomoo is a newer online trading platform that delivers solid analytical and trading tools with commission-free trading in U.S. stocks, ETFs, and options. Moomoo also provides its customers with access to Chinese A shares and Hong Kong listed stocks.

Commission-free Stock Trading & Investing App.

What are the disadvantages of using Robinhood? The main downside of Robinhood is that the investment selection is limited for hands-off, passive investors: The broker offers no mutual funds or index funds, which financial advisors typically suggest using as the basis of a diversified portfolio.

Sensitive information, such as your Social Security number, are encrypted before they're stored. In addition, our app and website securely communicate with our servers using the Transport Layer Security (TLS) protocol with up-to-date configurations and ciphers.