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  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 +90%

SUPERMONEY NET RECOMMENDATION SCORE

+90%

-100% 0% +100%
No one recommends Everyone recommends

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

9 users recommend
1 user is unsure
0 users don't recommend
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Highlights
Highlights
Community Rating Strongly recommended
Minimum Initial Investment $0
Online Trade $0
Broker Assisted Trading Fee Starting at $10
Margin Rate Starting at 5%
Number of Reviews 10

Robinhood Brokerage Account Review

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

Robinhood Brokerage Account FAQ

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:

The Good The Bad
  • 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%.

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Contact

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

About Robinhood Brokerage Account

Feature Breakdown

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

Robinhood Brokerage Account Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

+90%

-100% 0% +100%
No one recommends Everyone recommends

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.

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