Robinhood: Investing for All 17+
Stocks, Options, ETFs / Crypto
Robinhood Markets, Inc.
-
- Free
Screenshots
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, options, EFTs, 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 4.5% APY on uninvested cash (no cap).¹
-Get 1% extra on deposits.2
-Earn a 3% retirement IRA match.3
-Get Instant Deposits up to $50,000.4
-First $1k of margin investing (if eligible)
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 Gold, customers must enroll in the Brokerage Cash Sweep program for their deposits interest and become eligible for FDIC insurance at partner banks.
2. Deposit boost offered through Robinhood Financial LLC and total boost is paid out over 24 months. To earn your full boost, hold or invest your brokerage deposits for 2 years. If you cancel Gold, you’ll lose future payouts you haven’t earned yet. Boost only applies to net new, eligible deposits.
3. 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.
4.Bigger Instant Deposits are only available to customers in good standing and may be limited for trades involving volatile assets or derivatives.
IRA match: Contributions must come from an external account and must be held in the Robinhood IRA for at least five years to avoid the possibility of a withdrawal fee
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
RO 3870727
What’s New
Version 2024.40.1
Here's what's under the hood in our latest update:
- Bug fixes and improvements
Ratings and Reviews
Great app. But has its flaws.
I favored RH’s UI over E-Trade. Simpler to use and I like the ease of searching for stocks and symbols. My recent experience however is a little disappointing. 1) dividends do not show up even if companies do have them. Yes, I can easily just switch to another app or look it up, but e-trade showed you the dividends, how much the dividends were, and when the payout for said dividend would occur. Why not add this basic feature to help ppl like myself avoid leaving the app to look up a stock you can already see. 2) I don’t know what happened but when I first started using RH, the last tab to the right on the bottom of my screen (using and iPhone 14 Pro) use to show me a graph with all my current investments and where the majority of my investments were in. And then it would have options to look into different fields I.e the energy sector or technology sector. It no longer shows me the chart or those options. I don’t even know how to begin looking for it. It was a good way imo to view other stocks and not just the top companies. I could even find penny stocks from it not that I’m interested in those. But even r-trade doesn’t have that feature. I don’t know for what reason the previous UI I envied went to but I would like to have it back. Hopefully the devs can shed some light on some of these issues that I’ve had. Other than those things the app is very easy to use and keep track of.
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.
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
Information
- Seller
- Robinhood Markets Inc
- Size
- 494.9 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 15.0 or later.
- iPod touch
- Requires iOS 15.0 or later.
- Apple Watch
- Requires watchOS 9.0 or later.
- Apple Vision
- Requires visionOS 1.0 or later.
- Languages
-
English
- Age Rating
- 17+
- Location
- This app may use your location even when it isn’t open, which can decrease battery life.
- Copyright
- © 2024 Robinhood
- Price
- Free
Supports
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Wallet
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