Robinhood: Fees, Features, and More (2025)
Robinhood delivers a streamlined, mobile‑first experience built around fractional share investing, $0‑commission options contracts, and integrated crypto trading (≈ 1 % fee). The platform supports bonds, CDs, margin, and even IRAs—yet deliberately omits mutual funds and advanced desktop tools, keeping the focus on quick, app‑based stock, ETF, and options trades with no minimum to open an account.
Feature | |
---|---|
Website | https://robinhood.com/ |
Broker Type | Mobile-Only |
Trading: Stock & ETF? | Yes |
ETF & Stock commission | No fee |
Fractional Shares? | Yes |
Percent Allocations? | No |
Crypto Trading? | Yes |
Crypto Fees | approx. 1% |
Options Trading? | Yes |
Options Fee | No fee |
Bond Trading Available? | Yes |
Pays for Order Flow (PFOF)? | Yes |
Interface: Web trading? | Yes |
Desktop trading? | No |
API Trading? | No |
Mutual Funds: Offered? | No |
Total Mutual Funds | None |
NTF Mutual Funds | None |
Non-NTF Fund Fee | not applicable |
Early Redemption Fee? | not applicable |
Redemption Hold (Days) | not applicable |
Early Redemption Fee | not applicable |
Accounts: Margin Accounts? | Yes |
IRAs Offered? | Yes |
HSAs Offered? | No |
Money Market Sweep? | Yes, Robinhood Gold |
CDs Offered? | Yes |
Robo-Advisor: Offered | No |
Robo-Advisor Service | none |
Robo-Advisor Fes | not applicable |
Basics: Headquarters | Menlo Park, CA |
Year Founded | 2013 |
Clearing Firm | Robinhood Securities, LLC |
Local Branches? | No |
New Account Minimum | $0 |
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