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Robinhood - Investment & Trading, Commission-free

Robinhood - Investment & Trading, Commission-free

Robinhood

Invest in stocks & ETFs with Robinhood Financial, Crypto with Robinhood Crypto

4.1 Ratings 4M+ Reviews 10M+ Downloads

Ratings & Reviews

Write a Review
  • img Community
    Moved all stocks into Robinhood. So easy to manage to check my portfolio every single day. More importantly, it's totally free.
    img by Naoki
    2 years ago
  • img Community
    Becoming a millionaire starts with saving and investing, here you can learn how to invest with resources and reports and trade in the same app. This way you can work on making your 1,000,000s immediately and for free.
    img by John
    1 year ago
  • img Community
    If you've been trading crypto for less than 2 or 3 months, you might want to take some advice from professionals as you trade on a convenient platform. Trade and learn from your phone so that you can take Dogecoin
    img by Aubrey
    4 months ago
  • img Expert Best Stock Trading Apps for Beginners 2021

    Best Stock Trading Apps for Beginners 2021

    We tested all the most popular stock trading apps for beginners to see which ones were the best for getting started with stocks and trading. Here's what we found. 

  • img Expert
    1. Buy and sell stocks online: no commission fees, no minimum balance, and, best of all, no experience necessary
    2. Google Play Material Design Award Winner for intuitive design built for both newcomer and expert accessibility
    3. Refer a friend and you'll both get a free stock from some of the most popular stocks on the market today

    Reviewed by Laura S on January 11, 2018

  • Excellent, but improvement idea Aug 8, 2020

    By Pw95
    First off, using the app now for years and loving it. Excellent idea also to add option trading and crypto. I very much enjoy the margin account under Gold (well done and conditions are fair) and I see how Robinhood is constantly improving it. However, definitely problematic are the following aspects: 1. Power usage, the app is draining my battery. Idk if it is because I have a lot of stocks on the watch list and every time I open the app it’s loading in all data for each of them or something, no idea. But my phone gets very warm after a few minutes of using the app (iPhone Xs with 96% battery health and iOS 13.6). 2. Technical issues at order placing. Low volume products such as certain options or even for high volume blue chip stocks sometimes the order confirmation page is loading for 5min before it’s placed. Same thing for cancelling an existing order sometimes. Usually though this isn’t much of an issue. 3. Robinhood has the “replace order” button for placed but pending orders for options. Why not also make it a button for placed but pending stock orders? Would be so convenient. 4. I just wish you’d see some more data next to the list where you see PE and yields. Beta coefficient and payout ratio would be absolutely lovely to have there. Important metrics and convenient to see at one glance. Hopefully you’ll take this feedback into consideration when improving the app. Other than that, keep up the good work! Thanks.
  • I wish you had more crypto and coins in general Feb 6, 2021

    By michaelw17
    I would like to invest in some other securities that robinhood doesn’t have. I feel you guys are losing clients to this matter. Also, there are some stocks you guys don’t allow on the site but are on others. Finally, I wish you guys would make trading extended from 4am-8pm. Again some other brokerages allow that. I feel that these 3 main reasons are holding you guys back alittle when you could have 100 million users instead of where we stand today. I’m with you 100%. Two wks ago I was alittle weary and Alot of fellow traders im friends with all started discussing leaving robinhood for other brokerages like webull and ameritrade etc etc again some prob left your brokerage over the squeeze ordeal. I had an issue with it also. I know you guys float money but this should have been thought of before you became a bank pretty much per say. We lost thousands and tens of thousands of dollars off of the retrained that were put on us. Even with crypto. That was alittle outside of character. I understand why but it screwed us when if we were on or with another brokerage per say that wouldn’t have happened and I’d have another 7-12k or more in my acct. right now. Just giving you the word on the street lol anyway you guys have made your site very easy to use and it’s all at your fingertips (for the most part like I stated) all in all. Thanks and hope this helps. Mike
  • Just needs a human when things go wrong May 17, 2021

    By ClydeJonesVII
    As of lately I have literally been logging into my Robinhood app at least 7 times a day or more. I am very familiar with the layout, the menu, settings etc. One day I opened the app and saw all of my investments and well as other stocks that are listed showing a gray box next to it with a dash going through it. Now I’m used to seeing something kinda similar when I lost my signal and the app is trying to pull the information as soon as I get a signal but this time was different. I was home connected to my WiFi and my internet connect was excellent. No other app was having connectivity issues so I knew it wasn’t my internet, the only option available on my Robinhood was the link for a free stock if I recommend a friend. So I tried to troubleshoot by closing the app out completely then flogging back in and the same problem. I then clicked on the Help then contact us and realized the help is just pre loaded questions that they assume should resolve most issues you have but since none of those preloaded questions pertained to me I chose the option of “something else” which it then led me to write an email option. I did however within about 20 minutes the app began functioning properly. I never received an email response back and that was at least 2 weeks ago. That is my biggest concern with the Robinhood app. No live chat support or phone number to call. Other than they if everything works as designed the is the best app for your money.
  • Power in your hands Mar 9, 2021

    By baretruth
    Robinhood gives you the power to dynamically view securities and place orders clearly and quickly. It also gives you the power to quickly grow into advanced investing strategies if you wish to. Critics may say this is terrible because it’s too easy for the unwitting to lose their money not understanding what they are doing. To that I say I’m sure that happens, but Robinhood does their part to prevent this. They have educational resources and built in info and messages to caution and inform about risky trading actions. Do not blame Robinhood for the thoughtlessness of careless users. Having access to the tools Robinhood provides is truly freeing and empowering. Yes, they have their bugs and other issues. However, the platform is so preferable to any other platform that I am not bothered at all by an occasional downtime or other issue. Further, I have used Robinhood since before they offered fractional shares, Crypto, and their debit card/cash account (which pays interest monthly at a superb 0.3% APY!) and each of these features have made it all the more amazing. My message to the remaining critics is that you don’t seem to understand what you’re missing out on. By my estimates, Robinhood will be able to fix its current issues and introduce more and more features that make it the best place for any non-corporate investor to be. Sincerely, impressed. (And looking forward to what’s ahead on Robinhood)
  • Love App , company and democratized breakthrough Aug 2, 2021

