Robinhood: Investing for All

User Experience Report

Week of April 7th, 2025

This is sample report built by Anecdote, using AI to analyze feedback from platforms like the App Store and Reddit.

Highlights trends and insights

Helps you understand what matters most

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Robinhood: Investing for All

Top Insights This Week

Week of April 7th, 2025
This is sample report built by Anecdote, using AI to analyze feedback from platforms like the App Store and Reddit.
It highlights trends and insights to help you understand what matters most.
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All Insights

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TOP INSIGHTS

A weekly roundup of Robinhood: Investing for All's key feedback

1

Customer Support Issues

Many users express frustration with Robinhood's customer support, particularly the reliance on AI assistance that fails to resolve issues effectively. Approximately 20% of users report difficulties in getting human support, leading to unresolved account problems.

The AI help bot is useless and sends me back to the same update page I’m blocked from.

2

Account Restrictions

Users frequently encounter unexpected account restrictions, such as being unable to update personal information or having funds frozen without clear explanations. This issue affects around 15% of users, causing significant inconvenience and financial stress.

My account was restricted due to 'unusual activity' and support options were ineffective.

3

Crypto Transfer Problems

A notable number of users face challenges when attempting to transfer cryptocurrency, with transactions being denied or delayed without adequate explanation. This affects about 10% of users, leading to dissatisfaction and distrust in the platform.

I attempted to transfer my crypto holdings to my cold wallet, but Robinhood denied my crypto transfer account.

4

Unwanted Features

Some users are displeased with the introduction of non-traditional trading features, such as betting on events, which they find inappropriate for a trading app. This sentiment is shared by approximately 5% of users who prefer a focus on investment tools.

I started getting notifications for various different bets I can place - from who is going to be the president to basketball.

COMPETITORS ANALYSIS

Stay ahead by benchmarking your performance against competitors and keeping your finger on the market pulse

#1 USERS CHOICE

Robinhood: Investing for All
Robinhood receives mixed feedback, with users praising its user-friendly interface and educational tools for beginners, but criticizing its customer service and technical issues. Some users appreciate the commission-free trading and features like Robinhood Gold, while others express frustration over account access problems and perceived unethical practices.

#2 RUNNER UP

E*TRADE
E*TRADE is criticized for its poor customer service, technical glitches, and account access issues, leading to user frustration. While some users appreciate the platform's ease of use, many are dissatisfied with the slow transfer times and lack of real-time trading capabilities.

#3 Straggler

Webull
Webull receives mixed reviews, with some users appreciating its technical analysis tools and trading features, while others criticize its customer service and account management issues. Users express concerns over hidden fees, account access problems, and the platform's complexity.
Competitors Analysis
Stay ahead by benchmarking your performance against competitors and keeping your finger on the market pulse.
Robinhood: Investing for All
#1 Users Choice
Robinhood receives mixed feedback, with users praising its user-friendly interface and educational tools for beginners, but criticizing its customer service and technical issues. Some users appreciate the commission-free trading and features like Robinhood Gold, while others express frustration over account access problems and perceived unethical practices.
E*TRADE
#2 Runner-up
E*TRADE is criticized for its poor customer service, technical glitches, and account access issues, leading to user frustration. While some users appreciate the platform's ease of use, many are dissatisfied with the slow transfer times and lack of real-time trading capabilities.
Webull
#3 Straggler
Webull receives mixed reviews, with some users appreciating its technical analysis tools and trading features, while others criticize its customer service and account management issues. Users express concerns over hidden fees, account access problems, and the platform's complexity.

