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Robinhood: Stocks & Crypto 2024.12.1

Robinhood – Freeware – Android
out of 491884 votes
Latest Version
2024.12.1
Safe to install
image/svg+xml VERY GOOD User Rating

Robinhood offers a range of financial services to help you manage your money effectively. With Robinhood Financial, you can trade stocks, options, and ETFs without paying any commission fees. Additionally, Robinhood Crypto allows you to trade cryptocurrencies with zero commission fees as well. However, it's important to note that other fees may apply*

Boost Your Retirement

  • Receive a 1% match on all contributions, transfers, and rollovers.
  • Enjoy tax-deferred or tax-free growth, enabling you to retain more of your money.

Commission-Free Trading

  • Trade stocks, ETFs, and options without any commission fees.
  • Invest with as much or as little as you want, starting from just $1.

Advanced Charts Are Here

  • Utilize technical indicators like moving average (MA), relative strength index (RSI), and more to identify trends for your investing strategies.

Level Up with Robinhood Gold

  • Earn 5% interest on your uninvested cash. Terms apply.**
  • Enjoy bigger instant deposits of up to $50k.
  • Margin investing available at a competitive rate for eligible users.
  • Access Nasdaq Level II data and Morningstar research to stay informed about the market.
  • A monthly fee of $5 applies after the free trial period of 30 days.

Robinhood Cash Card

  • Receive your paycheck up to two days early with direct deposit.***
  • Earn 2% cash back on eligible gas and groceries purchases.****
  • Get cash back on spending with participating brands.

Crypto with No Commission Fees

  • We charge 0% commission to buy/sell cryptocurrencies.
  • Have full ownership of your coins and securely transfer them in and out of your account.
  • Trade a variety of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Dogecoin (DOGE), Avalanche (AVAX), Shiba Inu (SHIB), Uniswap (UNI), Ethereum Classic (ETC), Litecoin (LTC), and more.

Invest Securely with Live Support, 24/7

  • Chat with a professional associate from Robinhood at your convenience to get answers to your queries.
  • Utilize our security tools like 2-factor authentication to ensure the safety of your account.
  • Your holdings are protected up to $500,000*****.

Financial Education

  • Learn about investing through in-app lessons provided by Robinhood.
  • Stay updated on stock market news and view stock performance information within the app.

Disclosures: Investing involves risk, so it is important to carefully consider investment objectives and risks before making any decisions.

*For Robinhood Financial's fee schedule, visit rbnhd.co/fees.

**APY as of 11/15/23, subject to change. Interest is earned on uninvested cash that is swept from your brokerage account to program banks.

***Early access to direct deposit funds is not guaranteed and depends on the timing of the payer's submission of deposits. Generally, funds are made available on the day the payment file is received, which may be up to two days earlier than the scheduled payment date.

****Cash back on eligible gas and groceries purchases requires a qualifying direct deposit.

*****Robinhood is a member of SIPC. Securities in your account are protected up to $500,000. For details, see sipc.org. This protection does not prevent potential losses due to market value fluctuations.

In the case of IRA match, contributions must originate from an external account and be held in the Robinhood IRA for a minimum of five years to avoid potential withdrawal fees.

Robinhood Money, LLC ("RHY") (NMLS ID: 1990968) offers a spending account and the Robinhood Cash Card. The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, under license from Mastercard®. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Cryptocurrency trading is offered through an account with Robinhood Crypto (NMLS ID: 1702840).

Fractional shares are illiquid outside of Robinhood and are not transferable. Not all securities are eligible for fractional share orders. Learn more at robinhood.com.

Securities trading is provided by Robinhood Financial LLC, a member of SIPC. Read our Customer Relationship Summary at rbnhd.co/crs.

Robinhood Financial LLC and Robinhood Crypto, LLC are wholly-owned subsidiaries of Robinhood Markets, Inc. 2784095

Contact: Robinhood, 85 Willow Road, Menlo Park, CA 94025.

Overview

Robinhood: Stocks & Crypto is a Freeware software in the category Business developed by Robinhood.

The latest version of Robinhood: Stocks & Crypto is 2024.12.1, released on 03/31/2024. It was initially added to our database on 12/15/2023.

Robinhood: Stocks & Crypto runs on the following operating systems: Android.

Users of Robinhood: Stocks & Crypto gave it a rating of 4 out of 5 stars.

Pros

  • User-friendly interface that makes it easy for beginners to invest in stocks and cryptocurrencies.
  • No commission fees on trades, allowing users to keep more of their profits.
  • Offers a variety of investment options, including stocks, ETFs, options, and cryptocurrencies.
  • Provides educational resources for novice investors to learn about investing and the stock market.
  • Real-time market data and price updates help users make informed decisions.
  • The ability to trade cryptocurrencies alongside traditional stocks in a single app is convenient.

Cons

  • Limited research tools and analytics compared to more advanced trading platforms.
  • No access to mutual funds or bonds, which may limit investment choices for some users.
  • The app has experienced outages during high-volume trading periods, causing frustration among users.
  • Customer support can be slow to respond during peak times due to a large user base.
  • There have been concerns about the gamification of investing, which may encourage risky trading behaviors among inexperienced users.

Screenshots (Click to view larger)

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