Is Robinhood Brokerage Account the right fit for you?
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Last Updated: 04/28/2026
Robinhood Brokerage Account
Claimed
Last Updated: 04/28/2026
SuperMoney User Recommendation Score +70
Strongly recommended43 total votes
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Highlights
Community Rating
Strongly recommended
Online Trade Fee
$0
Minimum Initial Investment
$0
Broker Assisted Trading Fee
Starting at $10
Number of Reviews
Robinhood Brokerage Account Review
Robinhood Brokerage Account is offered by Robinhood Markets, Inc., a financial services company founded in 2013 and based in Palo Alto, CA. states.
Key Takeaways
Robinhood Brokerage Account FAQ
What assets can you invest in on Robinhood Brokerage Account?
Robinhood Brokerage Account does not provide investors with many options. It only offers access to the following assets:
| Supported Options | Unsupported Options |
|
|
What trading fees does Robinhood Brokerage Account charge?
The online trading fees for Robinhood Brokerage Account are below the average ($8.90) for online brokerages. However, there are other fees to consider.
| 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 margin rates does Robinhood Brokerage Account offer?
Robinhood Brokerage Account offers a margin rate that ranges from 5%.
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SuperMoney Net Recommendation Score
SuperMoney users strongly recommend this product, giving it a user recommendation score of +70, or 4.4 on a 5-point rating scale.
+70
-1000+100
No one recommends
Everyone recommends
Robinhood Brokerage Account Community Reviews
Would you recommend Robinhood Brokerage Account to your friends?
Eric W.
Aug 15, 2024
May or may not recommend
I successfully recovered my lost investment funds from a fraudulent trading platform with the assistance of (cybertecx net) Their reliable service helped me retrieve my frozen assets without any upfront fees. I highly recommend reaching out to them for help in similar situations and If you’re looking for a reliable broker or you have already chosen a broker and have suspicion about the broker.
JS
Joe S.
Nov 9, 2023
May or may not recommend
As a beginner in the online investing game, this was a great, efficient easy to use platform.
SR
Samuel R.
Jun 29, 2022
May or may not recommend
I have a lot of conflicting thoughts on Robinhood. The access it has given small investors is laudable, and I think this is the perfect location for anyone looking to try active investing or individual investing in stocks for the first time. It is easy to manage your account and place orders at any time, even allowing fractional share purchases. The lack of an annual fee and far more importantly, ...Show More
DL
Dakota L.
Feb 20, 2022
May or may not recommend
I enjoy using my Robinhood Brokerage account. The account comes nicely packaged with basic analytical tools and a bank account. This app is truly the only finance app you would need if you are young person starting out needing a bank account to deposit your paychecks and at the same time develop a diversified savings portfolio. The account also speaks to the utilitarian trader. The dashboard keeps a running total ...Show More
CH
Chase H.
Jan 28, 2022
May or may not recommend
I would recommend Robinhood if you are aware of / don't care about a few of their transgressions regarding transparency. First, I have been using Robinhood for 3-4 years and can say it is the perfect app for beginners, they have streamlined and commoditized simple market training. I have made quite of lot of trades using this service and I appreciate the 0% commission aspect. BUT, this comes at a ...Show More
FI
Fatima I.
Jan 21, 2022
May or may not recommend
I have been investing on the stock market overseas and when I came to the US I heard a lot of good things with this company. My husband also invest in Robinhood and has shared a good deal of experience for them. First opening an account with them is very easy and you can do it on their app. Activating your account is fast too. They also offer varieties of ...Show More
Sarah L.
Jan 12, 2022
May or may not recommend
This is where I started my investing journey, it's a quick and easy way to invest. With Robinhood, I really began to feel like I know what I'm doing with my investments. It's kind of fun, too!
MR
Matthew R.
Jun 3, 2021
May or may not recommend
My investments with the Robinhood Brokerage have been satisfactory. No commissions are due on my transactions and I'm able to use direct deposit with my Regions bank. One downside is the authentication process, which took my three whole weeks of nonsense to traverse. The Gamestop incident also harms their credibility. However, if you want a concise brokerage with ease of access, go for Robinhood.
