Robinhood: Stocks & Crypto

Robinhood
4.0
invest
investing
investments
dogecoin
robinhood
securities
investment
stocks
etfs
investors
cryptocurrency
crypto
shares
trading
freestock
stock
brokerage
ethereum
litecoin
portfolio
PriceFree
VersionVARY
CategoryFinance
DeveloperRobinhood
Update Time2023-07-03
Installs10,000,000+
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About this app
Robinhood helps you run your money your way. Trade stocks, options, ETFs, with Robinhood Financial & crypto with Robinhood Crypto, all with zero commission fees. Other fees may apply*. THE ONLY IRA WITH A MATCH - Get 1% matching towards your retirement contributions. Limitations apply. - Keep more of what you save. Earnings have tax-deferred or tax-free growth potential. 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 4.4% 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 - Set aside the change from Robinhood Cash Card purchases to invest - Earn a matching bonus on your weekly round-ups - Get your paycheck up to two days early with direct deposit*** - Eligible for up to $250K in FDIC insurance 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), Solana (SOL), Dogecoin (DOGE), Avalanche (AVAX), Polygon (MATIC), 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 3/24/23, 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. ****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. Round-ups & rewards are a service of Robinhood. For round-ups and rewards to be available, you need to have a brokerage account with Robinhood Financial, LLC or a Crypto Account with Robinhood Crypto, LLC 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
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App Review

Features:

  • Trading Stocks and ETFs: Robinhood allows you to trade stocks and exchange-traded funds (ETFs) commission-free. You can invest in a wide range of stocks, including popular companies like Apple, Amazon, and Tesla.
  • Trading Cryptocurrency: Robinhood also offers cryptocurrency trading, allowing you to buy and sell popular cryptocurrencies like Bitcoin, Ethereum, and Dogecoin.
  • Fractional Share Investing: With Robinhood, you can invest in fractional shares, which means you can buy a portion of a stock or ETF, even if you don't have enough money to buy a whole share.
  • Options Trading: Robinhood also offers options trading, allowing you to speculate on the future price movements of stocks and ETFs.
  • IPO Access: Robinhood occasionally offers access to IPOs (initial public offerings), allowing you to invest in companies before they start trading on the stock market.

Usability:

  • User-Friendly Interface: Robinhood has a user-friendly interface that makes it easy for beginners to get started with investing. The app is well-organized and intuitive, making it easy to find the information you need.
  • Mobile App: Robinhood is available as a mobile app for iOS and Android devices. The app is well-designed and easy to use, making it convenient to trade stocks and cryptocurrency on the go.
  • Educational Resources: Robinhood offers a variety of educational resources to help new investors learn about the basics of investing. These resources include articles, videos, and courses.

Design:

  • Clean and Modern Design: Robinhood has a clean and modern design that makes it visually appealing. The app is easy to navigate and the information is presented in a clear and concise manner.
  • Customization: Robinhood allows you to customize the app to your liking. You can change the color scheme, add widgets, and rearrange the order of the screens.

Pros:

  • Commission-Free Trading: Robinhood offers commission-free trading for stocks, ETFs, and cryptocurrency. This makes it a great option for beginners who are looking to save money on trading fees.
  • Fractional Share Investing: Robinhood's fractional share investing feature allows you to invest in stocks and ETFs even if you don't have enough money to buy a whole share. This makes it easier for beginners to get started with investing.
  • Educational Resources: Robinhood offers a variety of educational resources to help new investors learn about the basics of investing. This makes it a great option for first-time investors.

Cons:

  • Limited Product Offering: Robinhood does not offer some of the more advanced investment products, such as bonds, mutual funds, and options. This may not be a good option for experienced investors who are looking for a wider range of investment options.
  • Lack of Customer Support: Robinhood has been criticized for its lack of customer support. Users have reported having difficulty getting in touch with a customer support representative.
  • Security Concerns: Robinhood has been the subject of several security breaches in recent years. This raises concerns about the security of the platform and the safety of user data.
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