07-21-2021, 11:16 PM
Has anyone tried Morpher? It looks like the next generation of Robinhood.
<!-- SC_OFF --><div class="md"><p>Morpher allows you to buy/sell fractional shares of anything: stocks/forex/indices/ etc with no fees. </p> <p>It looks like they convert your money into a cryptocurrency called MPH and then you "trade" with this cryptocurrency. I say "trade" because there's no real trading of securities. They have some type of internal bookkeeping that I don't really understand, but the result is you can trade just about anything with no lower limits. You can have a highly diversified $10 portfolio.</p> <p>You can only really trade outside the US due to regulations. Inside the US you can open a paper trading account and see what it looks like. It's at morpher.com</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ron_leflore"> /u/ron_leflore </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/oouv34/has_anyone_tried_morpher_it_looks_like_the_next/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/oouv34/has_anyone_tried_morpher_it_looks_like_the_next/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Morpher allows you to buy/sell fractional shares of anything: stocks/forex/indices/ etc with no fees. </p> <p>It looks like they convert your money into a cryptocurrency called MPH and then you "trade" with this cryptocurrency. I say "trade" because there's no real trading of securities. They have some type of internal bookkeeping that I don't really understand, but the result is you can trade just about anything with no lower limits. You can have a highly diversified $10 portfolio.</p> <p>You can only really trade outside the US due to regulations. Inside the US you can open a paper trading account and see what it looks like. It's at morpher.com</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ron_leflore"> /u/ron_leflore </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/oouv34/has_anyone_tried_morpher_it_looks_like_the_next/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/oouv34/has_anyone_tried_morpher_it_looks_like_the_next/">[comments]</a></span>Kind Regards R