Quick answer: Robinhood is a US trading and financial app for investing in stocks, ETFs, options, crypto, futures and prediction markets. You can start with as little as $1. Stock and ETF trades have no commission, but other fees apply, and all investing involves risk, including the possible loss of the money you invest.
Looking for Robinhood itself? This is an independent guide, not Robinhood. You canât log in or trade here. The official site is robinhood.com.
What can you do on Robinhood?
| Product | What it is | Good to know |
|---|---|---|
| Stocks and ETFs | Buy shares of companies and funds | No commission on trades |
| Options | Contracts on the price of a stock | You can lose your whole investment quickly |
| Crypto | Buy and sell coins such as Bitcoin and Ethereum, 24/7 | Not FDIC insured or SIPC protected |
| Futures and prediction markets | Advanced products | High risk, and not for most beginners |
| Retirement accounts | IRAs with a contribution match | The match has rules, so read them first |
| Robinhood Gold | A paid subscription, $5 a month | Check it pays for itself |
How does Robinhood work?
- Download the official app or go to robinhood.com, then open an account.
- Verify your identity and link your bank.
- Add money. You can start with as little as $1.
- Search for an investment, choose an amount and place your order.
- Track your investments in the app.
Our how to use Robinhood guide shows each step, and how to buy stock on Robinhood walks you through your first order.
What does Robinhood cost?
| Item | Cost |
|---|---|
| Stock and ETF trades | $0 commission |
| Robinhood Gold | $5 a month or $50 a year |
| Instant withdrawal | Up to 1.75%, minimum $1, maximum $150 |
| Moving your account to another broker | $100 |
| Outgoing wire | $25 |
See every cost in our Robinhood fees guide, and confirm them on Robinhoodâs official fee schedule.
How does Robinhood make money?
Robinhood earns money in several ways, including payment for order flow, interest and Gold subscriptions. Our Robinhood review explains what this means for you.
Is Robinhood safe?
Robinhoodâs brokerage is a SIPC member. SIPC protects against a broker failing, up to $500,000 including $250,000 in cash. It doesnât protect you from losing money on investments, and crypto and futures arenât covered. Read is Robinhood safe? for the details.
Who is Robinhood for?
- It can suit new investors who want a simple app and low trading costs.
- It may not suit people who want deep research tools or a wide choice of account types. See Robinhood alternatives.
How to find the real Robinhood
Scammers build fake sites that copy Robinhood. Type robinhood.com yourself or open the official app, and donât follow login links in texts. Robinhood says its emails only come from @robinhood.com addresses. Having trouble signing in? See our login help guide.
Who writes this guide
This guide is written by Ravi Mo, the siteâs editor, and checked against Robinhoodâs own pages. It is general education, not financial advice, and it isnât reviewed by a licensed adviser. Read our editorial policy.
Related guides
What is Robinhood FAQ
Is Robinhood free to use?
Opening an account and trading stocks and ETFs has no commission, but some services cost money, such as Gold, instant withdrawals and account transfers.
Can beginners use Robinhood?
Yes, but learn the risks first, especially for options, margin and crypto.
Is this the Robinhood website?
No. RobinhoodTradeApp Guide is independent and is not affiliated with Robinhood Markets, Inc. The official website is robinhood.com.
Sources: Robinhoodâs official website and support pages, checked 1 November 2026. This is general education, not financial advice. All investing involves risk.
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