#Robinhood:

Peter Brandt Criticizes Robinhood’s New ‘Multiple Accounts’ Feature

Legendary trader Peter Brandt, whose career dates back to the 1970s, has shared a sarcastic take on Robinhood’s recently launched ‘Multiple Accounts’ feature for trading crypto and stocks. The tool, announced at the HOOD 2025 Summit, allows users to organize portfolios by asset class, time horizon or personal goals.

However, Brandt warns that this could lead to misleading behavior on platforms like X and YouTube. He suggests that traders could be showing off profitable accounts while hiding losses, creating a false image of success. “This will make X and YouTube even more toxic ‘blind baskets,’” Brandt said of X.