    By Patel Ankit (newark)
    I remember back in 2013 I started to invest in Stocks with a Scottrade brokerage firm and each time you make a transaction you pay $7 fee. So, basically for buying a single stock you have to pay $7 and selling another $7. At the end of the day your profit meter will always start after $14 at any given point , beginners don’t find it viable option that each time your profit has to be -$14 plus federal taxes at the end of year. I have been using this product almost since 2014 or 15 cannot remember but cannot think for a better app than robinhood. There are lot of other wealthy brokerages firms and rich people who try to criticize robinhood mission and only want the rich to be rich. For average American joe or immigrants , robinhood has against all odds have provided a platform so simple that everyone can start investing for future. When a person tries to a breakthrough something established for years they definitely face a lot of flak and criticism from people who have been rich holding stocks for decades but millennials want to improve their life today! At the same time think about future. Everyone needs are different. Long story short, stock and options trading is phenomenal and crypto there is still room to improve and add more currencies. Also, I would definitely be interested in what company has to offer long term for assets management.
  • Excellent, but improvement idea Aug 8, 2020

    By Pw95
    First off, using the app now for years and loving it. Excellent idea also to add option trading and crypto. I very much enjoy the margin account under Gold (well done and conditions are fair) and I see how Robinhood is constantly improving it. However, definitely problematic are the following aspects: 1. Power usage, the app is draining my battery. Idk if it is because I have a lot of stocks on the watch list and every time I open the app it’s loading in all data for each of them or something, no idea. But my phone gets very warm after a few minutes of using the app (iPhone Xs with 96% battery health and iOS 13.6). 2. Technical issues at order placing. Low volume products such as certain options or even for high volume blue chip stocks sometimes the order confirmation page is loading for 5min before it’s placed. Same thing for cancelling an existing order sometimes. Usually though this isn’t much of an issue. 3. Robinhood has the “replace order” button for placed but pending orders for options. Why not also make it a button for placed but pending stock orders? Would be so convenient. 4. I just wish you’d see some more data next to the list where you see PE and yields. Beta coefficient and payout ratio would be absolutely lovely to have there. Important metrics and convenient to see at one glance. Hopefully you’ll take this feedback into consideration when improving the app. Other than that, keep up the good work! Thanks.
  • I wish you had more crypto and coins in general Feb 6, 2021

    By michaelw17
    I would like to invest in some other securities that robinhood doesn’t have. I feel you guys are losing clients to this matter. Also, there are some stocks you guys don’t allow on the site but are on others. Finally, I wish you guys would make trading extended from 4am-8pm. Again some other brokerages allow that. I feel that these 3 main reasons are holding you guys back alittle when you could have 100 million users instead of where we stand today. I’m with you 100%. Two wks ago I was alittle weary and Alot of fellow traders im friends with all started discussing leaving robinhood for other brokerages like webull and ameritrade etc etc again some prob left your brokerage over the squeeze ordeal. I had an issue with it also. I know you guys float money but this should have been thought of before you became a bank pretty much per say. We lost thousands and tens of thousands of dollars off of the retrained that were put on us. Even with crypto. That was alittle outside of character. I understand why but it screwed us when if we were on or with another brokerage per say that wouldn’t have happened and I’d have another 7-12k or more in my acct. right now. Just giving you the word on the street lol anyway you guys have made your site very easy to use and it’s all at your fingertips (for the most part like I stated) all in all. Thanks and hope this helps. Mike
  • Just needs a human when things go wrong May 17, 2021

    By ClydeJonesVII
    As of lately I have literally been logging into my Robinhood app at least 7 times a day or more. I am very familiar with the layout, the menu, settings etc. One day I opened the app and saw all of my investments and well as other stocks that are listed showing a gray box next to it with a dash going through it. Now I’m used to seeing something kinda similar when I lost my signal and the app is trying to pull the information as soon as I get a signal but this time was different. I was home connected to my WiFi and my internet connect was excellent. No other app was having connectivity issues so I knew it wasn’t my internet, the only option available on my Robinhood was the link for a free stock if I recommend a friend. So I tried to troubleshoot by closing the app out completely then flogging back in and the same problem. I then clicked on the Help then contact us and realized the help is just pre loaded questions that they assume should resolve most issues you have but since none of those preloaded questions pertained to me I chose the option of “something else” which it then led me to write an email option. I did however within about 20 minutes the app began functioning properly. I never received an email response back and that was at least 2 weeks ago. That is my biggest concern with the Robinhood app. No live chat support or phone number to call. Other than they if everything works as designed the is the best app for your money.
  • Power in your hands Mar 9, 2021

    By baretruth
    Robinhood gives you the power to dynamically view securities and place orders clearly and quickly. It also gives you the power to quickly grow into advanced investing strategies if you wish to. Critics may say this is terrible because it’s too easy for the unwitting to lose their money not understanding what they are doing. To that I say I’m sure that happens, but Robinhood does their part to prevent this. They have educational resources and built in info and messages to caution and inform about risky trading actions. Do not blame Robinhood for the thoughtlessness of careless users. Having access to the tools Robinhood provides is truly freeing and empowering. Yes, they have their bugs and other issues. However, the platform is so preferable to any other platform that I am not bothered at all by an occasional downtime or other issue. Further, I have used Robinhood since before they offered fractional shares, Crypto, and their debit card/cash account (which pays interest monthly at a superb 0.3% APY!) and each of these features have made it all the more amazing. My message to the remaining critics is that you don’t seem to understand what you’re missing out on. By my estimates, Robinhood will be able to fix its current issues and introduce more and more features that make it the best place for any non-corporate investor to be. Sincerely, impressed. (And looking forward to what’s ahead on Robinhood)
  • Love App , company and democratized breakthrough Aug 2, 2021

    By Patel Ankit (newark)
    I remember back in 2013 I started to invest in Stocks with a Scottrade brokerage firm and each time you make a transaction you pay $7 fee. So, basically for buying a single stock you have to pay $7 and selling another $7. At the end of the day your profit meter will always start after $14 at any given point , beginners don’t find it viable option that each time your profit has to be -$14 plus federal taxes at the end of year. I have been using this product almost since 2014 or 15 cannot remember but cannot think for a better app than robinhood. There are lot of other wealthy brokerages firms and rich people who try to criticize robinhood mission and only want the rich to be rich. For average American joe or immigrants , robinhood has against all odds have provided a platform so simple that everyone can start investing for future. When a person tries to a breakthrough something established for years they definitely face a lot of flak and criticism from people who have been rich holding stocks for decades but millennials want to improve their life today! At the same time think about future. Everyone needs are different. Long story short, stock and options trading is phenomenal and crypto there is still room to improve and add more currencies. Also, I would definitely be interested in what company has to offer long term for assets management.
  • Sep 2, 2021

    By Bʀᴀɴᴅɪ TX
    The app has been working better for me recently since I've downloaded the newest updates. I raised my rating back up somewhat, seeing as how I haven't experienced any glitches within the app, lately. I will rate 5 stars once again if it continues to work correctly during moments of high volatility, as it should be.
  • Very laggy, needs extended trading hours. Mar 11, 2021

