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Robinhood review 2025

Updated January 1, 2025
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We want to know what you think about Robinhood

Do you have experience with Robinhood? Let us know your thoughts.

Overview of Robinhood

Broker logo

Overview

Robinhood gives customers commission-free trading on stocks, ETFs and options, and continues to add features that move it beyond its mobile app origins.

Best for:
  • Free trading
  • Options trading
  • IRA match
4.0
Rating: 4 stars out of 5
Bankrate Score
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Cost
Rating: 5 stars out of 5
5.0 / 5
Accounts & Trading
Rating: 3.5 stars out of 5
3.5 / 5
Research & Education
Rating: 4.5 stars out of 5
4.5 / 5
Mobile
Rating: 3 stars out of 5
3.0 / 5
Customer Experience
Rating: 4.5 stars out of 5
4.5 / 5
4.4
Rating: 4.4 stars out of 5
Customer Score
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See all 19 customer reviews Arrow Right Icon
Minimum Balance
$0
Cost per stock trade
$0
Cost per options trade
$0
Trading platform
Basic
Fractional shares
Yes, on purchases and dividends
No-transaction-fee mutual funds
None
Securities tradable
Stocks, ETFs, options, cryptocurrency
Customer service
Email, chatbot and phone 7AM - 9PM ET Monday - Friday
Account fees
$100 transfer-out fee
Mobile app
The Robinhood app on the Apple App Store and Google Play Store

Bankrate staff insights

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Bankrate Staff Member

Community review

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Rating: 5 stars out of 5
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5
Curtis , Robinhood User

Community review

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Rating: 4 stars out of 5
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4.0
Anonymous account holder, Robinhood User

Video Overview: My Favorite Robinhood Features

Thumbnail title card, "Bankrate staff User diary"

Review methodology

Bankrate evaluates brokers and robo-advisors on factors that matter to individual investors, including commissions, account fees, available securities, trading platforms, research and many more. After weighting these objective measures according to their importance, we then systematically score the brokers and robo-advisors and scale the data to ensure that you are seeing the top options among a field of high-quality companies. Read our full methodology.

Robinhood customer reviews

CTA Robinhood has 19 reviews

Robinhood has 19 reviews

Dive into community reviews below and see what others think about Robinhood.

4.4 Star Icon
19 ratings
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Score breakdown
5 stars
58%
4 stars
21%
3 stars
21%
2 stars
0%
1 star
0%
Score by category
Amount of fees 4.3 / 5
Diversity of options 4.2 / 5
Website or mobile app 4.4 / 5
Level of customer service 4.1 / 5
Overall Rating 4.4 / 5
Verified Badge Icon Bankrate methodology disclosure

In July 2024, Bankrate collaborated with a third-party vendor to survey 800 brokerage and robo-advisor account holders nationwide. Bankrate and our vendor collected and summarized account holder responses to five rating questions on a 5-point scale as well as open-ended reviews of the account experience. Responses are based on individual account holder product details, and therefore cannot be verified for accuracy. User ratings are unedited and have not been reviewed or approved by the associated brokerage or robo-advisor, nor do these responses reflect Bankrate's own expert review of these banking products.

Community Reviews

See what users like you are saying about Robinhood.
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Curtis from 72120
September 12, 2024
Safe and fast transactions. Trading after hours is great.
Easy to follow, comprehend, and conduct trade. The tutorials helps. I like the variety of options.
Score by category
Amount of fees 5 / 5
Level of customer service 5 / 5
Diversity of options 5 / 5
Website or mobile app 5 / 5
Anonymous account holder
September 12, 2024
It has no monthy fee and easy to navigate through
Score by category
Amount of fees 4 / 5
Level of customer service 4 / 5
Diversity of options 4 / 5
Website or mobile app 4 / 5
Anonymous account holder
September 12, 2024
It’s been very easy to use
Score by category
Amount of fees 5 / 5
Level of customer service 5 / 5
Diversity of options 5 / 5
Website or mobile app 5 / 5
Anonymous account holder
September 12, 2024
Small brokerage company at the time with a proven track record, low costs.
Score by category
Amount of fees 5 / 5
Level of customer service 3 / 5
Diversity of options 4 / 5
Website or mobile app 5 / 5
Anonymous account holder
September 12, 2024
Robinhood allows users to buy fractional shares of stocks and ETFs, making it possible to invest with smaller amounts of money.
Score by category
Amount of fees 5 / 5
Level of customer service 5 / 5
Diversity of options 4 / 5
Website or mobile app 4 / 5
Anonymous account holder
September 12, 2024
It provides good environment for investors to obtain high returns on our investments. This is also good for massive returns and profits.
Score by category
Amount of fees 5 / 5
Level of customer service 5 / 5
Diversity of options 4 / 5
Website or mobile app 5 / 5
Anonymous account holder
September 12, 2024
The interface is quite attractive and easy to use for a beginner trader.
Score by category
Amount of fees 4 / 5
Level of customer service 3 / 5
Diversity of options 4 / 5
Website or mobile app 4 / 5
Anonymous account holder
September 12, 2024
Very easy to enroll online- I can select notifications I am interested in receiving, I can make my own trades
Score by category
Amount of fees 5 / 5
Level of customer service 5 / 5
Diversity of options 5 / 5
Website or mobile app 5 / 5
Anonymous account holder
September 12, 2024
It was an app that I downloaded when I first started trading
Score by category
Amount of fees 3 / 5
Level of customer service 3 / 5
Diversity of options 3 / 5
Website or mobile app 3 / 5
Anonymous account holder
September 12, 2024
No fees. Easy to understand for the average person. Visually appealing
Score by category
Amount of fees 5 / 5
Level of customer service 5 / 5
Diversity of options 5 / 5
Website or mobile app 5 / 5