Robinhood: Investing for All 4+

Crypto / Stocks, Options, ETFs

Robinhood Markets, Inc.

    • Free

Description

Robinhood makes investing simple. Trade stocks, options, ETFs, and crypto, all with zero commission fees.* Join a new generation of 22M+ investors & start building your portfolio with free stock on us.**

START WITH AS LITTLE AS $1
- Own a fraction of some of your favorite stocks, ETFs, & crypto

TRADE AND TRANSFER CRYPTO SEAMLESSLY
- Buy and sell crypto with zero commission fees
- Own your coins & securely transfer them in & out of your wallet
- Trade Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), Shiba Inu (SHIB), Polygon (MATIC), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Bitcoin SV (BSV), & Compound (COMP)

INVEST SECURELY WITH LIVE SUPPORT, 24/7
- Request live phone support in the app, any time of day or night
- Our robust security tools, like 2-factor authentication, keep your account safe
- We provide protection for your holdings up to $500,000****

BUILD YOUR FUTURE WITH RECURRING INVESTMENTS
- Automatically invest in stocks and ETFs with Robinhood Financial & crypto with Robinhood Crypto
- Invest the way you want by choosing your dollar amount & frequency

GET REWARDED AS YOU SPEND
- Set aside the change from Robinhood Cash Card purchases to invest
- Earn a weekly 10–100% bonus on your round-ups (up to $10)
- Get your paycheck up to two days early with direct deposit***
- Eligible for up to $250K in FDIC insurance

LEARN AS YOU INVEST
- Get a recommendation for your first trade
- Learn as you invest with in-app lessons
- View in-app stock market news and stock performance info
- Receive witty financial news from Robinhood Snacks

UNLOCK ADVANCED TOOLS WITH ROBINHOOD GOLD
- Get bigger instant deposits (up to $50k)
- Access margin investing with an industry-leading rate of 3.5%
- Stay on top of the market with Nasdaq Level II data
- Receive professional research from Morningstar

ACCESS MORE WITH ROBINHOOD
- Get free stock when you refer friends (up to $1,500)
- Trade during extended hours (7 AM—8 PM ET)
- Invest in newly public companies at their IPO price with IPO Access
- Participate in Shareholder Q&As powered by Say Technologies, LLC

Disclosures
Investing is risky and one should consider their investment objectives & risks carefully before investing.

*View Robinhood Financial's fee schedule at rbnhd.co/fees.

**Free Stock program: new customers need to sign up, get approved, and link their bank account. See full terms and conditions at rbnhd.co/freestock

***Early access to direct deposit funds depends on timing of the payer's submission of deposits and is not guaranteed. We generally make these funds available on the day the payment file is received which may be up to two days earlier than the scheduled payment date.

****Member of SIPC. Securities in your account protected up to $500,000. For details, see www.sipc.org. This does not protect against a loss in the market value of securities.

Robinhood Money, LLC ("RHY") (NMLS ID: 1990968) offers a spending account & the Robinhood Cash Card. The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard®. Round-ups & rewards are a service of Robinhood. For round-ups & rewards to be available, you need to have a brokerage account with Robinhood Financial, LLC or a Crypto Account with Robinhood Crypto, LLC

Cryptocurrency trading is offered through an account with Robinhood Crypto (NMLS ID: 1702840).

IPOs can be risky and speculative investments & may not be appropriate for every investor. Learn more at rbnhd.co/IPOAccess.

Fractional shares are illiquid outside of Robinhood & are not transferable. Not all securities are eligible for fractional share orders. Learn more at robinhood.com

Securities trading offered through Robinhood Financial LLC, member SIPC. See our Customer Relationship Summary at rbnhd.co/crs.
Robinhood Financial LLC and Robinhood Crypto, LLC are wholly-owned subsidiaries of Robinhood Markets, Inc. 2191311