    By Ooksneksneknd
    My app is been so slow, worse every day. I even upgraded to top of the line Internet and nothings changed. Taking forever to load the stocks I own, and then taking forever to update their prices. When I click on the options, the same thing happens. When I click on an option to buy, instead of opening up where the price is currently so I can buy somewhere above or below the money, it opens on the most expensive call available. Then I have to take the time to scroll down to find the price of the stock and then determine my calls from there. It’s just super annoying. Lot of unnecessary time wasted for no reason. If you’re trading stocks, and time matters, literally down to the second, this is definitely not the app to use. Will cost you thousands of dollars like it has me. If you are swinging or long-term trading then it’s good for those purposes only. I am slowly exiting my positions one by one and freeing up my money so I can transfer my stocks over to a different platform. I really love how user-friendly this app is, but the small details that cost time, cost money. If you try to email them about anything, you always get a generic answer from a prompt. Even that’s a waste of time. If you email them about your app being slow there’s nothing they can do. They tell you to do all the obvious stuff like power cycle your phone, restart your Internet, uninstall reinstall your app. None of it works to improve the app speed.
  • Experience Improvement Suggestion Jun 3, 2019

    By A*Low
    This has been a fantastic app in all the time that I’ve been using it. Since about 2017. There have been many new additions since then. One of them being analyst ratings where we can see how many analysts provided a rating, and what percent said said buy, hold, or sell. This has been quite a useful gauge (along with others) for investing. That being said we all know time marches on and opinions change. Unfortunately I have not noticed any relevance to time in this analyst ratings feature. Perhaps these ratings are updated weekly. However, without knowing at what time the ratings were made it’s hard to tell how a stock, like GOOG, would be rated after some news comes out, like the antitrust inspection. Surely we can look at the rating description to see if it mentions anything about this news, but it still doesn’t address the main concern. That is when did each analyst rating actually happen. 30 could have been before a big news break and perhaps only 7 after. Making for a possibly inaccurate rating. Perhaps the news has nothing to do with these analysts ratings and it’s all about the companies numbers. In such case public opinion has no impact on ratings and thusly time is not as important. However it would still be nice to know when the ratings were made or last updated.
  • What happened sucked regardless.... Feb 6, 2021

    By Hig89
    Giving a one star is something not in my blood. I came into the hype like everyone else, but late and I’m okay with that. I did not put my life savings in it though. At the end of the day it’s gambling . I was not effected as others were. This App indeed did some shady stuff regardless of why you did it. But that’s life right? I’ve learned a lot in these past weeks and if it wasn’t for this app, I really wouldn’t be aware of how things can turn. I’m starting to focus on my long term investments more then ever and I love that. I’ll continue to use this app as references, but putting big bucks in Robinhood is now something I’ll never do. I appreciate the platform for me to learn and understand this game. 3 stars I find appropriate, I just hope you learn from the one star reviews and help the people who truly need it during this time. Not the hedge funds who already have billions of dollars. Robinhood is the name we all know as children who take from the rich and give to the poor. It’s hope for many who don’t have the means for it. You gave hope to people then took it right back. I won’t delete this app, but people and myself included need to be more conscious where our money rests. Thank you again for this platform and hopefully other developers can learn from mistakes that Robinhood made. Good luck with everything ! A lot of punctuation error but you get my point . Regardless of the money.... the moon we go!
  • Great App! May 28, 2020

    By LIk3Aball3r
    It’s easy to understand (once you get familiar with stock trading terminology), and it makes trading stocks feel simple. One suggestion I do have is when I’m looking at the line graph of a stock that I have shares in, I’d like to be able to see visually on the graph where I jumped in at. So say I bought some shares at $4.67/share and I held the shares for 2 months. If I click on the 3 month view of that stock, I’d like to see a little pin or something on the date that I bought my shares at. That way I can see in an instant whether I bought while the price was high or low or mid. Also it helps just in general to see what spikes I’ve held my shares through and which dips I’ve been along for the ride for. I could see this being particularly helpful in situations where I’m buying/selling a lot of shares quickly, or I’m trying to study the markets and look at my past investments. We would be able to notice patterns in our trading habits like if we are overly aggressive on a regular basis, or if we are consistently too passive. I’ve noticed just by my own tracking that I tend to sell a little early. But if I were trading on much larger scales with a lot more money, I wouldn’t be able to mentally keep track of everything. So without writing it down, it would be tough to look at these stocks and remember when I bought at. Just a thought.
  • Sep 5, 2021

    By Drew Mull
    The one thing I liked about it was the simplicity of the interface, and even that had flaws. I've been trading for a few years. You don't get a y-axis on your charts, so movement of 1% and 10% can look the same, and you have to hold your finger on the chart to see the value at that point. Good luck seeing opening prices. I also really dislike their recommended articles and Paid For Order Flow practices.. And they're complicit in market manipulation, but they're small fish in that regard.
  • Sep 14, 2021

    By Moriar Gryphons
    App generated more notifications than I'd like, and I can't find anywhere in the app to change the notification settings to par them down to what I want to hear about. Update: I found the settings for notifications, and turned them all off. About every couple of months, I get another notification and have to muck in the settings again.
  • Sep 8, 2021

    By Shawn Smith
    This time customer support is my greivance. All in all I like this app. But at the moment I am being screwed due to a system error, which is understandable but, easily adjusted. It's been 2 days now that my money has been in limbo. After about 6 months, I'm tired of the ups and downs. Other apps may cost more but, maybe it's time to find out if they're worth the stability.
  • Aug 29, 2021

    By Troy Boston
    Worst customer service I have ever dealt with. Not user friendly. Don't download unless you want to go through stressful logging in attempts, and poor customer service. I feel like they want you to get frustrated and quit so they can keep your money. App starting to seem like a scam. Untrustworthy especially dealing with money.
  • Sep 11, 2021

    By John Kos
    The absolute worst customer service ever. I've been out of work and without any income since March of this year. I have been trying for over a week and a 1/2 to get my money put back into my checking account. They never answer the phone and when they do you get cut off just minutes into the conversation. I did have one guy by the name of Matthew that started out helpful but I haven't heard anything back in 2 days. This is just ridiculous.
  • Sep 8, 2021

    By jacob lemmert
    Forced to redownload to update tax status. This awful designed scheme is forcing people to redownload the app to artificially increase the number of current users/downloads. Disgusting business practice by a disgusting business. I also found in the process that my account was upgraded to cash management without my permission or. Being told about leading to a debit card being opened in my name without my knowledge.
  • Sep 5, 2021

