Robinhood
Last updated: 2026-05
3.9
Weighted score / 5.0
The app that democratized commission-free investing in the US
开创美国零佣金投资时代的App
1. Quick Verdict
US-based beginners who want the simplest, zero-commission trading experience including crypto.
Scoring Breakdown
Broker Overview: Robinhood in 2026
Robinhood was founded in 2013 and is headquartered in Menlo Park, CA, USA. It is regulated by FINRA (US), SIPC and is currently available to investors in United States.
The platform supports trading in Stocks, ETFs, Options, Crypto, US Stocks. The minimum deposit is $0. Stock commissions are $0 and ETF trading costs $0.
The app that democratized commission-free investing in the US US-based beginners who want the simplest, zero-commission trading experience including crypto. Main competitors include Moomoo, Webull, Charles Schwab.
Key Facts
2. Who Is Robinhood Best For?
Best For
- $0 commissions — stocks, ETFs, options, crypto零佣金股票、ETF、期权、加密货币
- Most beginner-friendly US app美国最适合新手的App
- Fractional shares from $1最低 1 美元碎股
- Crypto trading included支持加密货币
Not Best For
- Non-US investors
- Active traders needing advanced research
- Chinese-speaking investors
3. Fees & Commissions
$0
Stock Commission
$0
ETF Commission
$0
Min. Deposit
$0 basic / $5/month Gold
Platform Fee
N/A (USD only)
FX Conversion
2013
Founded
Fee schedules may change. Always verify on the official website: https://robinhood.com
4. How We Score Robinhood
Our scoring is fully transparent. Each broker is evaluated across 7 categories with a fixed weight. The weighted average becomes the overall score — no arbitrary guessing. (see methodology)
4.8
Fees & Commissions
(20% weight)
3.2
Market Access
(20% weight)
4
Regulation & Safety
(20% weight)
4.6
App Experience
(15% weight)
4.9
Beginner Friendly
(10% weight)
3
Advanced Tools
(10% weight)
4.2
Promotions
(5% weight)
Scores assigned by editorial team. Last updated: 2026-05. For educational purposes only.
5. Supported Countries
United States
FINRA-regulated US brokers
6. Regulation & Safety
Robinhood — Regulatory Overview
Robinhood is regulated by FINRA and SIPC. Trading involves risk.
7. Tradable Products & Account Types
Tradable Assets
Account Types
Margin Account
Borrow to invest (losses can exceed deposit)
Cash Account
Trade with deposited funds only
IRA
Individual Retirement Account (US)
8. Platform & App
Mobile App Rating
4.2★ iOS · 3.9★ Android
Desktop Platform
Robinhood Web
Language Support
English
Charting Tools
$0 commissions — stocks, ETFs, options, crypto
Market Coverage
United States
Regulatory Status
FINRA (US) · SIPC
9. Deposit & Withdrawal Methods
Deposit Methods
Withdrawal Methods
Methods vary by country. Verify on the official website.
Market Data & Research Tools
Access to quality market data and research tools is a major differentiator between brokers. Here is what Robinhood offers compared to the industry standard.
Level 2 Market Data
L1 included; L2 may require subscription
Real-time bid/ask depth showing all orders at each price level. Industry standard charge: $20–90/month. Free Level 2 is a significant advantage.
Charting & Technical Analysis
Standard charting tools included
Chart indicators, drawing tools, and time-frame options are essential for technical traders.
News Feed & Earnings Calendar
News feed and earnings calendar available
Real-time news and earnings calendars help investors stay informed about market events.
Paper Trading / Simulator
Paper trading not available
Practice trading with virtual funds. Essential for beginners to build confidence before trading with real money.
Stock Screener
Basic screener available
Stock screeners let you filter thousands of stocks by criteria such as P/E ratio, market cap, dividend yield, and more.
Analyst Reports & Research
Basic company data and financials
Third-party analyst reports, earnings forecasts, and company research help investors make more informed decisions.
Research & Tools Score
3.2/5Robinhood offers basic research tools. Investors needing advanced research should consider supplementing with third-party platforms such as TradingView, Morningstar, or Seeking Alpha. For educational purposes only. Not investment advice.
Customer Support
Response speed, language coverage, and the quality of support channels vary significantly across brokers. Here is how Robinhood rates on customer support.
