With No Commissions, Stock Trading Platform Robinhood Now Offers Immediate Access To Trade Off Cash

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Mark Melin
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The hype over the cell phone stock trading platform Robinhood, which does not charge trading commissions, continues, as the company is launching immediate access to trade customer funds. Robinhood – Trade immediately after transferring cash, with just one catch Typically when an investor sends a funds transfer to a brokerage account, it can take from three to five days for the asset transfer to clear before trading can commence. Robinhood is eliminating this wait time through a new app called “Robinhood Instant,” which makes funding up to $1,000 immediately available for stock trading. “You can go from downloading the app…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.