Robinhood Review
Robinhood pioneered commission-free trading and has evolved into a full-service financial powerhouse. In 2025, the "Robinhood Gold" membership is a key differentiator, offering 5% APY on uninvested cash, a 3% match on IRA contributions, and access to the 24-Hour Market for trading stocks overnight.
Pros
- Zero commissions on Stocks, Options, Crypto
- Robinhood Gold (High APY & IRA Match)
- 24-Hour Market (Trade select stocks overnight)
- Extremely user-friendly mobile interface
Cons
- Customer support is limited compared to pro brokers
- Chart analysis tools are basic
- Payment for Order Flow (PFOF) model
Robinhood Gold
24-Hour Market & Futures
FAQs about Robinhood
Is trading really free?
Yes, there are $0 commissions to buy and sell stocks, options, and crypto. Robinhood makes money via Payment for Order Flow (PFOF) and Gold subscriptions.
What is Robinhood Gold?
Gold is a $5/month subscription offering 5% interest on cash, cheaper margin investing, bigger Instant Deposits, and professional research.
Can I trade crypto?
Yes, Robinhood Crypto allows you to trade Bitcoin, Ethereum, Dogecoin, and more with zero commission. You also have a Web3 wallet.
Is Robinhood available in the UK?
Yes, Robinhood launched in the UK in 2024, offering commission-free trading on US stocks and 24-hour market access to British residents.
Does it offer retirement accounts?
Yes, Robinhood offers Roth and Traditional IRAs with a unique 1% match (3% for Gold members) on every dollar contributed.
Regulatory Risk Warning
All investments involve risk, including the loss of principal. Options trading entails significant risk.