Recently has a connection to Robinhood. Maybe this free stock brokerage would be also a very nice opportunity to raise the popularity of quantconnect sometimes in future....
see
https://support.robinhood.com/hc/en-us/articles/203585145-Robinhood-API
Thank's
Andy
JP B
Timothy Comisky
Andrew Nguyen
Michael Handschuh
Timothy Comisky
Robinhood now has the Robinhood Instant feature, so now less limited. Just thought I'd update this
Tyler Van Hoomissen
+1 for Robinhood support.
Denny Caldwell (Grinn)
Robinhood now has Robinhood Gold which introduces margin trading.
Jared Broad
Other brokerages typically offer access to the buying power for free and
charge when you use it longer than a day.
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Denny Caldwell (Grinn)
Yeah, it's definitely a different pricing model. According to them:
"We created a flat, once-per-month pricing structure to help make the cost of using leverage easier to understand."
Personally, for the type of investing I'm doing I would expect to quickly make that $10/mo back with the extra $2k of leverage so it's all splitting hairs.
Source: https://support.robinhood.com/hc/en-us/articles/213262686-Robinhood-Gold-Buying-Power
Jared Broad
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
Denny Caldwell (Grinn)
Yeah, that certainly would cut into one's profits. The question of course would be if you can consistently turn that $2k into at least $2120 in a year. Thankfully you guys have written this lovely tool to help us determine that a little more conclusively!
Malachi Bazar
Any word on this? Would love to be able to trade on Robinhood.
Alexandre Catarino
Robinhood won't share their official API. At least we couldn't find in the Robinhood Github page.
There are lots of unofficial ones, but we cannot rely on those.
We ask robinhood clients to lobby for us! Maybe they will hear you.
LukeI
I emailed robinhood explaining the situation on August 28th. They sent me a canned response to which I replied saying that it did not answer my question.
On Nov 24th they FINALLY responded with a real person, here is what I got:
Robinhood Support (Robinhood Help Center)
Nov 24, 9:02 AM PST
Hi,
We don't currently have plans to support additional integrations at this time, but we'll certainly keep any suggestions in mind for the future.
Thank you for your support and we look forward to serving you in the future!
Sincerely,
The Robinhood Team
Alexandre Catarino
Thank you, LukeI.
We are closing this thread for now.
Keep pressing Robinhood!
If/when we get to add Robinhood to our list of supported brokerages, we will announce it here in the forum.
For those who miss the annoncement, the information will be available in the docs, under Supported Brokerages, and the Plan Subscription page.
Andreas Ramseier
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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