On: Robinhood was indeed too good to be true

[frockington1]

I immediately noticed when I switched brokers how much better the prices were, even on limit orders. When I used Robinhood I was 19 years old with no way to know better, aka their dream client

[314 → frockington1]

Could you clarify what you mean by better - do you get a smaller spread?

[frockington1 → 314]

For a buy scenario. If a stock is trading at $20, other brokerages would execute a market order at $19.9997/share where Robinhood would execute a market order at $20.09/share. I noticed this also would occur but less noticeable on limit orders

[smabie → frockington1]

If the nbbo offer was truly $20 at the time of order execution, there's no way you could get filled at $20.09.