Robinhood
Commission-free trading for stocks, ETFs, options and crypto, plus retirement accounts, in one mobile app
by Robinhood Markets Inc · listed Nov 1, 2026
Quick verdict
Robinhood is a solid, easy pick for low-cost trading and getting started with investing, as long as you approach its options, margin and prediction markets with care.
Best for US investors who want commission-free trading of stocks, options and crypto in a simple mobile app
Reviewed by AppsPicks on Nov 1, 2026. How we review
Robinhood review
Robinhood is a brokerage app for buying and selling stocks, ETFs, options and more than 80 cryptocurrencies without per-trade commissions, though other fees can apply. It also offers IRAs with a match on eligible contributions, managed portfolios through Robinhood Strategies, margin borrowing, and event contracts in a prediction markets section covering sports, politics and economics. It suits US investors who want a simple way to start investing, as well as active traders who want options and crypto in the same account.
Day to day, the app is quick to navigate: placing a trade takes a few taps, and watchlists, charts and news are close at hand. More serious charting lives in Robinhood Legend, a separate desktop platform. The optional Gold subscription, at $5 a month or $50 a year, adds interest on uninvested cash, larger instant deposits and some interest-free margin.
Why we picked it: It makes stocks, options, crypto and retirement saving accessible from one clean app with no trading commissions.
Watch out for: The ease of trading options, margin and prediction markets can make risky bets feel casual, and the research tools are lighter than those at full-service brokers.
What we like
- No commissions on stock, ETF and options trades
- Stocks, options, crypto and IRAs managed in one account
- Clean, fast interface that suits beginners
- IRA match on eligible contributions
- Optional Gold plan pays interest on uninvested cash
What could be better
- Easy access to options, margin and event contracts can encourage risky trading
- Research and analysis tools are thinner than at traditional brokers
- Best features and accounts are aimed at US residents
- Gold perks such as the cash interest rate can change over time
Questions about Robinhood
Is Robinhood free?
The app and stock, ETF and options trades carry no commissions, though some other fees may apply. Robinhood Gold is an optional subscription at $5 a month or $50 a year.
Which platforms does it run on?
It is available on iPhone and Android, and there is also a web version plus the Robinhood Legend desktop platform for advanced charting.
Can I trade crypto on Robinhood?
Yes, it lists more than 80 crypto assets, including Bitcoin, Ether and Dogecoin, and says it charges no fees for crypto deposits or withdrawals.
Does Robinhood offer retirement accounts?
Yes, it offers IRAs with a match on eligible deposits, as well as professionally managed portfolios through Robinhood Strategies.
What are some alternatives?
Fidelity, Charles Schwab and Webull are common alternatives, with the first two offering deeper research and broader account types.
From the developer: how Robinhood describes itself
Power your financial future on Robinhood. Join over 28 million people using Robinhood to trade crypto, stocks, ETFs, options, predictions markets and save for retirement — all in one app.
TRADING - Commission-free trading on stocks, ETFs, & options. Other fees may apply. - Advanced trading tools: Robinhood Legend desktop charting, smart trend tools, & real-time AI market insights. - Flexible day trading: fast, powerful execution built for active strategies. - Competitive margin rates: grow your buying power with low, industry-leading borrowing rates.
RETIREMENT & MANAGED PORTFOLIOS - Managed portfolios: professionally managed portfolios tailored to your financial goals with Robinhood Strategies. - IRA Match: supercharge your retirement savings with extra match contributions on eligible deposits.
ROBINHOOD GOLD ($5/month, $50/annual) - Earn 3.6% APY on eligible uninvested cash (no cap)¹. - Get Instant Deposits up to $50,000². - First $1K of margin investing interest free (if eligible)³.
PREDICTION MARKETS - Turn your insights into trades on a regulated exchange. - Trade event contracts in the Robinhood Prediction Markets Hub featuring sports, politics, economics, & culture.
ROBINHOOD CRYPTO - 80+ crypto assets available. Trade BTC, ETH, DOGE & more. - Transfer crypto with zero deposit or withdrawal fees.
Investing is risky, consider investment objectives & risks carefully before investing. ¹ The High-Yield Cash Program is an added feature to your Robinhood Financial LLC brokerage account. The rate may change at any time. Review more details about how the High-Yield Cash Program works in the High-Yield Cash Program Agreement.
² Bigger Instant Deposits are only available if your Instant Deposits status is in good standing. Does not apply to IRAs or managed accounts.
³ 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. Rates subject to change.
View Robinhood Financial's fee schedule at rbnhd.co/fees Trading and owning digital assets involves significant risk, including the risk of substantial loss. Cryptocurrency services are offered through an account with Robinhood Crypto, LLC (NMLS ID 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected Visit https://robinhood.com/us/en/about/crypto/ for more information Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC See our Customer Relationship Summary at rbnhd.co/crs Portfolio management offered through Robinhood Asset Management, LLC ("Robinhood Strategies" or "RAM"), an SEC-registered investment advisor. For additional information about Robinhood Strategies, including about services, fees, risks, and conflicts of interest, please find our firm's brochure at 20260821-5848722-18693692 adviserinfo.sec.gov Robinhood Financial LLC, Robinhood Gold, LLC, Robinhood Crypto, LLC, and Robinhood Asset Management, LLC are wholly-owned subsidiaries of Robinhood Markets, Inc Futures, options on futures, and cleared swaps trading involves significant risk and is not appropriate for everyone. Please carefully consider if it's appropriate for you in light of your personal financial circumstances. Futures, options on futures and cleared swaps trading is offered by Robinhood Derivatives, LLC, a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and Member of National Futures Association (NFA) Contract references to third-parties are descriptive only and do not imply affiliation, sponsorship, or endorsement by any referenced parties Brokerage products provided by Robinhood Financial LLC, member SIPC Robinhood, 85 Willow Road, Menlo Park, CA 94025
Text from the app store listing, quoted for reference. Our own take is above.
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