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In the Name of God بسم الله
rkazmi33

Do you earn money with the app Robinhood?

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Assalam-o-alaikum! I was watching some videos about how people make money and I saw many people mentioning Robinhood. I tried to do some research but different people say different things. Some people say you can make around $100-$150 per month. But other people said they were able to make the same amount of money they made from their full time job.

   So my question is has anyone here used this app? I want to make at least $100-$125 per week, so how much should I invest? Is it easy to use or do I need to know a lot about stocks to make money? It looks like easy to use, they give analyst recommendations about every stock. So my plan is to buy the stocks which have a high analyst rating. If I invest $5000 or $10000, will I be able to make around $500 every month? 

I figured since so many students are using it, it must be easy to use. I believe you can only make 3 transactions per month. Is there a way to increase your transactions? 

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