By: City AM
February 2, 2021
The Gamestop frenzy last week not only showed the power of retail investors but the popularity and risks associated with free trading apps.
Robinhood, which promises no user fees, faced backlash from investors after sharp swings in the value of stocks meant it was forced to restrict trading.
It has sparked debate over whether these unregulated products, that claim to democratise money, are out of control.