    By H D
    I really love the app but, once the order is filled for Ex, options case, the statement and history page when you click the filled order, it doesn't provide at what average price the order was filled is very annoying..I can only what was the limit price put in, but would like to see avg of the contract that was filled is necessary IMO. Hole they will improve soon. I understand at diff page I can be be able to find the filled price, but order page must show as well.
  • Sep 9, 2021

    By BuckBounty
    No longer able to log in after changing phone numbers. No option to update and customer service is not helpful at all. I would use something. The site and app is just poorly designed. I would not trust them with my personal information.
  • Aug 30, 2021

    By nasta camp
    They are very dishonest. They claim no fee but they do take fees, especially on crypto and option trading. Whenever a stock is rising especially dogecoin they take away the buy and sell button so you cannot trade. They don't allow day trading for certain accounts which is ridiculous. When buying or selling options they upsell when you try to purchase and when selling they want to decrease your credit claiming that the stock trades in $0.5 increments even stocks that are double digits.
  • Works well until it doesn’t! Support is the worst! Feb 5, 2021

    By Philip Eenos
    I’ve had Robinhood for well over 5 years now and it was a great app to learn how to trade general stocks as well as options trading. The worst and most important part comes down to support when anything goes wrong. Expect the worst service you can get and expect to lose money since you won’t be contacted for over a week. When I say expect the worst service, that means they will only contact you via email or somehow via the app, don’t expect to find a number because that does not exist with their support. Robinhood support is supposed to contact you within 1-3 days as they say and may take longer due to volume. I have personally reached out 6 times due to not being able to sell a call option to take profit and the app saying “Account cannot trade that instrument” all the way up until the day of expiration. I lost the opportunity to make a few hundred dollars until I was only left to exercise the option and let the other option go to waste and expire out of the money by the time the stock dipped at expiration. Because of this, I have opted to transfer my full account to another broker and decided to close my account with Robinhood once it clears. Lack of support is an important aspect especially when you’re dealing with something financial. With that being said, I wouldn’t recommend Robinhood to anyone unless you want to risk a potential loss when something goes wrong and “support” will not support you in time.
  • img Community
    Moved all stocks into Robinhood. So easy to manage to check my portfolio every single day. More importantly, it's totally free.
    img by Naoki
    2 years ago
  • img Community
    Becoming a millionaire starts with saving and investing, here you can learn how to invest with resources and reports and trade in the same app. This way you can work on making your 1,000,000s immediately and for free.
    img by John
    1 year ago
  • img Community
    If you've been trading crypto for less than 2 or 3 months, you might want to take some advice from professionals as you trade on a convenient platform. Trade and learn from your phone so that you can take Dogecoin
    img by Aubrey
    4 months ago
  • img Expert Best Stock Trading Apps for Beginners 2021

    Best Stock Trading Apps for Beginners 2021

    We tested all the most popular stock trading apps for beginners to see which ones were the best for getting started with stocks and trading. Here's what we found. 

  • img Expert
    1. Buy and sell stocks online: no commission fees, no minimum balance, and, best of all, no experience necessary
    2. Google Play Material Design Award Winner for intuitive design built for both newcomer and expert accessibility
    3. Refer a friend and you'll both get a free stock from some of the most popular stocks on the market today

    Reviewed by Laura S on January 11, 2018

  • Excellent, but improvement idea Aug 8, 2020

    By Pw95
    First off, using the app now for years and loving it. Excellent idea also to add option trading and crypto. I very much enjoy the margin account under Gold (well done and conditions are fair) and I see how Robinhood is constantly improving it. However, definitely problematic are the following aspects: 1. Power usage, the app is draining my battery. Idk if it is because I have a lot of stocks on the watch list and every time I open the app it’s loading in all data for each of them or something, no idea. But my phone gets very warm after a few minutes of using the app (iPhone Xs with 96% battery health and iOS 13.6). 2. Technical issues at order placing. Low volume products such as certain options or even for high volume blue chip stocks sometimes the order confirmation page is loading for 5min before it’s placed. Same thing for cancelling an existing order sometimes. Usually though this isn’t much of an issue. 3. Robinhood has the “replace order” button for placed but pending orders for options. Why not also make it a button for placed but pending stock orders? Would be so convenient. 4. I just wish you’d see some more data next to the list where you see PE and yields. Beta coefficient and payout ratio would be absolutely lovely to have there. Important metrics and convenient to see at one glance. Hopefully you’ll take this feedback into consideration when improving the app. Other than that, keep up the good work! Thanks.
  • I wish you had more crypto and coins in general Feb 6, 2021

    By michaelw17
    I would like to invest in some other securities that robinhood doesn’t have. I feel you guys are losing clients to this matter. Also, there are some stocks you guys don’t allow on the site but are on others. Finally, I wish you guys would make trading extended from 4am-8pm. Again some other brokerages allow that. I feel that these 3 main reasons are holding you guys back alittle when you could have 100 million users instead of where we stand today. I’m with you 100%. Two wks ago I was alittle weary and Alot of fellow traders im friends with all started discussing leaving robinhood for other brokerages like webull and ameritrade etc etc again some prob left your brokerage over the squeeze ordeal. I had an issue with it also. I know you guys float money but this should have been thought of before you became a bank pretty much per say. We lost thousands and tens of thousands of dollars off of the retrained that were put on us. Even with crypto. That was alittle outside of character. I understand why but it screwed us when if we were on or with another brokerage per say that wouldn’t have happened and I’d have another 7-12k or more in my acct. right now. Just giving you the word on the street lol anyway you guys have made your site very easy to use and it’s all at your fingertips (for the most part like I stated) all in all. Thanks and hope this helps. Mike
  • Power in your hands Mar 9, 2021

    By baretruth
    Robinhood gives you the power to dynamically view securities and place orders clearly and quickly. It also gives you the power to quickly grow into advanced investing strategies if you wish to. Critics may say this is terrible because it’s too easy for the unwitting to lose their money not understanding what they are doing. To that I say I’m sure that happens, but Robinhood does their part to prevent this. They have educational resources and built in info and messages to caution and inform about risky trading actions. Do not blame Robinhood for the thoughtlessness of careless users. Having access to the tools Robinhood provides is truly freeing and empowering. Yes, they have their bugs and other issues. However, the platform is so preferable to any other platform that I am not bothered at all by an occasional downtime or other issue. Further, I have used Robinhood since before they offered fractional shares, Crypto, and their debit card/cash account (which pays interest monthly at a superb 0.3% APY!) and each of these features have made it all the more amazing. My message to the remaining critics is that you don’t seem to understand what you’re missing out on. By my estimates, Robinhood will be able to fix its current issues and introduce more and more features that make it the best place for any non-corporate investor to be. Sincerely, impressed. (And looking forward to what’s ahead on Robinhood)
  • Love App , company and democratized breakthrough Aug 2, 2021

