Users reported experiencing issues logging into Robinhood, Charles Schwab & multiple other trading platforms since today morning, consistent with a flurry of tweets.
The degraded performance on Robinhood via the website’s status page was however confirmed by several others too. The renowned retail trading platform posted a notice adding that, “Some users are experiencing issues with delayed order status updates. These are display issues only, and will not impact order execution. We are working to resolve this as soon as possible.”
Issues on TD Ameritrade as well as Charles Schwab have also been detected over the past few hours by downdetector.com.
While explaining the issue on Twitter, Charles Schwab said its website may be “intermittently inaccessible for a few clients” due to “a technical issue” leading to possibly longer-than-usual hold times.
United States users protection agencies have received over 400 complaints about Robinhood from its users within the starting of this year, consistent with a Bloomberg report, roughly fourfold the number of complaints filed about its competitors.