What’s New

Version 2022.25.0

Here's what's under the hood in our latest update:
- Bug fixes and improvements

Ratings and Reviews

4.2 out of 5
4M Ratings

4M Ratings

Pw95 ,

Excellent, but improvement idea

First off, using the app now for years and loving it. Excellent idea also to add option trading and crypto. I very much enjoy the margin account under Gold (well done and conditions are fair) and I see how Robinhood is constantly improving it. However, definitely problematic are the following aspects: 1. Power usage, the app is draining my battery. Idk if it is because I have a lot of stocks on the watch list and every time I open the app it’s loading in all data for each of them or something, no idea. But my phone gets very warm after a few minutes of using the app (iPhone Xs with 96% battery health and iOS 13.6). 2. Technical issues at order placing. Low volume products such as certain options or even for high volume blue chip stocks sometimes the order confirmation page is loading for 5min before it’s placed. Same thing for cancelling an existing order sometimes. Usually though this isn’t much of an issue. 3. Robinhood has the “replace order” button for placed but pending orders for options. Why not also make it a button for placed but pending stock orders? Would be so convenient. 4. I just wish you’d see some more data next to the list where you see PE and yields. Beta coefficient and payout ratio would be absolutely lovely to have there. Important metrics and convenient to see at one glance. Hopefully you’ll take this feedback into consideration when improving the app. Other than that, keep up the good work! Thanks.

Developer Response ,

Thanks for taking the time to write an in-depth review.

We appreciate the feedback! Input from users like you helps Robinhood become the best platform it can be. Providing a great investing experience for users like you is what keeps us motivated.

Gusteivo ,

Please make these corrections before ipo

I need to be able to sort my stocks without having to drag like sort by a-z or sort by total % earnings Sort by holdings display data More crypto options And most importantly MOST IMPORTANTLY im sick of every 1/7 stocks I buy to be missing data like history and avg cost I shouldn't have to write down my purchase price somewhere else for fear your app wont save it as it should Good job and thanks for the interest rate at 2.5 Everything else you guys are doing is great. Youve changed the life of millions of people with little to no experience in stocks for better or worse, but what’s ñ is h agl the accessibility to many people that didnt have it Stay true to your robinhood name, make it part of the company credo long term even after you ipo and grow significantly and you will go very long Thank you

Edit: I dont like the fact I cant buy more positions of certain stocks that I was once able to buy and now can only sell out of. company has now IPO’d and interest rate is now 3 instead of 2.5 People have been requesting the sorting feature since 2017 still no changes to facilitating organizing or customizability. I understand it’s important to make it easy for new investors, but there needs to be options for now not so new investors that want more info and can understand more complicated aspects of investing I suggest this in order to not only attract new investors but attract and retain the not so new investors thank you

Letmereviewdammmmiittt ,

Loyal Customer

Robinhood got me into stock trading. Honestly, like any new trader, I made probably the same mistakes that most do. But that has more to do with me than the app. The app however has always been free, was the first to be free, and changed modern trading. I’ve never run into the issues that some people say Robinhood has had. My money is deposited in 3-5 business days. I can enter limit orders. I can trade basically how I want. Over the years they’ve had a few updates like showing total percent change, not just daily. I like the line graph that shows total change in nomal dollars over time. I’ve used some crypto apps that just show your dialy % change only, and its nice to see how far you’ve come along without having to go back to your excel/googlesheet spreadsheet. I’ve learned from those newbie mistakes over the years, and I regularly add to my portfolio and I am usually seeing my money move up and to the right. Dividends come in when they are supposed to. I haven’t seen any real issues to be honest.

The only thing Robinhood needs to do now is allow IRA accounts, and Roth, and not just personal taxable accounts. They should really open up to be a new Vanguard and then they’d really take over the world. But for the time being, it’s a great way to learn about the stock market, and it looks really sharp, and I would recommend it as app number 1 for anyone who wants to get into stocks.

Looking forward to future updates

Developer Response ,

Thanks for your feedback about the app! We always appreciate it when our customers let us know how we can make Robinhood better. We’ll be sure to share your thoughts with our team. Have a great day!

App Privacy

The developer, Robinhood Markets, Inc., indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Linked to You

The following data may be collected and linked to your identity:

  • Purchases
  • Financial Info
  • Location
  • Contact Info
  • Contacts
  • User Content
  • Search History
  • Browsing History
  • Identifiers
  • Usage Data
  • Diagnostics
  • Other Data

Privacy practices may vary, for example, based on the features you use or your age. Learn More

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