The platform has made trading super easy and, some would argue, almost addictive, so that it feels more like gambling than it does investing. Many of the trades are being made on Robinhood. In recent days, traders have piled on to certain stocks - namely, the retailer GameStop - causing enormous amounts of volatility and some serious finger-wagging from Wall Street. Reddit, TikTok, and Twitter are also spurring the trading trend and getting people into finance. They’re bored at home, many have money to spare, and trading can be fun, especially on Robinhood’s gamified platform. So why is Robinhood in the news right now? Lots of people have gotten into trading lately, especially during the Covid-19 pandemic. If you don’t have a Robinhood account at this point, you might know someone who does. In recent months, as day trading and individual investing have really taken off, so has Robinhood. The company is valued at more than $20 billion and is set to go public early this year.) (Just because Robinhood does commission-free trading doesn’t mean it doesn’t make money. Basically, that means when you buy or sell a stock on Robinhood - or on online brokerages like Fidelity, nowadays - there’s no charge. It has been a game changer in the retail trading space, largely because it allowed for commission-free trading, and others followed suit. Robinhood, which is currently the most downloaded app on both the Apple and Google app stores, was founded in 2013 and launched in 2015. At the center of the GameStop stock trading frenzy is Robinhood, a trading app for regular investors that says it’s out to “democratize finance.” But the growing chaos in the stock market is really testing the limits of that mission.

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