Robinhood now offers ‘Instant’ to make investing faster

Feb23

by Sindy Cator on February 23, 2016 at 5:58 pm

Posted In: Apps, Around the Web, Insider

For those who have been using Robinhood to manage their stock sales, the app has now gotten considerably faster. Announced today, the app now offers ‘Instant’ to make trading stock more efficient. Instant covers both ‘Instant Deposits’ and ‘Instant Access to Funds.’ Although both features seem unique, each is based on the same core principle: now instead of waiting for a few days for cash to be utilized in a Robinhood account, everything happens instantly. For the deposit side, users can immediately invest with up to $1000 per transaction, as a sort of “good faith” credit extension to users. Previously, it would…