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Robinhood is a popular choice for beginner investors due to its ease of use and lack of fees. In order to start investing with Robinhood, you must first create an account and log in.
DOWNLOAD THE ROBINHOOD APP as the first step.
Downloading the Robinhood app is the initial step in creating a login for Robinhood. The app may be downloaded from the App Store or Google Play Store and works on devices with iOS as well as Android.
Step 2 is to make a profile.
Open the app after downloading it, then click the "Sign Up" option. Your full name, email address, and password will be required. Make sure your password is strong and exclusive to your Robinhood account.
Step 3 is to confirm your identity.
You must confirm your identity after establishing your profile. In order to verify that users are of legal age to use the platform, Robinhood requests that they supply their social security number and dob. A government-issued ID may also be required from you in order to conduct additional verification.
Know how to link a bank account ($STEP 4)
You must link a bank account to your Robinhood profile in order to start trading. You'll be able to transfer money to and from your Robinhood account using this. Enter your bank's routing number and account number in the app to link to your banking account.
Know About: FUND YOUR ACCOUNT, STEP 5
You are able to fund your Robinhood accounts by moving money from your bank account to your Robinhood account once your bank accounts are linked. In addition to wire withdrawals and ACH moves, Robinhood also provides debit card transactions.
Step 6 is to begin trading.
You are prepared to begin trading after setting up and funding your Robinhood login account. With the app's simple interface, you can quickly purchase and trade stocks, options, and cryptocurrency. The app allows you to keep an eye on your portfolio and measure your progress.