Robinhood: Investing for All 17+

Stocks, Options, ETFs / Crypto

Robinhood Markets, Inc.

    • Free

Description

Robinhood helps you run your money your way. Identify trends for your investing strategies with technical indicators like moving average (MA), relative strength index (RSI), and more.

TRADING
-Commission-free trading on stocks, ETFs, their options, and crypto.
-Lowest costs on average on Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other crypto.
-Invest as much or little as you want. Other fees may apply*.

ROBINHOOD GOLD ($5/month)
-Earn 4.25% APY on uninvested cash (no cap).¹
-Earn a 3% retirement IRA match.²
-Get Instant Deposits up to $50,000.³
-First $1K of margin investing (if eligible)⁴

SECURITY + 24/7 LIVE SUPPORT
- Chat with a Robinhood associate anytime
- Security tools, like 2-factor authentication, keep your account safe

Disclosures
Investing is risky, consider investment objectives & risks carefully before investing.

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

1. In addition to joining Robinhood Gold, customers must enroll in the Brokerage Cash Sweep program for their deposits to earn interest.
2. The 3% matching on contributions requires a subscription with Robinhood Gold (fees apply), must be subscribed to Gold for 1 year after your contribution to keep the full 3% match. You must have compensation (wage income) in order to contribute to an IRA. The funds that earned the match must be kept in the account for at least 5 years to avoid a potential Early IRA Match Removal Fee.
You must have compensation (wage income) in order to contribute to an IRA. Funds being contributed into or distributed from retirement accounts may entail tax consequences. Contributions are limited and withdrawals before age 59 1/2 may be subject to a penalty tax. Robinhood does not provide tax advice; please consult with a tax adviser if you have questions.
The Robinhood IRA is available to any U.S. customer with a Robinhood brokerage account in good standing.
3. Bigger Instant Deposits are only available to customers in good standing and may be limited for trades involving volatile assets or derivatives.
4. Not all investors will be eligible to trade on Margin. Margin investing involves the risk of greater investment losses. Additional interest charges may apply depending on the amount of margin used.
Cryptocurrency trading is offered through an account with Robinhood Crypto (NMLS ID: 1702840).
Fractional shares are illiquid outside of Robinhood & are not transferable. Not all securities are eligible for fractional share orders. Learn more at robinhood.com
Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC.
Securities trading offered through Robinhood Financial LLC, member SIPC. See our Customer Relationship Summary at rbnhd.co/crs.
Robinhood Financial LLC, Robinhood Gold, LLC, and Robinhood Crypto, LLC are wholly-owned subsidiaries of Robinhood Markets, Inc.
There are additional, unique risks with trading outside of regular market hours you should be aware of before making an investment decision, including the risk of lower liquidity, increased volatility, greater spreads, and pricing uncertainty. Robinhood 24 Hour Market is from Sunday 8 PM ET - Friday 8 PM ET.
Robinhood, 85 Willow Road, Menlo Park, CA 94025

What’s New

Version 2024.48.1

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

Ratings and Reviews

4.2 out of 5
4.4M Ratings

4.4M Ratings

Sinful Boots ,

Worst support ever!

I’ve been moving my banking systems around to shift from one bank to to another. I make attempts to link the new bank account to Robinhood and it asks me to provide a bank statement for the new account. I send the bank statement with the name my name, and later received an email saying it was declined because the name did not match the Robinhood account name. They don’t ask for middle name when making an account so I did not provide one. I resubmit my statement reassuring them my account name is correct. Later that day the automated system restricts my entire account preventing me from using any features including bank transfers or my card. I check an email and says that I should contact Robinhood. After hours of dealing with numerous “Specialists” and not having any method of directly communicating with their review team other than email through their specialist. I still don’t have access to my account when I have provided them with every piece of information they needed, to include Bank statements from both my NFCU and Chase bank, Passport ID, and a facial recognition scan from Robinhood. I should not have to resort to borrowing money from friends/ family just to eat or get to work because an automated system no longer decides I am worthy of accessing my own money and the company decides take the most ridiculously lengthy process to restore access to my money.

Developer Response ,

Sorry to hear about your support experience! This certainly isn’t the Robinhood way. If you’d like to give our support team a second chance, please reach out to reviews@robinhood.com and we’ll do our best to provide you with a much better customer experience.

ClydeJonesVII ,

Just needs a human when things go wrong

As of lately I have literally been logging into my Robinhood app at least 7 times a day or more. I am very familiar with the layout, the menu, settings etc. One day I opened the app and saw all of my investments and well as other stocks that are listed showing a gray box next to it with a dash going through it. Now I’m used to seeing something kinda similar when I lost my signal and the app is trying to pull the information as soon as I get a signal but this time was different. I was home connected to my WiFi and my internet connect was excellent. No other app was having connectivity issues so I knew it wasn’t my internet, the only option available on my Robinhood was the link for a free stock if I recommend a friend. So I tried to troubleshoot by closing the app out completely then flogging back in and the same problem. I then clicked on the Help then contact us and realized the help is just pre loaded questions that they assume should resolve most issues you have but since none of those preloaded questions pertained to me I chose the option of “something else” which it then led me to write an email option. I did however within about 20 minutes the app began functioning properly. I never received an email response back and that was at least 2 weeks ago. That is my biggest concern with the Robinhood app. No live chat support or phone number to call. Other than they if everything works as designed the is the best app for your money.

Developer Response ,

We’re sorry to hear you’re having issues getting the help you need. If you still need assistance, please reach out to us at reviews@robinhood.com. We’d really like to resolve this for you.

Patel Ankit (newark) ,

Love App , company and democratized breakthrough

I remember back in 2013 I started to invest in Stocks with a Scottrade brokerage firm and each time you make a transaction you pay $7 fee. So, basically for buying a single stock you have to pay $7 and selling another $7. At the end of the day your profit meter will always start after $14 at any given point , beginners don’t find it viable option that each time your profit has to be -$14 plus federal taxes at the end of year. I have been using this product almost since 2014 or 15 cannot remember but cannot think for a better app than robinhood. There are lot of other wealthy brokerages firms and rich people who try to criticize robinhood mission and only want the rich to be rich. For average American joe or immigrants , robinhood has against all odds have provided a platform so simple that everyone can start investing for future.
When a person tries to a breakthrough something established for years they definitely face a lot of flak and criticism from people who have been rich holding stocks for decades but millennials want to improve their life today! At the same time think about future. Everyone needs are different.
Long story short, stock and options trading is phenomenal and crypto there is still room to improve and add more currencies. Also, I would definitely be interested in what company has to offer long term for assets management.

Developer Response ,

Thanks for taking the time to write an in-depth review. We appreciate you taking the time to share your thoughts regarding Robinhood! We're glad to hear that you're joining us in democratizing the financial system!

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 Used to Track You

The following data may be used to track you across apps and websites owned by other companies:

  • Identifiers

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

Supports

  • Wallet

    Get all of your passes, tickets, cards, and more in one place.

More By This Developer

You Might Also Like

Webull: Investing & Trading
Finance
MarketSim
Finance
Webull Pay: Crypto Buy & Sell
Finance
M1: Invest & Bank Smarter
Finance
thinkorswim: Trade. Invest.
Finance
Public: Stocks, Options, Bonds
Finance