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As an experienced trader, I approach any platform with caution, and with Robinhood, there are several significant risks and drawbacks that require careful attention. The most critical issue for me is that Robinhood operates without any recognized regulatory oversight. A lack of regulation means there are fewer protections in place for clients, which leaves traders exposed if the broker engages in questionable practices or suddenly ceases operations. This by itself is enough for me to remain extremely conservative about committing any significant funds. Additionally, numerous user reports indicate problems with withdrawing funds, often involving demands for so-called "anti-laundering deposits" or other fees before releasing withdrawals. In my experience, any reputable broker will never require additional payments as a precondition for accessing your own money—this is a major red flag. The recurring complaints about blocked accounts and communication issues only heighten these concerns. The platform also lacks access to popular trading software like MT4 or MT5, which many advanced traders find necessary for robust analysis and execution. Robinhood’s educational resources and market research are limited, meaning traders—especially newcomers—may not have enough support or insight to make truly informed decisions. Given the combination of regulatory absence, user withdrawal issues, and limited functionality, I personally would not trust Robinhood with my capital. For me, protecting my funds and ensuring basic reliability always outweighs any promises of convenience or low cost. Careful due diligence is simply non-negotiable.