Robinhood Review > Stock Brokers

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Robinhood Review


What is Robinhood & how does it work?

Robinhood is a stock brokerage that allows customers to buy and sell U.S. listed stocks and ETFs with $0 commission. Robinhood believes that everyone should have access to the financial markets and are on a mission to inspire a new generation of investors. How is Robinhood able to offer commission-free trading while others charge up to $10 per trade? Robinhood was built from the ground up to be as efficient as possible. By cutting out the fat — hundreds of storefront locations, manual account management, expensive Super Bowl ads, etc. — Robinhood is able to maintain a lean bottom-line and pass the savings along to you, the customer.

Robinhood is an SEC registered broker-dealer and member of FINRA & SIPC.


​Robinhood Fees & Features
Minimum Investment
$0
Stock Trading Costs
Free
Option Trades
Free
Mutual Funds
N/A
Investment Types
Stocks, Options, ETFs, & Cryptocurrencies
Accounts Available
Taxable
Promotions
None
Robinhood Summary
Robinhood is a great way to jump into investing with no fees. The platform is regularly adding new features, including the web-based platform, options trading and Robinhood Crypto. While it is not powerful enough to be your only investment platform, it does work well for your individual stock trading account. It’s far from perfect, but it is a great value (free).

PROS
  • Free trades
  • Easy to use
  • Options trading
  • No minimum deposit
  • Crypto trading
  • No fee ACH trasnfers
  • No minimum deposit
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