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Robinhood Review

Best Mobile App
4.2/5
|Trust Score: 85/100|10 years in business

Last reviewed: February 2026

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Quick Facts

Min. Deposit

$0

Trading Fees

$0 for stocks and ETFs

Spreads

Variable

Regulation

SEC, FINRA, SIPC

Platforms

Mobile App, Web Platform

Instruments

Stocks, ETFs, Options, Crypto, ADRs

Pros & Cons

Advantages

  • Commission-free trading
  • User-friendly mobile app
  • Fractional shares
  • Easy account opening
  • Crypto trading
  • Cash management

Disadvantages

  • Basic research tools
  • Limited investment options
  • No retirement accounts
  • Limited customer support

Category Scores

Day Trading75/100
Forex0/100
Beginners95/100
Crypto85/100
Low Fees98/100
Options82/100

Fee Breakdown

Fee TypeDetails
Stock Commission$0
Stock Min. Trade$1
Options (per contract)$0
Forex CommissionN/A
Forex SpreadN/A
Crypto Commission$0
Crypto SpreadVariable
Inactivity Fee$0
Withdrawal Fee$0
Deposit Fee$0

Platform Features

Fractional Shares
Instant Deposits
Margin Trading
Short Selling
Advanced Charting
Paper Trading
Mobile Trading App
Web Platform
Desktop Platform
API Access
Auto Trade
Social Trading
Copy Trading

Account Types

Standard Account

Min. Deposit: $0

  • Commission-free trading
  • Instant deposits
  • Cash management

Gold Account

Min. Deposit: $0

  • Margin trading
  • Larger instant deposits
  • Professional research

Ready to start trading with Robinhood?

Open an account in minutes. Min. deposit: $0.

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Three Investeers Team

Reviewed by Three Investeers Team · Financial Education Team

Our team of experienced traders and financial educators is dedicated to making investing accessible to everyone. With decades of combined market experience, we provide research-backed insights and unbiased reviews.

How We Review Brokers

Our broker reviews are based on extensive hands-on testing and independent research. We evaluate each broker across multiple criteria including fees, platform usability, available instruments, regulation, customer support, and educational resources. Scores are calculated using a weighted methodology that prioritizes factors most important to each trading category.

Independent reviews — not influenced by broker partnerships

Hands-on testing — we open real accounts to evaluate platforms

Regular updates — reviews are refreshed as brokers change their offerings

Fact-checked — all data verified against official broker sources

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