    By Patel Ankit (newark)
    I remember back in 2013 I started to invest in Stocks with a Scottrade brokerage firm and each time you make a transaction you pay $7 fee. So, basically for buying a single stock you have to pay $7 and selling another $7. At the end of the day your profit meter will always start after $14 at any given point , beginners don’t find it viable option that each time your profit has to be -$14 plus federal taxes at the end of year. I have been using this product almost since 2014 or 15 cannot remember but cannot think for a better app than robinhood. There are lot of other wealthy brokerages firms and rich people who try to criticize robinhood mission and only want the rich to be rich. For average American joe or immigrants , robinhood has against all odds have provided a platform so simple that everyone can start investing for future. When a person tries to a breakthrough something established for years they definitely face a lot of flak and criticism from people who have been rich holding stocks for decades but millennials want to improve their life today! At the same time think about future. Everyone needs are different. Long story short, stock and options trading is phenomenal and crypto there is still room to improve and add more currencies. Also, I would definitely be interested in what company has to offer long term for assets management.
  • Experience Improvement Suggestion Jun 3, 2019

    By A*Low
    This has been a fantastic app in all the time that I’ve been using it. Since about 2017. There have been many new additions since then. One of them being analyst ratings where we can see how many analysts provided a rating, and what percent said said buy, hold, or sell. This has been quite a useful gauge (along with others) for investing. That being said we all know time marches on and opinions change. Unfortunately I have not noticed any relevance to time in this analyst ratings feature. Perhaps these ratings are updated weekly. However, without knowing at what time the ratings were made it’s hard to tell how a stock, like GOOG, would be rated after some news comes out, like the antitrust inspection. Surely we can look at the rating description to see if it mentions anything about this news, but it still doesn’t address the main concern. That is when did each analyst rating actually happen. 30 could have been before a big news break and perhaps only 7 after. Making for a possibly inaccurate rating. Perhaps the news has nothing to do with these analysts ratings and it’s all about the companies numbers. In such case public opinion has no impact on ratings and thusly time is not as important. However it would still be nice to know when the ratings were made or last updated.
  • Great App! May 28, 2020

    By LIk3Aball3r
    It’s easy to understand (once you get familiar with stock trading terminology), and it makes trading stocks feel simple. One suggestion I do have is when I’m looking at the line graph of a stock that I have shares in, I’d like to be able to see visually on the graph where I jumped in at. So say I bought some shares at $4.67/share and I held the shares for 2 months. If I click on the 3 month view of that stock, I’d like to see a little pin or something on the date that I bought my shares at. That way I can see in an instant whether I bought while the price was high or low or mid. Also it helps just in general to see what spikes I’ve held my shares through and which dips I’ve been along for the ride for. I could see this being particularly helpful in situations where I’m buying/selling a lot of shares quickly, or I’m trying to study the markets and look at my past investments. We would be able to notice patterns in our trading habits like if we are overly aggressive on a regular basis, or if we are consistently too passive. I’ve noticed just by my own tracking that I tend to sell a little early. But if I were trading on much larger scales with a lot more money, I wouldn’t be able to mentally keep track of everything. So without writing it down, it would be tough to look at these stocks and remember when I bought at. Just a thought.
  • New member. Apr 30, 2020

    By Muttlikepop
    I joined Robinhood a little over 3 months ago in Feb 2020 after I heard Clark Howard talk about on the radio. I think it is a great asset to the common man who doesn’t have thousands of dollars to invest in stock all at once. Robinhood is a way for the average person to study and learn about different stocks themselves and decide where they want to put their money. Then by way of the phone app they can check their stocks all day every day. A person can invest as much as they want, pennies or more. I’ve been able to invest over 3,000 dollars in these 3 make months by taking some savings and then doing the best part, which is taking any disposable income I have and buying stock with it. I never stop for fast food or buy anything but necessities now because I’ve found that I’d rather take the $5.00 or whatever it is that I would spend on junk food etc and buy stock. With the virus canceling all sports I’ve found watching my investments on Robinhood be more entertaining especially since I actually have a stake in the game now. The only thing I do wish Robinhood would do is explain the gold mining daily market better. I’ve put large amounts of money into a few of these and then all of a sudden the stock totally changes. These companies send out information but for an average guy they are too hard to understand. Thank you.
  • Freedom IS Actually Free! Jan 2, 2020

    By GrandpaToldMe
    Time is the number one advantage you have when investing. Or so my grandfather told me. For years, however, I waited and put off investing until I had “enough” money to make the fees most brokers charge worth it. But I never seemed to have “enough” and I hated waiting (and therefore wasting the magic of compound interest). Robinhood took away my excuses and not only made it ridiculously easy, but completely FREE to invest. I’ve been using the app for over 3 years now and I’ve never spent a dime. And by referring the app to friends, I’ve received 15 FREE stocks from Robinhood (worth $65). The design is intuitive. The financial charts are easy to understand, without being overwhelming. The always up-to-date links to the latest news stories about the individual stocks are really helpful; over time, just reading little by little, I feel my knowledge about investing has grown thanks to those links. I’m mainly interested in long-term investments, but the few short term trades that I’ve made have been a breeze. I’m not that wealthy, yet, but honestly this app is one of my favorites on my phone because watching the dividends come in and the compound interest grow year-by-year genuinely makes me happy. Robinhood is simply complete financial peace-of-mind in a beautifully designed app. I can’t thank its creators and designers enough!
  • Senior Tax Accountant Oct 25, 2019

    By ArAgOnRiChIe305
    Love this app! This is been instrumental for so many people I know in their understanding of investing, financial planning, and general financial health. Amazing, easy-to-use user interface. Love the free stock for referrals, love the selection of securities, and love the cash management. My only gripe is perhaps updating the Dividend Yield, PE ratios, etc. to the current security information (current price, current dividend payout, etc), showing the performance over a period of more than 5 years (i.e. 10 years, ALL-TIME), and having a more robust, advance information base. RobinHood has and is solving a market problem by offering an investment solution for the masses, highlighting the fact that investors should understand what they are doing and what they are investing in. This is an incredible tool and resource on how anyone can improve their financial position, condition, and health through investing. This isn’t something just for ultra rich. This is available to everybody. Just have to have the determination, perseverance, and the mental fortitude for all our decisions about money (from all that online shopping to buying premium brands to feeling like you “need to splurge” yourself to make you feel better (you really don’t need it) and sky is the limit. Excited for people interested in this app and in their financial future.
  • Simple UI, just needs tweaks Jul 21, 2021