Live Chat
Live chat available in-app
Business hours (varies by region)
Phone Support
Phone support: see official website
See official website for hours
Email & Ticket Support
Email / in-app ticket support available
Typical response time: 1–3 business days
Chinese Language Support
Robinhood does not currently offer a Chinese-language support channel. Chinese-speaking investors may prefer Moomoo, Tiger Brokers, or Longbridge, all of which offer Chinese (中文) support.
English only
Customer Support Score
3/5Robinhood customer support has room for improvement. Response times and support channel availability are below industry leaders. Experienced investors who need less hand-holding may still find the platform suitable. For educational purposes only.
10. Promotions & Welcome Offers
Robinhood Promotions
Robinhood Gold offers enhanced features. Subject to terms.
View Current PromotionsPromotions subject to terms and conditions. For educational purposes only.
11. Pros & Cons
What We Like
- Commission-free stocks, ETFs, options, crypto
- Most beginner-friendly US app
- Fractional shares from $1
- No minimum deposit
What Could Be Better
- US only
- Limited research and charting
- Past regulatory controversies
- Customer support criticized
12. Main Alternatives to Robinhood
Not sure Robinhood is right for you? These are the most commonly compared alternatives.
Moomoo
富途 MoomooChinese-speaking investors in Canada, SG, US, AU, MY who want advanced trading t
4.7★
Compare →
Webull
微牛证券US-based active traders who want free Level 2 data and advanced charting at zero
4.2★
Compare →
Charles Schwab
嘉信理财US investors who prioritize research quality, 24/7 support, and long-term IRA/re
4.5★
Compare →
Fidelity
富达投资US long-term and retirement investors who want zero-expense index funds and exce
4.6★
Compare →
13. Robinhood vs Competitors
| Broker | Score | Best For | US Stocks | HK Stocks | Options | Stock Fee | Min Deposit | Regulator | 中文 | |
|---|---|---|---|---|---|---|---|---|---|---|
Robinhood Reviewing | 3.9 | US-based beginners who want the simplest, zero-commission trading experience including crypto | $0 | $0 | FINRA (US)SIPC | |||||
Moomoo 富途 Moomoo | 4.7 | Chinese-speaking investors in Canada, SG, US, AU, MY who want advanced trading tools and $0 commissions | $0 | $0 | CIRO (CA)CIPF (CA) | vs → | ||||
Interactive Brokers 盈透证券 IBKR | 4.5 | Experienced and professional investors globally who need the widest market access (150+ markets), lowest margin rates, and institutional-grade research and order execution | $0 (IBKR Lite, US … | $0 (no minimum) | FINRA (US)SIPC (US) | vs → | ||||
IBKR Canada 盈透证券加拿大 | 4.5 | Advanced Canadian investors who want global market diversification beyond just US and Canadian stocks, the lowest CAD-to-USD FX rate, TFSA/RRSP support, and institutional-grade tools | $0 (IBKR Lite, US … | $0 (no minimum) | CIRO (CA)CIPF (CA) | vs → | ||||
Webull 微牛证券 | 4.2 | US-based active traders who want free Level 2 data and advanced charting at zero commissions | $0 | $0 | FINRA (US)SIPC | vs → |
Fees and product availability may change. Always verify at the official website.
14. How to Open a Robinhood Account
Visit the official website or download the app
Go to https://robinhood.com or search "Robinhood" in the App Store or Google Play.
Create an account
Click "Sign Up" or "Open Account." Enter your email and create a password.
Verify your identity (KYC)
Submit a government-issued ID (passport, driver's licence, or national ID card) as required by your country's regulations.
Fund your account
Choose from: ACH Bank Transfer, Instant Deposits. Minimum deposit: $0.
Start trading
Browse stocks, ETFs, and other available instruments. For educational purposes only — trading involves risk.
15. Frequently Asked Questions
16. Risk Disclaimer
Educational purposes only. Educational purposes only. The information on this page is for educational and informational purposes only and does not constitute investment advice, financial advice, or a recommendation to buy or sell any security.
Trading involves risk. Trading involves risk. Stock trading, ETF investing, and options trading involve risk, including the potential loss of principal. Past performance is not indicative of future results.
Affiliate disclosure. Affiliate disclosure. This site may receive compensation from affiliate links. This does not affect our editorial independence. We only feature regulated brokers.
Fee accuracy. Fee accuracy. Fees and product availability may change. Always verify current information at the official website. https://robinhood.com
Brokely Editorial Team
Independent Broker Review Editors
Last updated: 2026-05 · For educational purposes only · Not investment advice
Visit Robinhood
Visit the official Robinhood website. Not investment advice.
Visit RobinhoodTrading involves risk. For educational purposes only.