Robinhood is a trading platform built to simplify investing for as many people as possible. With a streamlined mobile-first experience and no required account minimums to start, Robinhood enables users to trade stocks, ETFs and options, while also offering fractional shares and a premium tier for more features.
Whether you’re a beginner or more experienced trader, Robinhood offers a straightforward way to access the markets, with both mobile and desktop options.
Robinhood delivers a fast and intuitive investing experience with essential features for today’s mobile-first traders:
Yes — Robinhood’s simple interface, low barriers to entry, and commission-free structure make it a very accessible option for new investors. However, beginners should still educate themselves on the risks of trading and understand any advanced-feature approvals.
Robinhood supports U.S. stocks and ETFs, fractional shares buying, and options trading (for qualified users). It also provides a web/desktop interface and mobile app for trading.
Robinhood advertises $0 commissions on trades of U.S. stocks and ETFs. However, standard regulatory or exchange fees still apply. Also, the Robinhood Gold subscription has a monthly fee and other premium tools may carry costs.
Robinhood offers an IRA contribution-match benefit: for eligible users, with an active Robinhood Gold subscription, you may receive a 3 % match on annual IRA contributions. A lower match (1 %) may apply if you do not have Gold. The match is subject to terms including maintaining the Gold subscription for a period and keeping funds in the account (earn-out rules).
Yes — Robinhood offers options trading (for qualified users). In 2024/2025 the platform expanded to offer futures and index options via its ‘Robinhood Legend’ desktop platform.
Yes. To trade options or margin, you need approval from Robinhood and meet certain requirements. The IRA match program has conditions and earn-out requirements; offers may change. Also, more advanced products (futures, index options) carry higher risk and may not be suitable for all users.
All investments involve risk and loss of principal is possible.
Margin borrowing increases your level of market risk, as a result it has the potential to magnify both your gains and losses. Before using margin, customers must determine whether this type of strategy is right for them given their investment objectives and risk tolerance. Regardless of the underlying value of the securities you purchased, you must repay your margin loan. Robinhood Financial can change its maintenance margin requirements at any time without prior notice. If the equity in your account falls below the minimum maintenance requirements (varies according to the security), you’ll have to deposit additional cash or acceptable collateral. If you fail to meet your minimums, Robinhood Financial may be forced to sell some or all of your securities, with or without your prior approval. For more information please see Robinhood Financial’s Margin Disclosure Statement, Margin Agreement and FINRA Investor Information.
Options trading entails significant risk and is not appropriate for all investors. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Certain complex options strategies (including multi-leg) carry additional risk and complexities including the potential for losses that may exceed the original investment amount.
The 3% matching on contributions requires a subscription with Robinhood Gold ($5/mo) and customers must stay subscribed to Gold for 1 year after your first Gold match to keep the full Gold match. 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. Match rate subject to change. Non-Gold customers receive a 1% match. Offer only applies to self-directed IRAs. For more information refer to the IRA Match FAQ.
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.
Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC.
Brokerage services are offered through Robinhood Financial LLC, (RHF) a registered broker dealer (member SIPC) and clearing services through Robinhood Securities, LLC, (RHS) a registered broker dealer (member SIPC).
RHF and RHS are not banks. All are separate but affiliated entities. Securities offered by RHF are not FDIC insured and involve risk, including possible loss of principal.
See what some customers are saying about Robinhood
Excellent • 1,134 Reviews
We highlight a selection of verified Trustpilot reviews for SoFi Active Invest®. These are presented from highest to lowest rating by default, with the option to sort differently. For the full set, visit Trustpilot directly.
Robinhood makes investing straightforward and accessible. The app's design is intuitive, and I appreciate the commission-free trades.
User-friendly interface and helpful educational resources. It's been a great platform to start my investing journey.
Excellent platform! I've been using Robinhood for months, and it's helped me stay consistent with my investments.
Great platform for beginners. The mobile app is smooth and easy to navigate.
Robinhood has changed the way I invest. It feels more transparent and engaging than other apps I've tried.