Everything You Need to Know About Investing With Robinhood Legend

March 31, 2025

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There’s been so much talk about making finance more democratic that it’s starting to get a little bit tiresome. It’s one thing to ruminate in the abstract about a world in which everyone — not just the bigwigs and the corporate behemoths — has access to the information required to maximize their potential as an investor. But traders have long been aware that, in order to make that dream a reality, they need better tools to monitor markets by the tick of the clock so that they can envision a trade and then make it when the prime opportunity strikes.

Last October, Robinhood gave traders just that in the form of Robinhood Legend. It’s an almost endlessly customizable browser-based trading platform with an innovative interface that traders can set up in seconds. Better yet: It doesn’t cost any money. Yes, you read that correctly: If you’re a Robinhood user, it’s free.

That means you can focus on using it to put your money to work. Think of it as a way to perfect your investments that is not in itself an investment.

Need a hand picturing it?

Well, are you tired of trying to conduct complex analyses on the screen of your phone? With Robinhood Legend, you can turn your desktop into your personal trading floor.

Imagine being able to study up to eight charts in one window in layouts designed by you, with widgets in the position you want them, in the size you want them to appear. Or, if that sounds like too much effort, pick from an array of preset templates for stock trading, options trading, and market monitoring.

Once you’re set up with a layout, there are a host of additional features to take advantage of. Mark up your charts with drawing tools like Fibonacci retracements and trend channels, so as to better predict where the price of an asset is headed. Watch technical indicators that update in real time, like moving averages and Bollinger bands, that help you track and make sense of where the price of an asset might be heading.

When that moment arrives, every split-second is precious. That’s why Robinhood Legend empowers you to act with lightning speed. Trade stock, ETFs, and options straight from charts, watchlists, or option chains with a single click.