Press release
Robinhood Introduces A New Way To Trade On Desktop Through Robinhood Legend
--News Direct--By Josh Enomoto, BenzingaInvestors looking for an edge in the market may want to pay extra close attention to Robinhood, as they have unveiled
About this update from Robinhood Markets, Inc.
[{"type":"text","content":"--News Direct--By Josh Enomoto, BenzingaInvestors looking for an edge in the market may want to pay extra close attention to Robinhood, as they have unveiled the latest addition to its iconic trading platform.Named Robinhood Legend, this desktop-focused interface is designed from the ground up to accommodate active traders. While mobile-app trading certainly offers significant benefits, the smaller screens can represent a challenge in deciphering multiple datapoints. With a desktop setup, traders can analyze multiple charts and technical indicators simultaneously, facilitating information management and effective decision-making.Even better, Legend is available at no extra charge for all Robinhood account holders. Plus, the core attributes offered to a customer – no equity options contract fees (though certain charges may apply), low margin rates and commission-free stock and exchange-traded fund (ETF) trading – remain the same.What Distinguishes Robinhood Legend From the PackRobinhood reports that Legend isn’t just another run-of-the-mill trading platform with some extra bells and whistles attached. Indeed, there are many generic products in the retail investing ecosystem. Instead, Legend represents a carefully tailored toolset for traders who require speed, precision and customization. Consider the following features:Customizable layout for personalized trading: With Robinhood Legend, you can personalize your trading setup in just a few clicks. Through the use of organizational widgets, market participants can adjust chart schematics to suit their strategies – whether that involves targeting technical indicators, market trends or price movements. Also, users can choose from pre-designed layouts, minimizing delays.Advanced charting tools for in-depth analysis: Investors increasingly rely on multiple disciplines, including technical analysis, to gain an edge. Robinhood Legend addresses the growing concern of companies paywalling their technical solutions with access to advanced charting analytics. Whether you’re tracking moving averages, Bollinger bands or Fibonacci retracements, Legend provides the tools necessary for consistent success.One-click trading for quicker execution: When it comes to trading, timing could be the difference between securing a profit or incurring a loss. Here, Robinhood Legend brings to the table a seam...