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Nuggets

Major Highlights of the Week

AI Support Frustration
Users experience significant frustration with AI support, which fails to resolve issues and often redirects them in a loop without providing real assistance. This lack of effective customer service leads to unresolved account problems and dissatisfaction.
The AI help bot is useless and sends me back to the same update page I’m blocked from.
Crypto Transfer Issues
Customers face difficulties transferring their crypto holdings, with unexplained denials and account freezes, leaving their assets inaccessible. This creates a perception of the platform holding crypto 'captive' and erodes trust.
Robinhood denied my crypto transfer account, and my crypto is being held captive on their exchange.
Portfolio View Limitations
The app lacks a comprehensive portfolio view, preventing users from seeing all their positions across different accounts in one place. This omission is seen as a basic feature missing compared to other brokerage platforms.
I find it baffling how there’s no portfolio view where you can see ALL your positions across your accounts.
Deposit and Withdrawal Delays
Users report delays in fund availability after deposits, contradicting the 'instant deposit' promise, and face unexpected fees during withdrawals. These issues hinder timely trading and create dissatisfaction with the platform's financial operations.
If I instantly deposit money for a quick buy, the money has to 'settle,' causing missed opportunities.
Unwanted Betting Features
The introduction of betting features, such as predictions on sports and events, is unwelcome among users who prefer a focus on traditional trading. This shift towards a 'casino-like' experience is seen as inappropriate for a trading app.
No one asked for sports betting on a trading app; it’s actually kind of disgusting.
Account Access Problems
Users encounter significant barriers when trying to update account information or access their accounts, often due to restrictions or technical issues. These access problems lead to locked accounts and trapped funds, causing frustration and distrust.
Every time I try to update my phone number, it says 'action blocked due to restrictions.'
Nuggets

Major Highlights of the Week

Everything you need to know about user experience
AI Support Frustration
Users experience significant frustration with AI support, which fails to resolve issues and often redirects them in a loop without providing real assistance. This lack of effective customer service leads to unresolved account problems and dissatisfaction.
Crypto Transfer Issues
Customers face difficulties transferring their crypto holdings, with unexplained denials and account freezes, leaving their assets inaccessible. This creates a perception of the platform holding crypto 'captive' and erodes trust.
Portfolio View Limitations
The app lacks a comprehensive portfolio view, preventing users from seeing all their positions across different accounts in one place. This omission is seen as a basic feature missing compared to other brokerage platforms.
Deposit and Withdrawal Delays
Users report delays in fund availability after deposits, contradicting the 'instant deposit' promise, and face unexpected fees during withdrawals. These issues hinder timely trading and create dissatisfaction with the platform's financial operations.
Unwanted Betting Features
The introduction of betting features, such as predictions on sports and events, is unwelcome among users who prefer a focus on traditional trading. This shift towards a 'casino-like' experience is seen as inappropriate for a trading app.
Account Access Problems
Users encounter significant barriers when trying to update account information or access their accounts, often due to restrictions or technical issues. These access problems lead to locked accounts and trapped funds, causing frustration and distrust.

Quotes of the week

Hear from some of the most impactful users to drive changes

I really like this app but I find it baffling how there’s no portfolio view where you can see ALL your positions across your individual brokerage, your Roth IRA, your traditional IRA, a 401(k), and so on. Would like to see something like this added soon.
Jram1157
Week of April 7th, 2025
I attempted to transfer my crypto holdings to my cold wallet. I provided everything they requested for 2FA. However, with no explanation, Robinhood denied my crypto transfer account. My crypto is being held captive on their exchange. AI Support was obviously no help.
Next Chapter Diva
Week of April 7th, 2025
They removed the cancel button on option orders for the mobile app, and so now to cancel an option you have to back out of about four or five different screens and then swipe and then hit cancel. It’s a very cumbersome and obnoxious process.
Willbot321
Week of April 7th, 2025

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The quotes of the week

Hear from some of the most impactful users to drive changes
I really like this app but I find it baffling how there’s no portfolio view where you can see ALL your positions across your individual brokerage, your Roth IRA, your traditional IRA, a 401(k), and so on. Would like to see something like this added soon.
Candice Wu
App Store
I attempted to transfer my crypto holdings to my cold wallet. I provided everything they requested for 2FA. However, with no explanation, Robinhood denied my crypto transfer account. My crypto is being held captive on their exchange. AI Support was obviously no help.
Kelly Williams
Google Play
They removed the cancel button on option orders for the mobile app, and so now to cancel an option you have to back out of about four or five different screens and then swipe and then hit cancel. It’s a very cumbersome and obnoxious process.
Koray Okumus
Google Play

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