    By nightdrv
    Right off the bat, RobinHood is extremely easy to use. For the most part, they offer nice little explanations for almost everything, so there’s not a lot of guesswork. If you’re getting into options trading, it gets instantly more confusing, so I would seek semi-professional help in that. If you’re just looking to trade shares however, or at least buy & sell them outside of a five day window, it’s great. In fact it’s the best that I’ve seen so far. I’ve made suggestions to them via email, and will do so here as well: We need to be able to sort our investments each day. Example: Sort by Daily Return. Sort by Total Return. Simply having those two sorting options, included percentage change for our own investments, would make a world of difference in spotting daily movers very quickly. Of course you can do that as a workaround by adding every single one of your stocks to a list, then sorting THAT list, but that’s two extra steps that could’ve been done on the front page with just 1 click. We also need to be able to set up notices. As in SMS/text messages/app notifications that we set up in advance to warn us of when a particular investment interest or currently held one goes above or below a preset target that we choose.
  • You guys could be the driving force to become the best May 26, 2021

    By Ty1364
    Let be very real you dropped the ball. Having the people behind you is what makes you a hands down best app to be had. Regardless of why you had to restrict, why you had to put holds on buying shares it was not communicated clearly and this is where the disconnect come from. You must remember it is not your money that was on the line it is your customers money that was being held from them. I am a new investor. I like how easy your platform is, I like the fact your charts are easy on the eyes and I can read them. What I do not like is that since this disconnect there really has not been anything directed to your customers. Yes, some statement here an interview there, but I don’t care about why you had to do what you did I want to know how you feel about me. Your decision ultimately moved the market and yes although is was not just you it was just you because you are my voice and I use your platform. I have not removed my money from my account prove me right that I think you can be better then this last week 2nd review: I really like how you have come under fire and still was their for customers. I thought that I definitely would leave, but so glad I did not. Keep education at the forefront of investing. This is the way. I now have given you four stars.
  • Sep 13, 2021

    By beans_4_brains
    Widget updated and it wants to display the percentage change and current price. Too much info for 2 x 4. Just want the current prices but there seems to be glitch. Please fix what you broke.
  • Investing for anyone Mar 2, 2021

    By Phone Philmmaker
    Robinhood is a great way to start investing cash in stocks with fractional shares, which generally start at a dollar. It doesn’t have to be your life savings, it can just be like $20 here and there. Rather than having the money sit around, it can grow with the market, and appreciate in value generally faster than the interest from your bank or whatever. It’s not a game, you could lose real money, so be careful. FTC rules dictate that you can’t do risky moves like day-trading if you don’t have tens of thousands to play with, but that’s probably for the best. There’s some weirdness around wait times for bank transfers and some controversy around whether you really get the full value of what you buy, due to the financial mechanisms they use to make trades “free” - but that’s to be expected for financial services like this. The app is nicely designed but a little buggy - sometimes it loses track of what’s in your lists and what isn’t, for example. When trading crypto it’s not as fast or as granular as a real exchange. It has a news feature which is pretty informative. All in all, if investing is something you have been wanting to try, I would recommend giving it a shot through Robinhood. It’s fun! Just be careful and smart about it. Like gambling, don’t wager what you can’t afford to lose.
  • Fantastic for new or casual traders, room for improvement with crypto Aug 31, 2021

    By JSourPower
    Pro’s: Great, easy to use platform for stocks and options. Excellent for beginners and/or a casual investor or someone that does small or “hobby” investing. Easy and fast to buy/sell. $0 fee trades. The $5/month for Robinhood gold is worth it if you make frequent trades and/or want access to margain (first $1k is interest free with gold membership). Con’s: very few crypto offerings (and you don’t get your own wallet, so essentially you’re purchasing a coat check ticket for the crypto robinhood already owns). The extra information you get with a gold membership is pretty worthless and common knowledge stuff, so a gold membership is a waste if you aren’t using the margain features (if you use the full $1k you’re allowed interest free you’re basically paying 6% apr on it if you factor in the $60/year you pay for gold membership.) Too many Benzinga type (junk) reports pushed. Robinhood does seem to “gamify” quite a bit- bright, flashy colors and logos, etc. - makes it very easy to make trades based on emotion or spur of the moment decisions. Unable to make trades when the market is closed (can make limited trades shortly before and after market hours but only to other users within the robinhood ecosystem)
  • Good interface Apr 24, 2021

    By Thpanthony
    Not gonna lie. The confetti interface that was carried out did have more of a childish effect when seen, but glad that was cleared out of the way and more into a direct looking transition when depositing money like seen in other accounts. Organizing lists of stocks/ETFs are pretty spot on with the advantage of their filters to sort out in multiple ways, which is nice to have in mind. Would be good to see them organize their crypto portion of things since it does provide three solid categories of Ethereum, Alt Coin family and Cryptocurrency as a whole; but would like to see more of their additional alt coins that they may want to add into the crypto database for us investors to trade into, even though it’s mainly a stock brokerage platform than a crypto one of course. But since they’re a few coins that have gained popularity in the app such as DOGE, it would best to see if they may want to add a few more alt coins in there that are trending in popularity or traction that can be bought or sold in order to have additional income progressing as some alt coins have done so and currently still do so. My two cents on this point but overall a really great app to trade into as they keep implementing new improvements each time in their platform.
  • Easy to use Jul 21, 2020

    By LeviRay64
    So overall I love the application. That said I can’t seem to find the reoccurring investment option despite emails back and forth with robinhood support it still isn’t something I see. It would also be real cool if robinhood allowed you to enter in your info age goals etc and for gold members made a suggestion on portfolios. I.e based on the info you entered here are 5 different ways you can auto invest for the projection of increase each year. I’d love a more streamline/automated way of a portfolio. I understand I can do this with and S&P index fund but it would be cool to see robinhood have or make their own suggestions. Or it would be cool if when we built out our own portfolio robinhood had a pie chart that showed what our investment types were and overall said based on your current portfolio your risk level is : highly aggressive and defined what that meant. Here are some stock we’d recommend to reduce risk, etc. Last note and again I don’t have access for whatever reason to reoccurring investments but I’d like to be able to allocate let’s say $400 a month to investing but of that I want specific % to passively purchases specific stock each week is that what is offered with reoccurring? Looking forward to finding out!
  • Great platform ... Free stocks when you share! Investing , learning , buying or selling made easy ! Sep 5, 2021

