Questions & Answers about Robinhood

What are the account minimums with Robinhood?

$0

Will an account with Robinhood be appropriate for me if I rarely trade?

Probably not.

Does Robinhood charge any inactivity fees?

Yes.

Are there any hidden account fees that I should be aware of with Robinhood?

Plenty. The business is based on poor disclosure of fees.

Does Robinhood offer any commission free products that other brokerages do not?

No.

Does Robinhood offer any sign up bonuses in 2024?

Does Robinhood enable trading in crypto products?

Yes, yes and yes.

Will Robinhood offer me access to IPOs and other hard to access products?

No.

Does Robinhood provide access to any proprietary investment research?

Not research of any value.

Does Robinhood offer a reliable trading platform for frequent traders?

Well, it is a platform, but it isn't reliable.

Does Robinhood offer Apple and Google apps with reliable real time quotes?

Yes, they have this.

Does Robinhood offer any online tutorials for novice investors?

They are big into "education" but these are tutorials that will help you to make money.

Does Robinhood offer any online tutorials for more advanced investors?

No. Robinhood targets amateurs only.

Does Robinhood offer access to debt products and, if so, what are their commissions?

No.

What cash instruments does Robinhood offer for uninvested cash?

You can earn 0.30% on uninvested cash.

Does Robinhood provide access to brokered CDs?

No.