Trade Penny Stocks Using Robinhood

Trade Penny Stocks Using Robinhood

The Robinhood mobile app is one of the most popular trading platforms available. The approach is simple, trade stocks for free on your mobile devices using a simple flat interface. Robinhood excels trading stocks in the large markets such as NYSE, NASDAQ, AMEX, TSX, as well as plans to expand to worldwide markets. Trading penny stocks using Robinhood can be somewhat painful as sub $1.oo stocks are difficult to find & trade. RobinhoodPennies.com is dedicated to sharing the best penny stocks available to trade using the Robinhood mobile app. 

Trading “penny stocks” or stocks under $1.00 USD with Robinhood can be tricky. Most penny stocks or sub pennies trade on smaller exchanges such as OTCBB or Pink Sheets. The smaller stock markets are typically loosely regulated and the target of pump and dump scams using fake news and made up companies. Not all penny stocks are pump and dump scams though and can yield returns that can not be matched in large cap markets.

The Robinhood mobile app does not allow users the option to trade stocks listed in the smaller markets as of now, which leads to the headache of finding penny stocks on the larger markets. Searching for companies trading for under $1.00 can be painful for a novice trader. With the loads of bad information on the internet about penny stocks, it makes it easy for traders to make mistakes. The staff at Robinhood Pennies aims to share quality news, charts, discussion, and advice about the penny stocks trading on the Robinhood app.

Robinhood Penny Stock Trading Tools

There are a growing number of resources and tools dedicated to researching penny stocks. Stock screeners, forums, newsletters, chatrooms and more can be used to research penny stocks available to trade on the Robinhood mobile app. Below are a few of our favorites.

3 Comments

  1. Avatar
    Habib Hussaini October 21, 2017

    Hi,

    How come I cannot download the app in Canada?
    please let me know if there is any way to download it in Canada

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