    By BuyandBarter
    Down load the app ... share it with a few friends and you are on your way. Easy trading . Simple platform to walk a newbie like me through a complex system. Just received my 8th free stock for sharing the app!!! Just hope they get the issues fixed with trading during high volumes. After having this account for the last 1yr the biggest problem I have come across is the inability of customer care to resolve issues with stopping transfers (2). On 2 separate occasions transfers were made one not sure how but transferred over 900 while in my pants pocket … did not think that was possible. 2nd was me keying in 10k instead of 1k. In both situations customer care was contacted after not having the ability to cancel through the app…. In both situations they could not stop the process even though money was not received either time for 4 and 5 days. Robinhood needs to fix this if you do not have access to the funds for almost a week …. Give the customer through the rest of the day to cancel the transaction . Holding the customers funds while accruing interest is not the right solution for these situations.
  • Helped Me to Initiate Investing!!! User-Friendly!!! May 3, 2021

    By Tiger Mya
    I absolutely love the Robinhood app! It’s easy to navigate after quick exploration of the app and even better, the organization of it is impeccable. One issue I have with other investment apps is that I open them up see a bunch of unorganized random numbers and I’m just turned off and almost intimidated, but with Robinhood you see the amount you’re investing followed by an easily understood list of all your investments which is separated by stocks listed first, the crypto. These can be even further broken down by just clicking on the individual investment. The only reason I gave Robinhood 4 stars instead of 5 is because 1) I wish there was an instant deposit to bank option after you sell a stock and 2) Robinhood is so user-friendly that I would expect to see a separate number telling you your total exact profit separately from the number at the top that says how much you’re investing total. Lastly, I’ve had a few issues with my Robinhood card, but it’s not necessary to my daily life and it may be a user error so that is not included in my reasoning. Overall a really great application that I would recommend to anyone regardless of investment level.
  • Robinhood Review Nov 4, 2020

    By Great Work. Need beneficary
    Hello, I’ve been using Robinhood for over two years now. 1st I want to say the platform is brilliant, and the commission free promise revolutionized the online broker industry. However, in the last few months I’ve explored some other brokers and I’ve noticed some HUGE drawbacks when comparing robinhood to other platforms. My biggest complaint is the fact that I can’t name a beneficiary for my portfolio. 2nd is the computer interface. Love the phone app but the Robinhood website on computer is so far behind every other broker that I’ve decided to move most of my assets to other brokers. 3rd is the charts offered by Robinhood. They’ve hardly changed since I started years ago and are falling behind when compared to other platforms. I will say, the addition of partial shares and dividend reinvestment was a huge step for Robinhood and I can’t wait to see what other advances are made in the future. If some changes are made and RH allows me to name a beneficiary I will definitely come back to the platform, but for now I’m transferring nearly everything to my other brokers. Love what you guys do, and the leaps you guys have made but it kinda feels like you guys are suffering from sever growing pains. P.S. are you still hiring?
  • Great App, great for new investors Apr 9, 2020

    By Cbarb
    I absolutely love this app. I used TD before and I liked it, but compared to Robinhood it was so complicated. I was googling and looking up everything just to make basic trades, Robin Hood is set up very simple, and in a more user friendly app. More like a social media page vs the New York stock exchange. I love the fact I can make free trades, if I make a trade I’m up 10-20% in a week I can get out and take my gains. With other services I had to clear a trade fee ( I believe it was 7 at the time) before I could sell. So no matter what percentage I was up if it didn’t clear the 7 to buy and 7 to sell I was stuck. My only two negatives with the app, some times it will just freezes up and basically have you stuck no buying or selling for how ever long it takes them to fix it. Usually it’s not a big deal but I can see when I have 100+ k in how it could be upsetting. Also some times when you invite a friend the free stock just doesn’t come through, most of the time I haven’t had a problem, but I’ve been with a friend before sent them the link watch them click it and help them set up and my free stock just never came in. Over all great app but has a few minor kinks to get out.
  • Just needs a human when things go wrong May 17, 2021

    By ClydeJonesVII
    As of lately I have literally been logging into my Robinhood app at least 7 times a day or more. I am very familiar with the layout, the menu, settings etc. One day I opened the app and saw all of my investments and well as other stocks that are listed showing a gray box next to it with a dash going through it. Now I’m used to seeing something kinda similar when I lost my signal and the app is trying to pull the information as soon as I get a signal but this time was different. I was home connected to my WiFi and my internet connect was excellent. No other app was having connectivity issues so I knew it wasn’t my internet, the only option available on my Robinhood was the link for a free stock if I recommend a friend. So I tried to troubleshoot by closing the app out completely then flogging back in and the same problem. I then clicked on the Help then contact us and realized the help is just pre loaded questions that they assume should resolve most issues you have but since none of those preloaded questions pertained to me I chose the option of “something else” which it then led me to write an email option. I did however within about 20 minutes the app began functioning properly. I never received an email response back and that was at least 2 weeks ago. That is my biggest concern with the Robinhood app. No live chat support or phone number to call. Other than they if everything works as designed the is the best app for your money.
  • Sep 2, 2021

    By Bʀᴀɴᴅɪ TX
    The app has been working better for me recently since I've downloaded the newest updates. I raised my rating back up somewhat, seeing as how I haven't experienced any glitches within the app, lately. I will rate 5 stars once again if it continues to work correctly during moments of high volatility, as it should be.
  • Very laggy, needs extended trading hours. Mar 11, 2021

    By Ooksneksneknd
    My app is been so slow, worse every day. I even upgraded to top of the line Internet and nothings changed. Taking forever to load the stocks I own, and then taking forever to update their prices. When I click on the options, the same thing happens. When I click on an option to buy, instead of opening up where the price is currently so I can buy somewhere above or below the money, it opens on the most expensive call available. Then I have to take the time to scroll down to find the price of the stock and then determine my calls from there. It’s just super annoying. Lot of unnecessary time wasted for no reason. If you’re trading stocks, and time matters, literally down to the second, this is definitely not the app to use. Will cost you thousands of dollars like it has me. If you are swinging or long-term trading then it’s good for those purposes only. I am slowly exiting my positions one by one and freeing up my money so I can transfer my stocks over to a different platform. I really love how user-friendly this app is, but the small details that cost time, cost money. If you try to email them about anything, you always get a generic answer from a prompt. Even that’s a waste of time. If you email them about your app being slow there’s nothing they can do. They tell you to do all the obvious stuff like power cycle your phone, restart your Internet, uninstall reinstall your app. None of it works to improve the app speed.
  • What happened sucked regardless.... Feb 6, 2021

