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Robinhood logo

Robinhood

Regulated
United States
Since 2013
Last Updated:

Trading Conditions

Min Deposit:
USD1
Max Leverage:
N/A
Account Types
  • Trust
  • Joint
  • ISA
  • SIPP
  • Cash (invest)
  • Professional
  • Premium
  • Joint
  • Joint
  • Corporate

Official website

robinhood.com

Online · checked Sep 10, 2026

Funding Methods

6 methods

Instant Bank Transfer

bank transfer
Instant
Fee:Free
Fee:1.75%

Standard Bank Transfer (ACH)

bank transfer
Up to 5 days
Fee:Free
Fee:Free

Debit Card Transfer

debit card
Instant
Fee:Free
Fee:1.75%

Standard Bank Withdrawal (ACH)

bank transfer
Up to 4 days
Fee:Free
Fee:Free

Wire Transfer

wire transfer
Up to 2 days
Fee:Free
Fee:$25

Cash Management Account

other
Instant
Fee:Free
Fee:Free

Trust rating

Fair

54 out of 100 · 61% checked· Provisional

The licences it claims have not been checked on any official register.

We checked Robinhood on 2026-10-25 across its regulation, company record, client terms, trading offer and service, and could verify 61% of its record. It claims 2 licences on its site, but none has been checked on an official register yet. The score of 54 is what the checked record adds up to; nothing held it down. The rating stays provisional until a claimed licence is checked on an official register. What would move the score: licence held by the onboarding entity, verified age, transparency. No investigation has been published yet, so complaints and reputation are unknown. Its client terms have not been reviewed yet.

Score last calculated 2026/10/25

Company Information

Full Name:Robinhood Markets, Inc
Founded:2013
Headquarters:United States
Enterprise Offices:1offices

Customer Support

Phone:
650-761-7789
Live Chat:
Available
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about Robinhood: its history, the licences it holds, its trading conditions and its fees.

Introduction and General Overview

Robinhood is an online Forex Broker that was founded in 2013 based in the United States. Robinhood has products and services in all of the following types: Cryptocurrencies, Options, Futures, Retirement accounts and many more. Robinhood has also provided the option to access through American Depository Receipts for over 650 Global Companies and Trade Fractional Shares.

Robinhood has both mobile and web trading which allows the end-user to access, and Trade while on-the-go, and all of this is accomplished through no minimum deposits required, thus making it open to Investors of Any Participation level. Robinhood provides Individual and Retirement Accounts without Commission Charges.

History of Robinhood.

Robinhood was created with a vision to simplify investing by taking the barriers away from investing and Stock Trading. Robinhood received National media attention, due to its introduction of Commission Free Trading, A different model to how Brokerage Firms operated in the USA. This was a passion project for Robinhood owners and a way to attract Young Investors and New Investors in the Stock Market. Robinhood has continually experienced rapid Growth.

Robinhood started with Stock Trading in 2013, and today has grown to offer options Trading, Cryptocurrencies, and ETFs, as part of their effort to be the complete package for their customers to utilize when Trading. However, there have been challenges along the way in regard to scrutiny and Regulatory Challenges, which has helped shape Robinhood's Development and Operational Policies.

What are some Key Features of Robinhood?

Commission Free Trading is one of the most recognizable attributes of Robinhood, It was one of Robinhood's first products provided to customers.Consequently, individuals making use of Robinhood will have the opportunity to trade in stocks ETFs and options without incurring traditional brokerage fees thereby lowering the cost of investing as well as increasing opportunities for investment by providing a lower barrier of entry.

Investment Options

Users can purchase or trade stocks, ETF's, or options, in addition to other cryptocurrencies, on the Robinhood platform through a single platform providing users with multiple investment options and the ability to create a well-diversified portfolio.

Mobile-First Platform

Providing a platform built on a mobile-first philosophy, Robinhood is developed to provide simple yet effective ease of use from a technology perspective as an integrated trading platform offering features such as access to market data and trading tools, and account management.

Regulatory Compliance and Licensing

Regulation and compliance is an integral aspect of any company that provides financial services. Unable to provide specifics with respect to Robinhood's exact regulatory licenses or licenses, the broker generally will be regulated through the respective industry associations (SEC), respectively the Financial Industry Regulatory Authority (FINRA).

Due to Robinhood's popularity in the U.S. marketplace, it is subject to both of these entities to adhere to the applicable industry standards and requirements pertaining to the protection of investors.

Regulatory Body

License Number

Licensure Status

Limited Information Likely

Limited Information Likely

Limited Information Likely

Terms of Trade, Trading Technology

While Robinhood trading conditions provide access to retail investors seeking simplicity and ease of accessibility, exact trading parameters are provided as publicly available information, including but not limited to spreads, leverageRobinhood is a huge player in the rapidly evolving landscape of retail investing. The company continues to provide its users with a wide range of valuable features, including real-time market data, the fastest possible trading times, and an intuitive way to manage your account.

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Robinhood provides an easy-to-use, mobile-first app and web-based platform for clients to trade and access real-time financial data. Both platforms are specifically designed to provide the quickest and easiest user experience possible.

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Trading Conditions

Best Available Marketplace

This is the information that is currently available to us about Robinhood's trading conditions:

Leverage

No public market information is currently available for Robinhood.

Minimum Deposit

No public market information is currently available for Robinhood.

Trading Platform Technology

A mobile-first app and web-based platform along with real-time market data are the primary tools Robinhood uses to facilitate trading.

Fee Structure

Robinhood is ubiquitous for offering commission-free trading and therefore does not charge commission fees for trading stocks, exchange-traded funds (ETFs), or options on its platform. In addition to Robinhood's commission-free trading, Robinhood collects other fees such as Deposits, Withdrawal Fees, Margin Interest, and Regulatory Fees.

