Robinhood
US investing app for commission-free stocks, ETFs, options and crypto.
Updated · AppBreakup editorial · Web, iOS, Android
Is Robinhood free?
Free plan, plus paid plans
- Gold subscription:
- $5/month
Checked on Robinhood's site Nov 8, 2026
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About Robinhood
Robinhood is a US brokerage app that helped make commission-free stock trading the norm. From one account you can buy stocks and ETFs (including fractional shares from $1), trade options and futures, buy and transfer crypto, and use prediction markets. Robinhood Legend is a browser-based desktop platform with more advanced charting for active traders, and there are IRAs, a managed-portfolio service and a cash card. The basic brokerage account is free; Robinhood Gold is a monthly subscription that adds a higher rate on uninvested cash, an IRA contribution match, bigger instant deposits and research data. The company makes money partly from payment for order flow and interest. Stock and fund accounts are SIPC members, while crypto holdings are not SIPC or FDIC protected. It runs on iOS, Android and the web, mainly for US customers.
Best for: US beginners and active traders who want stocks, options and crypto in one simple app.
Robinhood pricing (checked Nov 8, 2026)
Each line is quoted from Robinhood's own site, with the page it came from.
| Plan or term | What it says | Checked | Source |
|---|---|---|---|
| Minimum to start | $1 | Nov 8, 2026 | robinhood.com |
| Gold subscription | $5/month | Nov 8, 2026 | robinhood.com |
| Gold plan | $5 a month | Nov 8, 2026 | robinhood.com |
| Free trial | 30 days (Gold) | Nov 8, 2026 | robinhood.com |
Pros and cons
What works
- No commissions on stock and ETF trades, with fractional shares
- Stocks, options, futures and crypto in one account
- Gold adds an IRA match and a higher rate on idle cash
Why people leave
- Limited research and account types compared with full-service brokers
- Crypto holdings are not SIPC or FDIC protected
- The best cash rate and IRA match need the paid Gold subscription
Robinhood vs Webull, Cash App and Kraken
From each app's listing and the prices verified on its own site. A dash means we haven't verified it yet.
| Attribute | Robinhood | Webull | Cash App | Kraken |
|---|---|---|---|---|
| Pricing | Free plan + paid | Free plan + paid | Free | Free plan + paid |
| Verified price | $5/month | — | — | $4.99 a month, zero fees on up to $10k/month trading |
| Free plan | Yes | Yes | Free app | Yes |
| Open source | No | No | No | No |
| Self-hostable | No | No | No | No |
| Platforms | Web, iOS, Android | Web, Windows, macOS, iOS, Android | iOS, Android, Web | Web, iOS, Android, Windows, macOS |
Top Robinhood alternatives
See all 7- 1
Webull68.8Also commission-free, with deeper charting, Level 2 quotes, paper trading and a full desktop app.
- 2
Cash App54.4Simpler commission-free stock and bitcoin buying inside an everyday payments and debit card app.
- 3
Kraken51.2Crypto exchange that now also offers US stocks and ETFs, with lower fees for high-volume crypto traders.
- 4
Coinbase50.3If crypto is the main draw, it lists far more coins and adds staking and advanced crypto trading.
- 5
Vanguard42.3A better home for long-term index investing and retirement accounts.
Why people left Robinhood
In reviewers' own words, from reviews of the apps they moved to. These are their opinions, not ours.
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Robinhood: common questions
What is Robinhood?
Robinhood: US investing app for commission-free stocks, ETFs, options and crypto. Best for US beginners and active traders who want stocks, options and crypto in one simple app. Available for Web, iOS and Android.
Is Robinhood free?
Robinhood has a free plan and paid plans.
How much does Robinhood cost?
Robinhood is free with paid plans. Minimum to start: $1; Gold subscription: $5/month; Gold plan: $5 a month; Free trial: 30 days (Gold). Checked on Robinhood's own site, November 2026.
Does Robinhood have a free trial or refund?
Free trial: 30 days (Gold). Source: Robinhood's own site.
Is Robinhood open source?
No, Robinhood is not open source.
What platforms does Robinhood run on?
Robinhood is available for Web, iOS and Android.
What are the best alternatives to Robinhood?
The highest-ranked Robinhood alternatives right now are Webull, Cash App and Kraken. See the full ranked list for pricing, platforms and verified facts.
Robinhood vs Webull: what's the difference?
Both Robinhood and Webull are free with paid plans. Only Webull runs on Windows and macOS.