SuperMoney 
  Robinhood Brokerage Account

Robinhood Brokerage Account

in Brokerages from Robinhood Markets, Inc.

Unaffiliated

Robinhood Brokerage Account

Unaffiliated

in Brokerages from Robinhood Markets, Inc.

SuperMoney Net Recommendation Score +75% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

Strongly recommended

3 users recommend
1 user is unsure
0 users don't recommend
Cast your vote
Cast your vote

Would you recommend Robinhood Brokerage Account to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Community Rating Strongly recommended
Online Trade $0
Minimum to Open Account $0
Margin Rate Starting at 5%
Broker Assisted Trading Fee Starting at $10

Robinhood Brokerage Account Review

Where is Robinhood Brokerage Account based?

Robinhood Brokerage Account is a brokerage based in Palo Alto, CA. Founded in 2013,

What assets can you invest in with Robinhood Brokerage Account?

Robinhood Brokerage Account does not provide investors with many options. It only offers access to the following assets:

Robinhood Brokerage Account Investment Options
Supported Options Unsupported Options
  • Stocks
  • Cryptocurrencies
  • Options
  • Bonds
  • Mutual Funds
  • FOREX
  • Futures
  • International Stocks
  • Pink Sheets / OTCBB
  • Real Estate
  • Marketplace Loans
  • Startups
  • What trading fees does Robinhood Brokerage Account charge?

    The online trading fees of Robinhood Brokerage Account are below the average ($8.90) for online brokerages. However, there are other fees to consider.

    Robinhood Brokerage Account Fees
    Trading Fees Amount
    Broker Assisted Trading Fee $10
    Returned Deposit Fee (International) $30
    Incoming Domestic Bank Transfer Fee $25
    Outgoing International Bank Transfer Fee $50
    Incoming International Bank Transfer Fee $50

    How much do you have to invest to open an account?

    Robinhood Brokerage Account does not have a minimum amount to start an account.

    What is the minimum amount to open a margin account?

    A margin account allows investors to borrow cash by using the securities and cash invested in the brokerage as collateral. Robinhood Brokerage Account offers investors this service but the minimum amount is $2,000.

    What margin rates does Robinhood Brokerage Account offer?

    Robinhood Brokerage Account offers a margin rate that ranges from 5%.

    SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

    Contact

    • Headquarters
    •   3200 Ash Street
      Palo Alto, CA 94306 USA
    •   Visit Site

    About Robinhood Brokerage Account

    Feature Breakdown

    Annual Fee $0
    Online Trade $0
    IRA Closure Fee $0
    ETF Trades $0
    Paper Statement Fee $5
    Returned Deposit Fee (Domestic) $30
    Wire Transfer Fee - Domestic (Outgoing) $25
    Wire Transfer Fee - International (Outgoing) $50
    Wire Transfer Fee - International (Incoming) $50
    Returned Deposit Fee (International) $30
    Wire Transfer Fee - Domestic (Incoming) $25
    Margin Rate Starting at 5%
    Broker Assisted Trading Fee Starting at $10
    Minimum to Open Account $0
    Minimum Margin Account $2,000
    Research and Reports  
    No-Commission ETFs  

    Robinhood Brokerage Account Community Reviews

     
     

    Would you recommend Robinhood Brokerage Account to your friends?

    Before we publish your vote:

    Please explain your vote by sharing your experience.

    Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

    Please write a review to submit your vote
    Cancel my vote
    (will require moderator approval)

    Other Brokerages