At this time, there is not yet any publicly available comprehensive fee structure for Robinhood, but as future information becomes available, we will update this section.

### Fee Structure

### Fee Amount

Deposit Fees

This information is limited at this time.

Withdrawal Fees

This information is limited at this time.

Commissions

No commissions charged for stocks, ETFs, and Options.

Margin Interest

This information is limited at this time.

User Experience and Market Reputation

While the design and layout of Robinhood's mobile application make it simple for new investors to navigate through the market with ease, and very little effort expended while ordering or managing their portfolio, this simplicity has also resulted in negative user reviews of the platform and has also resulted in scrutiny and criticism from regulators. This negative perception has resulted in improvements to areas of the platform related to user transparency.

Summary

Overall, Robinhood is one of the leading brokers in the retail investor segment of the Financial Services Industry, largely as a result of its Commission-Free Trading methodology and user-friendly trading platform.

Currently, there is limited information on Robinhood's operations; however, it is important for any future users of the platform to stay updated on the company's regulatory status, fees, and features so as to make an informed decision. There is no question that Robinhood is one of the most important players in the ever-changing retail investing landscape.

Regulation check

Regulatory Licenses

Robinhood is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

0 of 3 checked
Licences on record
3
Confirmed on register
0
Tier 1 or 2
2
Offshore
0

WIKILIX

Licence intelligence

The strongest of 3 licences on file

Licence Verification Record

Financial Conduct Authority FRN: 823590

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
United Kingdom
Authority strength
Tier 1
Licence type
Financial Service
Not yet checked on the register

Client protection under this licence

  • Compensation schemeUp to £85000 (FSCS)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeFinancial Ombudsman Service
  • Maximum leverage1:30

These are the rules FCA sets for the firms it licenses. They are not a statement about how Robinhood applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

10 account types on record. Leverage up to 1:1.

10 account types
AccountMin DepositMax LeverageCommission
TrustInvestNot recorded1:1$0 per trade
JointCorporateNot recorded1:1$0 per trade
ISAInvestNot recorded1:1$0 per trade
SIPPInvestNot recorded1:1$0 per trade
Cash (invest)InvestNot recorded1:1$0 per trade
ProfessionalVIPNot recorded1:1$0 per trade
PremiumVIPNot recorded1:1$0 per trade
JointCorporateNot recorded1:1Not applicable
JointCorporateNot recorded1:1Not applicable
CorporateNot recorded1:1Not applicable
Account names and conditions as published by Robinhood, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

6 ways to fund an account. 6 with no deposit fee. 3 credit instantly.

6 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Instant Bank TransferBank Transfer
Available only for eligible users and select banks; limited to supported banks in the United States.
Free1.75%USD 1USD 1USD 50,000Instant
Standard Bank Transfer (ACH)Bank Transfer
Available to U.S. customers with a linked bank account; processing times delay fund availability.
FreeFreeNot recordedNot recordedUSD 50,000Up to 5 days
Debit Card TransferDebit Card
Available only for eligible users and linked debit cards; limited to supported debit cards in the United States.
Free1.75%Not recordedUSD 1USD 5,000Instant
Standard Bank Withdrawal (ACH)Bank Transfer
Available to U.S. customers with a linked bank account; funds may not be immediately available due to processing times.
FreeFreeNot recordedNot recordedUSD 50,000Up to 4 days
Wire TransferWire Transfer
Not supported for retirement, spending, or managed accounts; international wires not available; U.S. customers only.
FreeUSD 25Not recordedNot recordedUSD 50,000Up to 2 days
Cash Management AccountOther
Funds FDIC-insured up to $250,000 through Sutton Bank; available to U.S. customers.
FreeFreeNot recordedNot recordedUSD 50,000Instant
Fees, limits and processing times as published by Robinhood, recorded by Wikilix.
Websites

Global Domains

4 domains on record. All active and served over HTTPS.

4 domains
  • robinhood.com/eu/en/campaign/2025mintedMain siteActiveHTTPS
  • robinhood.com/eu/de/invest?lang=deMain siteActiveHTTPS
  • robinhood.com/eu/de/crypto?lang=deMain siteActiveHTTPS
  • robinhood.com/eu/de/perpetual-futures?lang=deMain siteActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

4 official channels on record.

4 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the Robinhood brand.

1 entity
  • Robinhood Markets, Inc.ActiveUnited StatesRegistration 1311036Established Sep 25, 2018
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about Robinhood

Most Popular Questions
Mobile & Web Platforms: Robinhood Mobile App – main trading interface for iOS and Android (stocks, options, crypto, ETFs).
Robinhood provides customer support via live chat during business hours, phone support at 650-761-7789, and email support at support@robinhood.com. They also have specialized support available at 888-275-8523 and maintain active social media channels including Facebook, LinkedIn, Instagram, and YouTube for additional contact and updates.
Robinhood offers several funding methods including instant bank transfers from select U.S. banks, standard ACH bank transfers, debit card transfers, wire transfers, and a cash management account with FDIC insurance. Deposit fees are generally zero, while withdrawal fees vary, such as a 1.75% fee for debit card withdrawals and a fixed $25 fee for wire transfers. Processing times range from instant to several days depending on the method.
Robinhood Markets, Inc is regulated in the United States by the Securities and Exchange Commission (SEC) and the Financial Crimes Enforcement Network (FinCEN). It holds licenses for dealing in securities and financial services, providing investor protection including SIPC insurance up to $500,000 per customer. These regulations indicate a level of oversight and safety for investors using Robinhood.
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