Robinhood: Stocks & Crypto
June 06, 2024
More About Robinhood: Stocks & Crypto
- Earn 3% extra on every dollar you contribute to your IRA when you subscribe to Robinhood Gold (fee applies).
- It’s easy to start a transfer of any retirement account and earn 3% until April 30 with Gold. There’s no limit on dollars matched (terms apply).
COMMISSION-FREE TRADING
- Trade stocks, ETFs, and options commission-free
- Invest with as much or as little as you want, whether it be $1 or $1000
ADVANCED CHARTS ARE HERE
- Identify trends for your investing strategies with technical indicators like moving average (MA), relative strength index (RSI), and more.
LEVEL UP WITH ROBINHOOD GOLD
- Earn 5% on your uninvested cash. Terms apply.**
- Get bigger instant deposits (up to $50k)
- Margin investing with a competitive rate (if eligible)
- Stay on top of the market with Nasdaq Level II data & Morningstar research
- $5 monthly fee after 30 day free trial
ROBINHOOD CASH CARD
- Get your paycheck up to two days early with direct deposit***
- Earn 2% cash back on eligible gas and groceries purchases****
- Earn cash back when you spend on offers from participating brands
CRYPTO WITH NO COMMISSION FEES
- We charge 0% to buy/sell crypto.
- Own your coins and securely transfer them in and out of your account
- Trade 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 Robinhood associate on your own schedule for any question you have.
- Our security tools, like 2-factor authentication, help keep your account safe
- Protection for your holdings up to $500,000*****
FINANCIAL EDUCATION
- Learn as you invest with in-app lessons
- View in-app stock market news and stock performance info
Disclosures
Investing is risky, consider investment objectives & risks carefully before investing.
*View Robinhood Financial's fee schedule at rbnhd.co/fees.
**APY as of 11/15/23, and subject to change. Interest is earned on uninvested cash swept from your brokerage account to program banks.
***Early access to direct deposit funds depends on timing of the payer's submission of deposits and is not guaranteed. We generally make these funds 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.
*****Member of SIPC. Securities in your account protected up to $500,000. For details, see sipc.org. This does not protect against a loss in the market value of securities.
IRA match: Contributions must come from an external account and must be held in the Robinhood IRA for at least five years to avoid the possibility of a withdrawal fee.
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, pursuant to a 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 & are not transferable. Not all securities are eligible for fractional share orders. Learn more at robinhood.com
Securities trading offered through Robinhood Financial LLC, member SIPC. See our Customer Relationship Summary at rbnhd.co/crs.
Robinhood Financial LLC and Robinhood Crypto, LLC are wholly-owned subsidiaries of Robinhood Markets, Inc. 2784095
Robinhood, 85 Willow Road, Menlo Park, CA 94025.
Latest Version
2024.21.2
June 06, 2024
Robinhood
Finance
Android
21,411,375
Free
com.robinhood.android
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User Reviews
Steve Mathews
8 months ago
So very bad. I made some purchases, then the app froze me out because of security concerns. I tried to resolve this but it won't let me contact customer service while my account is under review, so I have no way of fixing this. They called me while I was sleeping, so I tried calling back and it's asking me for the 8 digit case number on my message but there wasn't one. I've never been ran around in circles so much with ANY service. I wouldn't suggest it. I like the app when it works, but...
chris johnson
6 months ago
Well 3 years later and now the app just doesn't work out of nowhere???Still very salty about the server issue but the rating must go up in light of the condition of the market and the performance of robinhood compared to the other apps I use, just kind of weird it's perfect when going down but haywire when going up!!!!! I have to see how this plays out in reverse!!!!!
Erick Ong
8 months ago
What is the point of your constant Gold membership promotion nagging me every time i want to see the level II data. I already have the Gold subscription but you constantly show me the Gold subscription message page instead of the level II data every morning. And the message page won't go away that i won't be able to see the data. Fix this damn thing. I paid the subscription already. Update: Just cancelled my Gold subs. Useless when you cant see level II data when i already paid.
Filipe Bernardino
6 months ago
Perfect for you to loose money. You can buy but not sell or cancel the purchase, ends up buying way over the current price, always say technical issues when things are heating up on the market. A pending order can't be canceled, and later on when it works its already sold and its lost money. You have no control at all over what you're trying to do. Money gets held in their hands till they find a good time to go forward with your order, which is making you lose money.
Jessica Savage
8 months ago
App CONSTANTLY crashes. I have no other apps that react this way. Another phone I previously had it did it also just not as quickly or as frequently. Then I could at least log in to see my holdings. Recently I can try 20 or more times & can't get pass logging in before it crashes. It's extremely frustrating to have a fair amount of money invested through an app that you can't even access! Crypto holdings can sometimes change so quickly & not being able to access them is infuriating.
Shane Williams
8 months ago
Candlesticks body and wicks change long after their period has passed which makes it difficult to accurately identify trends. Can't convert, can only buy/sell crypto. The maker/taker fees are more than what many others charge. Longer term investing seems to be the more practical use for this service. The IRA investment option sounds like a good feature, but I haven't tried it yet. Crypto isn't this services strong point, but it does help you get your toes wet with it.
