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Robinhood

Investing for everyone

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

What people choose instead of Robinhood

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

    Commission-free trading capability

  • Options trading

    Options trading capability

  • Crypto trading

    Crypto trading capability

  • Fractional shares

    Fractional shares capability

  • 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

Behind it

Who makes Robinhood

Company
Robinhood Markets, Inc.
Based in
Menlo Park, California

Keep looking

Where to go from Robinhood

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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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