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Robinhood

Investing for everyone

As of 30 August 2026, Robinhood is free to use. Robinhood is a commission-free stock trading platform that makes investing accessible. Softwr lists it under Personal Finance. Robinhood is made by Robinhood Markets, Inc., launched in 2013, available on Web, iOS, Android.

Overview

What Robinhood does

Robinhood is a commission-free stock trading platform that makes investing accessible. Trade stocks, options, and crypto with zero commissions and no account minimums.

What people use it for

  • Commission free trading of US stocks and ETFs from a phone
  • Options and futures trading for retail investors
  • Holding an IRA with a contribution match

The honest half

Where it falls short

Concrete and checkable, so you can decide whether any of them matter to you. This is the half of a review a vendor will not write about Robinhood.

  • Robinhood Gold costs 5 USD a month after a 30 day free trial
  • The 3.35 percent APY on brokerage cash is available only to Gold subscribers
  • The 3 percent IRA contribution match requires keeping the Gold subscription for one year and leaving the assets in the IRA for five years, and is capped at 225 USD against 2026 contribution maximums
  • Reduced contract fees of 0.50 USD per futures contract and 0.35 USD per index option apply only to Gold subscribers
  • Management fees are waived only above 100K USD in expert managed portfolios

Cross-shopped

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Each pairing was judged by two reviewers asking whether a buyer would genuinely weigh the two against each other. The ones that failed were deleted rather than published.

Pricing

What Robinhood costs

Taken from the vendor's own pricing page. Prices move, so check before you buy.

Free

Free

  • Commission-free trading
  • Real-time data
  • Mobile app

Gold

$4.99 /mo

  • All Free features
  • Extended hours trading
  • Premium research

Capabilities

Features

  • Commission-free trading

  • Options trading

  • Crypto trading

  • Fractional shares

  • Bank accounts

    Integration with Bank accounts

  • Crypto wallets

    Integration with Crypto wallets

  • Web support

    Available on Web

  • IOS support

    Available on iOS

  • Android support

    Available on Android

Answered, with sources

Questions people ask

Each answer names the page it came from, so you can check it rather than take our word for it.

What is the minimum amount needed to open a Robinhood account?

You can get started with as little as $1.

Source
What does Robinhood Gold cost and what does it include?

Robinhood Gold is $5 per month and includes zero management fees on portfolios exceeding $100,000 through Robinhood Strategies.

Source
Are there trading commissions on Robinhood?

Robinhood offers 24/5 commission-free stock and ETF trading. Other fees may apply to your brokerage account as detailed in the RHF Fee Schedule.

Source
What cash back rate does Robinhood's credit card offer?

The Robinhood Agentic Credit Card offers 3% cash back on purchases.

Source
How much FDIC insurance coverage do Robinhood Cash Card accounts have?

Cash Card accounts are covered up to $250,000 through FDIC insurance via Sutton Bank.

Source

Behind it

Who makes Robinhood

Company
Robinhood Markets, Inc.
Based in
Menlo Park, California
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Softwr does not host reviews and shows no star rating for Robinhood, because a rating we did not collect is not ours to publish. What is here is the pricing and platform detail from the vendor’s own pages, limitations we could state concretely, and alternatives a reviewer confirmed people weigh against it. Tell us if any of it is wrong.

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