Robinhood
Investing for everyone
Starting Price
Free
Free trading. Robinhood Gold: $5/month for margin trading, larger instant deposits, research, and 4.5% APY on cash.
Robinhood pioneered commission-free trading and brought investing to millions of new investors. While controversial at times, they've expanded to include crypto, cash management, and retirement accounts.
- Price alerts
- Earnings notifications
- News aggregation
- First trade recommendations
- Portfolio diversification analysis
- Recurring investment automation
- Free stock trading
- Easy to use
- Fractional shares
- Crypto trading
- IRA with 1% match
- High APY on cash (Gold)
- Limited research tools
- Past controversies (GME)
- Payment for order flow
- No mutual funds
- Basic customer service
Robinhood has matured significantly and remains a solid choice for beginners. The IRA match and Gold features add real value, though serious investors may want more.
Best For:
Beginning investors who want simple, free trading
See side-by-side feature comparison
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Disclaimer
This content is for informational purposes only and should not be considered financial, tax, or legal advice. Consult with a qualified professional before making financial decisions. TaxMaker strives for accuracy but cannot guarantee all information is current or complete. Past performance does not guarantee future results.