OB
Olivia B.
Apr 9, 2021
May or may not recommend
I like Robinhood and my broker a lot. In terms of account size and number of positions taken, I could very well be the smallest client they have. Yet, I am not at all treated that way. When in need of help or have a question, responses are respectful, clear and prompt. I highly recommend Robinhood as this is a great firm to be with!
YC
Y C.
Mar 12, 2021
May or may not recommend
Robinhood has made this process incredibly easy. There are not any specific or highlight worthy perks but having a easy to understand, one stop shop platform has been incredibly helpful through this process. Along with this, to start an account there is no requirement to have any minimum initial investment. I highly recommend.
RB
Rzon B.
Feb 25, 2021
May or may not recommend
Robinhood is part of the wave of financial literacy, and wealth in both the minority and majority community. It teaches you not to be too greedy, but it also helps you to see that you must take risks. I have not made much yet, but I know that when I become fully independent, they are going to be one of cash cows. Their extremely easy to use, and most importantly ...Show More
WC
Walter C.
Feb 24, 2021
May or may not recommend
Robinhood is a troubling subject for me. My personal experience with robinhood consists of following through with the lengthy sign up and approval of an account and then that’s when the trouble comes. My bank is not on the list of accepted banks! I believe this is unacceptable and is a huge barrier to entry for the average person because in all actuality the regular person would find another ...Show More
ZW
Zoe W.
Feb 11, 2021
May or may not recommend
If you are young and looking into getting into stocks and a brokerage account then Robinhood is a good app. I am fairly new to this and I did not have a lot to fund my account. I like to use Robinhood for my major investments, ones that I plan to keep for a long time. I think it is great
U
Anonymous
Jan 29, 2021
May or may not recommend
More than half of all Robinhood users own at least some GameStop stock.
They are now unable to freely trade it; the app is only allowing users to close out their positions. Robinhood is blocking retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit.
Olivia T.
Jan 28, 2021
May or may not recommend
I would not recommend them due to their unfair practices.
HK
Hannah K.
Jan 15, 2021
May or may not recommend
The first (and only) time I used Robinhood, I was new to investing and was looking for something easy to use. However, it took over two weeks for my first deposit to be transferred into Robinhood and nearly a month for it to transfer back into my bank account. When I used Robinhood for a couple weeks, I noticed that while it was easy, it was overwhelming the amount of ...Show More
IF
Isbeth F.
Jan 15, 2021
May or may not recommend
I just started off using this for stocks and I’m fairly new at it. It’s nice they start you off with some free stock. One thing I did notice that I don’t like, if I wanted to sell a stock, I can’t just sell it and transfer the money into my bank account.. Robinhood forces you to continue to reinvest it in more stocks. It sucks.
HO
Hayden O.
Jan 11, 2021
May or may not recommend
If you are just getting started with investing or options trading - Robinhood is an awesome way to start. The Robinhood App makes the complexities of trading much less intimidating and removes many barriers to entry set by traditional brokers.
You can begin with very small trades, but you also have the option for much larger trades as your account grows. The app is definitely tailored to beginners, but also offers ...Show More
Anshul P.
Jan 3, 2021
May or may not recommend
Robinhood offers an easy to use platform for those new to investing. The user-interface enables new investors to learn the ropes through Robinhood's guided instructions as the investor purchases and sells their securities. However, I would personally stay away from Robinhood for a couple reasons. First, they have a limit on day trading. If day trading is something you want to do, Robinhood may not be the best choice due ...Show More
PF
Phil F.
Dec 30, 2020
May or may not recommend
RobinHood is a great way to invest. Their app is very easy to use, which I think is their highest selling point. Not to mention their ability to extend not just from traditional markets but into crypto. There are few negatives that come with Robinhood, though I would state that, while this was a rare occurrence, outages are a potential issue, and if you're trading with a volatile stock that ...Show More
Showing 20 of 43 reviews
