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Robinhood

Regulated
United States
,
Since 2013
Last Updated:
60/100
Overall Score

Trading Conditions

Min Deposit:
USD1
Max Leverage:
N/A
Account Types
TrustJointISA+7 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

6 methods

Instant Bank Transfer

bank transfer
Instant
Fee:
Free
Fee:
1.8%

Standard Bank Transfer (ACH)

bank transfer
5 days
Fee:
Free
Fee:
Free

Debit Card Transfer

debit card
Instant
Fee:
Free
Fee:
1.8%

Standard Bank Withdrawal (ACH)

bank transfer
4 days
Fee:
Free
Fee:
Free

Wire Transfer

wire transfer
2 days
Fee:
Free
Fee:
$25

Cash Management Account

other
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 72%, 2: License 74%, 3: Software 0%, 4: Spread 0%, 5: Account Type 31%, 6: Symbol 0%
Regulation
72%Good
License
74%Good
Software
0%Poor
Spread
0%Poor
Account Type
31%Poor
Symbol
0%Poor

Company Information

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

Customer Support

Phone:
650-761-7789
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

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.

Regulatory Licenses

Compliance & oversight

3 licenses
United Kingdom
FCATier 1
United Kingdom#FRN: 823590
License Details
Type:Financial Service
License #:FRN: 823590
Status:Regulated
Validity
Effective:N/A
Expires:N/A
United States
SECTier 1
United States
License Details
Type:Dealing in securities
Status:Regulated
Validity
Effective:N/A
Expires:N/A
United States
FinCENTier 1
United States
License Details
Type:Financial Service
Status:Regulated
Validity
Effective:N/A
Expires:N/A
3
Tier 1
2
Countries
0
Offshore

Account Types

Trading account options

10 types
Trust
Invest
Leverage 1:1 • Commission $0 per trade
Leverage1:1
Commission$0 per trade
Joint
Corporate
Leverage 1:1 • Commission $0 per trade
Leverage1:1
Commission$0 per trade
ISA
Invest
Leverage 1:1 • Commission $0 per trade
Leverage1:1
Commission$0 per trade
SIPP
Invest
Leverage 1:1 • Commission $0 per trade
Leverage1:1
Commission$0 per trade
Cash (invest)
Invest
Leverage 1:1 • Commission $0 per trade
Leverage1:1
Commission$0 per trade
Professional
VIP
Leverage 1:1 • Commission $0 per trade
Leverage1:1
Commission$0 per trade
Premium
VIP
Leverage 1:1 • Commission $0 per trade
Leverage1:1
Commission$0 per trade
Joint
Corporate
Leverage 1:1 • Commission Not applicable
Leverage1:1
CommissionNot applicable
Joint
Corporate
Leverage 1:1 • Commission Not applicable
Leverage1:1
CommissionNot applicable
Corporate
Corporate
Leverage 1:1 • Commission Not applicable
Leverage1:1
CommissionNot applicable
10
Total Types
3
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

6 methods
Instant Bank Transfer
Bank TransferInstant
Deposit
Fee:Free
Min:USD 1
Max:USD 50,000
Withdrawal
Fee:1.75%
Min:USD 1
Max:USD 50,000
Available only for eligible users and select banks; limited to supported banks in the United States.
Standard Bank Transfer (ACH)
Bank Transfer5 min
Deposit
Fee:Free
Min:N/A
Max:USD 50,000
Withdrawal
Fee:Free
Min:N/A
Max:USD 50,000
Available to U.S. customers with a linked bank account; processing times delay fund availability.
Debit Card Transfer
Debit CardInstant
Deposit
Fee:Free
Min:N/A
Max:USD 50,000
Withdrawal
Fee:1.75%
Min:USD 1
Max:USD 5,000
Available only for eligible users and linked debit cards; limited to supported debit cards in the United States.
Standard Bank Withdrawal (ACH)
Bank Transfer4 min
Deposit
Fee:Free
Min:N/A
Max:USD 50,000
Withdrawal
Fee:Free
Min:N/A
Max:USD 50,000
Available to U.S. customers with a linked bank account; funds may not be immediately available due to processing times.
6
Free Deposit
6
Instant
0
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Robinhood: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark Robinhood at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Robinhood

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

4 sites
🌐
https://robinhood.com/eu/en/campaign/2025minted
Unknown
Active
SSL
🌐
https://robinhood.com/eu/de/invest?lang=de
Unknown
Active
SSL
🌐
https://robinhood.com/eu/de/crypto?lang=de
Unknown
Active
SSL
🌐
https://robinhood.com/eu/de/perpetual-futures?lang=de
Unknown
Active
SSL
4
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

4 platform
Scroll to see all 4 platforms

Corporate Network

Enterprise structure & relationships

1 entities

Robinhood Markets, Inc.

United States
active

Registration

1311036

Established

2018-09-25

Comments

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