Sonja
6 months ago
Annoyed by the app. I've been with them for over a year. Used to log on with my 4 digits, password and email. But now, can't even do that. Try to verify, with id, selfie and such to change cell numbers, but the camera is always malfunctioning. How the hell do they expect you to verify, if there stuff isnt working. I keep trying to log in to view what was invested in, only to not be able to access. It's very annoying. Very. Not happy with this app or the website. Both does the same thing.
Jesse Hunt
6 months ago
Has one of the most annoying and just baffling oversights I have ever seen. Once you set a custom alert for a token it can never be deleted and the direction "price moves up/down" cant be changed. It's just stuck there through the rest of time. Not even a warning message to let people know it's permanent. And the worst part is your only allowed to set 5 alerts so if they all get set as price up alerts then you can never set a down alert ever. Your just screwed until you deactivate the account.
Nick Evans
6 months ago
Terrible app. A key feature of sending funds is not working for me. After a couple hours chatting with tech support, they stated they would have to look further into it and will start an email chain to continue the support. It's been several days, no email, function still is not working rendering the app useless for me. I'm deleting this app asap. If zero stars for seating was an option, I would've chose that.
Dan Brian
8 months ago
Was an okay app until the Transfer Money button was replaced with an Earn Rewards button. If I want to transfer money to or from my account, I have to quit the app, open it up, press the profile button and click the Transfer button as fast as I can before it's replaced with the Earn Rewards button. I've reinstalled the app twice and it been like this for over month. Unacceptable. Moved my stocks to Fidelity. I also hear their dark pool is pretty vicious.
No Cando
7 months ago
The trading platform is good, decent, not overly complicated so no complaints there. The new card looks nice, and i want to use it, but deposits to the spending account could be faster. 1 week to transfer money in or even see the funds in seems rather slow compared to how it was in the past. And suggesting setting a direct deposit is not a great suggestion 😒
Jeremiah MacRoberts
8 months ago
Easy to use. Clutter-free. An excellent tool if you know what you want to do. **Update: Dropped to 3-star (from 5 in 2018). For every quality and aesthetic change to the app over the years, there has been a negative one. More and more clutter has been layered on and default functions, not chosen by the user, keep being forced on us. Robinhood changed my life, I am an advocate of and investor in the company, but the app is going downhill fast.
Chat E
7 months ago
I've been using this app for years. I no longer feel 100% confident with customer service protecting my account information, I'm feeling very vulnerable. It takes FOREVER to get someone to respond and resolve anything. Transfer, transfer, then still around and around. Submitting personal, private information repeatedly during the same call. They need to fix this asap
Stuart Hecht
7 months ago
Mostly user friendly app, but it is frustrating to have to enter a security code every time I switch screens and then go back, even after only 2 seconds. Also, it takes a ridiculous amount of time for customer support to join a chat request (like multiple hours!). Finally, a complicated and meaningless chart was sent to me when I wanted to simply view my losses or profits after sales- couldn't figure out what the chart meant, and still don't know because customer service didn't respond to chat.
Michael M
6 months ago
I wish the app allowed for slightly more personalization, especially the portfolio graph and having values displayed so the range is apparent. It's deceiving to have only $20 in volatility but it look like you had a huge loss/gain. Love the round up on the spending account, but I should be able to customize the roundup. I'd prefer ever purchase round to the nearest $5 instead of $1 so I'm actually buying a decent amount of stock with the roundup, but it can only round to the nearest $1.
Misty Lord
5 months ago
Terrible, app doesn't work at all. You can't even search for a stock. It just spins and spins. Never loads home page properly. Contacted customer service 5 months ago and they told me to buy a new phone. This is a brand new pixel 8. I never heard back and last time I was told to wait on hold for 6 hours. Guess what 5 months later the app still doesn't work, but webbull does!
LaTonya G.
5 months ago
This Robinhood app has a very messy liking platform and is confusing to use. I was trying to cover a deficit and it charges the same payment twice because I did not get any confirmation that it went through!! And you don't know what transactions you are completing with all the tabs, and options. It feels like it's on purpose and really needs to be revamped.
jacob bishop
5 months ago
Pretty solid app. Invested a little to play around with penny stocks to start learning with and getting my toes wet so to speak. It's been a pretty straight forward experience so far. Also, if you set an alert and want to delete it later, simply pick the one you want to get rid of and swipe it left to make the button show up. Only gave four stars because there's always room to improve things.
Dana Olson
4 months ago
User friendly interface that changes every 6 months. Also they have not sorted out how to account for mergers, splits, spin offs or reverse splits. I have multiple securities the app does not display an accurate cost basis. After asking I was offers to have a spreadsheet sent to me with data rather than fixing their application and cost tracking.
Bobby Riggle
4 months ago
horrible app. takes days maybe even weeks to withdraw your money. the whole thing doesn't work right. I get multiple notifications for the same deposit making me think I initiated a transfer when I didn't. also, deposits continue to show pending even after they are withdrawn from your bank.account. the app is rigged to keep you spending Rather than withdrawing your earnings. I hate it and would not recommend it to anyone. the funny thing is that I actually made a significant profit on the app.
