Robinhood: Investing for All 4+

Stocks, Options, ETFs / Crypto

Robinhood Markets, Inc.

    • Free

Description

Robinhood helps you run your money your way. Trade stocks, options, ETFs, with Robinhood Financial & crypto with Robinhood Crypto, all with zero commission fees. Other fees may apply*.

BOOST EVERY DOLLAR FOR RETIREMENT
- Earn 3% extra on every dollar you contribute when you subscribe to Robinhood Gold (fee applies).
- It’s easy to start a transfer of any retirement account and earn 3% until April 30 with Gold. There’s no limit on dollars matched (terms apply).

COMMISSION-FREE TRADING
- Trade stocks, ETFs, and options commission-free
- Invest with as much or as little as you want, whether it be $1 or $1000

ADVANCED CHARTS ARE HERE
- Identify trends for your investing strategies with technical indicators like moving average (MA), relative strength index (RSI), and more.

LEVEL UP WITH ROBINHOOD GOLD
- Earn 5% on your uninvested cash. Terms apply.**
- Get bigger instant deposits (up to $50k)
- Margin investing with a competitive rate (if eligible)
- Stay on top of the market with Nasdaq Level II data & Morningstar research
- $5 monthly fee after 30 day free trial

ROBINHOOD CASH CARD
- Get your paycheck up to two days early with direct deposit***
- Earn 2% cash back on eligible gas and groceries purchases****
- Earn cash back when you spend on offers from participating brands

CRYPTO WITH NO COMMISSION FEES
- We charge 0% to buy/sell crypto.
- Own your coins and securely transfer them in and out of your account
- Trade Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Dogecoin (DOGE), Avalanche (AVAX), Ethereum Classic (ETC) and more.

INVEST SECURELY WITH LIVE SUPPORT, 24/7
- Chat with a Robinhood associate for any questions you have.
- Our security tools, like 2-factor authentication, keep your account safe
- Protection for your holdings up to $500,000*****

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

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

**APY as of 11/15/23, and subject to change. Interest is earned on uninvested cash swept from your brokerage account to program banks.

***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.

****Cash back on eligible gas and groceries purchases requires a qualifying direct deposit.

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

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

Robinhood Money, LLC ("RHY") (NMLS ID: 1990968) offers a spending account and the Robinhood Cash Card. The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard®. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

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

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. 2784095

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 2024.10.0

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

Ratings and Reviews

4.2 out of 5
4.3M Ratings

4.3M Ratings

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!

michaelw17 ,

I wish you had more crypto and coins in general

I would like to invest in some other securities that robinhood doesn’t have. I feel you guys are losing clients to this matter. Also, there are some stocks you guys don’t allow on the site but are on others. Finally, I wish you guys would make trading extended from 4am-8pm. Again some other brokerages allow that. I feel that these 3 main reasons are holding you guys back alittle when you could have 100 million users instead of where we stand today. I’m with you 100%. Two wks ago I was alittle weary and Alot of fellow traders im friends with all started discussing leaving robinhood for other brokerages like webull and ameritrade etc etc again some prob left your brokerage over the squeeze ordeal. I had an issue with it also. I know you guys float money but this should have been thought of before you became a bank pretty much per say. We lost thousands and tens of thousands of dollars off of the retrained that were put on us. Even with crypto. That was alittle outside of character. I understand why but it screwed us when if we were on or with another brokerage per say that wouldn’t have happened and I’d have another 7-12k or more in my acct. right now. Just giving you the word on the street lol anyway you guys have made your site very easy to use and it’s all at your fingertips (for the most part like I stated) all in all. Thanks and hope this helps. Mike

Developer Response ,

Thanks for your suggestions! We always appreciate when our customers come forward with ideas on how to improve the app. We're constantly changing and tweaking things to make it better, and we'll do our best to incorporate your ideas. If you have any specific suggestions or criticism, please email reviews@robinhood.com so we can work towards making improvements.

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.

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

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