Robinhood
About Robinhood
Robinhood democratized investing with commission-free trading and a sleek mobile-first experience. It attracted millions of first-time investors, particularly millennials and Gen Z, though it has faced controversy over gamification and order flow practices.
Brokerage Charges
Equity Delivery
USD 0
Equity Intraday
USD 0
Account Opening
USD 0
Account Maintenance
INR 0 (Standard)
Key Details
| Broker Type | Global |
| Founded | 2013 |
| Headquarters | Menlo Park, USA |
| Trading Platforms | Robinhood App, Web |
| Segments | Stocks, ETFs, Options, Crypto |
| User Rating | 4.2 / 5.0 |
Pros & Cons
Pros
- Completely free trading
- Beautiful mobile interface
- Fractional shares from USD 1
- Crypto trading included
- Cash management features
Cons
- Payment for order flow concerns
- Limited research tools
- No mutual funds or bonds
- Customer support issues
- Past platform outages