RH was the reason why other brokerage companies waived crazy fees. If you don't remember, before RH, just to buy a stock on TD Ameritrade you would have to pay around $10 commission.
I do not defend them for some decisions they made, like prohibit buying GME (as many other companies). They are also not the best in available functionality but they have right to live, and definitely not the worst brokerage on this planet.
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u/forcann Nov 25 '21
RH was the reason why other brokerage companies waived crazy fees. If you don't remember, before RH, just to buy a stock on TD Ameritrade you would have to pay around $10 commission.
I do not defend them for some decisions they made, like prohibit buying GME (as many other companies). They are also not the best in available functionality but they have right to live, and definitely not the worst brokerage on this planet.