Investor Trip
Robinhood Broker logo

Robinhood Broker

Explore Robinhood, the commission-free trading pioneer, offering user-friendly access to stocks, ETFs, options, and crypto. Ideal for new and seasoned investors.

Updated: 14 April 2026

Overall Rating

4.9 / 5

Min Deposit

$0

Instruments

5

Regulation

FINRA, SEC +1

Go to the site
OverviewUpdateSoon

About its history and mission

Commission-free trading is the big site of Robinhood founded in 2013 by its base in Menlo Park, California. Such a convenient and adorable mobile app accessible to both new and seasoned traders was developed with total focus on simplicity for stocks, exchange-traded funds, options, and cryptocurrencies and aims to democratize finance, backing up its traditional business regular brokerage fees.

Founded
2013
Headquarters
Address
Website

Strengths and Weaknesses

Strengths

  • Free stock, option, ETF, and cryptocurrency trades; 0.01% APY on uninvested cash for non-Gold users and 5.00% for Gold members
  • IPO investing available
  • Cash management accounts available
  • Website is easy to navigate; advanced charts for all users

Weaknesses

  • Lack of investing research and trading tools; can only take advantage of professional research if you're a Robinhood Gold member
  • No joint accounts, education savings accounts, or mutual funds

Safety and Regulations

The securities exchange industry's watchman, the U.S. SEC, monitors Robinhood as a broker-dealer, and the regulatory organization FINRA authorizes it. Funds of customers are up to an amount of $500,000 payable through Securities Investor Protection Corporation (SIPC), with $250,000 allocated to cash claims. In addition, Robinhood uses encryption and two-factor authentication (2FA) for the highest level of confidentiality.

Regulators

  • FINRA
  • SEC
  • SIPC

Instruments Available

StocksETFsOptionsCryptocurrenciesFractional Shares

Types of Accounts

Cash

Minimum deposit
$0
Commission
Available tools
0
Leverage
Margin call level
Stop-out level

Margin

Minimum deposit
$0
Commission
Available tools
0
Leverage
1:1 to 1:4
Margin call level
25
Stop-out level

Fees and Charges

Robinhood stands excellent with regard to transparent cost structures:

Stock trading
Trading fees: No service charges on trading takes place through Robinhood on stocks, ETFs, options, or cryptocurrencies.
Options trading
Trading fees: No service charges on trading takes place through Robinhood on stocks, ETFs, options, or cryptocurrencies.

Trading Platforms

Mobile Application

Best-suited trader-friendly mobile platform with its tools ready for on-the-go trading by all.

desktopmobile

Web Platform

Basic analytics and clear-cut features via an interface.

desktopweb

Robinhood Gold Features

Advanced information services, Level II market data, and margin trading platforms are included.

web

Customer Support

Contact information not available. Visit the broker’s website for support options.

Deposits and Withdrawals

Processing time
1-3 business days is standard for ACH deposits and withdrawals; wire transfers are faster but come with fees.
Fees
1-3 business days is standard for ACH deposits and withdrawals; wire transfers are faster but come with fees.

FAQ

Is Robinhood a regulated broker?
Yes, Robinhood is regulated by the U.S. Securities and Exchange Commission (SEC) and is a member of FINRA, providing compliance with financial regulations.
Which trading platforms are available?
Robinhood offers a mobile app and a web-based platform, both designed with simplicity and ease of use in mind.
What is the minimum deposit to open an account?
There is no minimum deposit requirement to open an account on Robinhood.
What is the highest leverage available?
Robinhood Gold offers margin trading, allowing eligible users to access additional leverage by using their account as collateral.
Are there any fees for deposits and withdrawals?
Deposits via ACH are free, while wire withdrawals incur a $25 fee. ACH withdrawals are processed without additional charges.
What instruments can be traded on Robinhood?
Robinhood provides commission-free trading of stocks, ETFs, options, and cryptocurrencies. Fractional shares are also available for as little as $1.
Does Robinhood offer customer support?
Yes, Robinhood provides customer support via in-app messaging, email, and an extensive Help Center for FAQs and guides.

Users reviews

Robin

Feb 9, 2025

I wish I could give a lower rating. Avoid using ROBINHOOD at all costs. Their customer service is non-existent; you’ll only interact with a virtual assistant and won't have access to a direct phone line or personal email for any real human contact. The only option available is their generic help email, which mirrors the virtual chat experience. I strongly advise against entrusting your investments with them. Consider this a warning.

terry

Feb 9, 2025

Avoid this broker at all costs. I experienced a security breach and was unable to access my account. Despite providing them with my phone details and other information, they simply shut down my account without offering any help or support. In my opinion, a class action lawsuit should be considered against this company. It's truly a disappointing and poorly managed operation.

T E

Feb 8, 2025

Terrible experience. Whenever I attempt to withdraw funds, particularly on Fridays, I find myself having to take random selfies. It seems like these issues arise just when my bank balance is running low. This is by far the most frustrating investment firm I've ever encountered.

Showing 1–3 of 10 reviews