Some investors might see the lack of retirement
accounts as a drawback, but I count that as a plus right now.
Not exact matches
The only
drawback is the fact that it may have a variety of fraud profiles
as membership is free, but with god judgment and help from the site, you can remove these unwanted members from your
account.
Until a practice
account is introduced, reviews will continue to highlight this
as a significant
drawback to the Robinhood system.
It charges no
account minimums, but the high annual fee
as a percentage of small investments is a
drawback.
But the author would have provided a better
account if he had addressed the idea more explicitly,
as well
as assessing the
drawbacks, in terms of practical politics, that are attendant on any approach which boils down to «trust me, I'm a scientist».
Another
drawback,
as mentioned above is that Quickbooks is one - way integration, requiring that you export your data to Quickbooks when needed, but if you're doing
accounting at the end of each month it may not be so burdensome.