    By Hig89
    Giving a one star is something not in my blood. I came into the hype like everyone else, but late and I’m okay with that. I did not put my life savings in it though. At the end of the day it’s gambling . I was not effected as others were. This App indeed did some shady stuff regardless of why you did it. But that’s life right? I’ve learned a lot in these past weeks and if it wasn’t for this app, I really wouldn’t be aware of how things can turn. I’m starting to focus on my long term investments more then ever and I love that. I’ll continue to use this app as references, but putting big bucks in Robinhood is now something I’ll never do. I appreciate the platform for me to learn and understand this game. 3 stars I find appropriate, I just hope you learn from the one star reviews and help the people who truly need it during this time. Not the hedge funds who already have billions of dollars. Robinhood is the name we all know as children who take from the rich and give to the poor. It’s hope for many who don’t have the means for it. You gave hope to people then took it right back. I won’t delete this app, but people and myself included need to be more conscious where our money rests. Thank you again for this platform and hopefully other developers can learn from mistakes that Robinhood made. Good luck with everything ! A lot of punctuation error but you get my point . Regardless of the money.... the moon we go!
  • Love the app Apr 24, 2021

    By Jolius
    I would have given it a 5 stars review, but some aspects of the app needs work. I think it would be easier for someone at my level of inexperience with stocks to have your actual stocks label stocks own by you so that you can understand better, even tho it sounds silly it took me a while to figure out that my stocks are the first ones, as well as I guess is a given once you look under the name of the stocks that it shows you a number of how much you own of that stock. The other thing I believe can be improved is the amount of time that it takes for your application to be approved, I know that this can be challenging since many people are applying but the market changes at moments and you loose the chances of buying stocks at a lower price by the time your application is approved. I think that it could also be a good improvement for the app if they would just add a buy button to either the left or right on the stock instead of having to press on the center since sometimes you end up pressing right and it gives you the display data instead of the buying option. I do love that this app exist and the last thing I would love is that they would give you the free stock once a person uses your link instead of having to wait for their application to be approved. I hope my feedback will be of hep. Thanks to the team and everyone involved in the creation of this app.
  • Sep 7, 2021

    By Jesus Navarro
    Great app but when you market buy it makes you always buy higher then whatever it's currently at even if it drops more when you buy it so they can make a fraction of that money too. And as of this last like month and a half all the auto buys never trigger need to fix that.
  • Great Interface, Poor Standards Feb 3, 2021

    By CarbonMINI
    From the outset, I have enjoyed the app’s aesthetic and ease of use. The entire process is very polished and made trading/research enjoyable while providing the needed information. I have no complaints whatsoever with the program from a technical standpoint. Had you solicited my opinion prior to the end of January, I would have given an equally glowing review for the trading ethics as well. Being that the process of making a trade is rather simple, one can only say that Robinhood provided the service as expected or did not. As I’m sure Robinhood is well aware, trading was restricted on a number of shares due to “volatility” as your messages called it. Later, an explanation was provided that the clearinghouse would not approve trades in certain equities due to this volatility. As a service which provides access to the stock market via commission free trading, Robinhood and its clearinghouse should have been aware of such volatility’s prior to the events that unfolded. Instead, it’s users were denied an opportunity that many have acknowledged may never happen again. In short, Robinhood employs a streamlined and user-friendly means of interacting with the stock market. However, this comes at a price: such access can be denied whenever Robinhood is unprepared to deal with foreseeable issues. It leaves this user to wonder whether there aren’t more reliable platforms that may not look as nice.
  • Sep 3, 2021

    By Steve DeVore
    Somewhat looks and feels like a video game. Research is severely lacking. Options trading can be confusing when coming from "real" trading site. That said, it does work. For basic trading it's fine. If you want complex trades etc, I'd suggest looking elsewhere.
  • Better money movement strategies Mar 12, 2020

    By J.SakH2HG
    I really am enjoying Robinhood. I would like to say that there is one thing I’m not fond of however. That is the trade and sell in a single day feature. Three trades and sells in 5 trade days is just nonsense. You are telling your investors that they must take a loss. Or that they can’t make money. I get the concept as to why you do this. Again though it is unfair. We read up on a stock that is predicted to do well and invest money, that same day the stock starts to take a dive and we can’t pull out without being sited for a possible “day trade”. I’m new to all of this like many of your investors using this app are. I think implementing something for the little guy would be more fair. You say it’s ok if you have $25,000 invested on the app. Well a lot of us don’t. And I’d like to be able to move my money where I’d like when I like and maybe you guys should consider upping that trade number to 5 per 5 trading days or “week”. Then impose a few for any there after! The idea of being restricted from getting out of risky stocks is not fair. Pretty much saying that you need to put your money into blue chips or futures and let it sit as opposed to buying a stock and looking to turn a profit that day or week. Sorry if I haven’t articulated myself the way an investor with years of experience would have. Although like I said I myself along with many others using Robinhood are beginners. Thank you.
  • Thoughts on RH after 3 years May 17, 2021

    By cautiously optimistic investor
    I’ve used RH for just over 3 years. I’ve learned a lot in general in trading as well as appreciate the ease of use/user friendly interface for new investors as they get into the market. In my opinion, you invest your money RH should be treated as a tool. That said, recent discussion on limits on buys/sells whether it’s a liquidity issue or something else has me seriously considering movement away from this platform. I have several brokerage accounts and to be limited is frustrating to say the least and has serious financial impacts on individuals. I will give RH one more chance moving forward as I have most recently chalked the issues up to “growing pains”. If RH plans to go IPO and succeed it will need to seriously navigate this ^^^ “liquidity situation” and ASAP. At the end of the day i simplify it to the core principle, I give you my money so you can make money and when I want my money you give me it back. I refuse to become desensitized to these “liquidity issues” should they continue and intend to speak with my money then. I continue to be cautiously optimistic about RH and look forward to seeing what changes will be implemented with the talks about adding more crypto and functionality, to include wallets etc. This is intended to be a constructive review and any news on RH I tend to take with a grain of salt until I am able to experience it on my own.
  • Sep 5, 2021

    By H D
    I really love the app but, once the order is filled for Ex, options case, the statement and history page when you click the filled order, it doesn't provide at what average price the order was filled is very annoying..I can only what was the limit price put in, but would like to see avg of the contract that was filled is necessary IMO. Hole they will improve soon. I understand at diff page I can be be able to find the filled price, but order page must show as well.
  • Works well until it doesn’t! Support is the worst! Feb 5, 2021

    By Philip Eenos
    I’ve had Robinhood for well over 5 years now and it was a great app to learn how to trade general stocks as well as options trading. The worst and most important part comes down to support when anything goes wrong. Expect the worst service you can get and expect to lose money since you won’t be contacted for over a week. When I say expect the worst service, that means they will only contact you via email or somehow via the app, don’t expect to find a number because that does not exist with their support. Robinhood support is supposed to contact you within 1-3 days as they say and may take longer due to volume. I have personally reached out 6 times due to not being able to sell a call option to take profit and the app saying “Account cannot trade that instrument” all the way up until the day of expiration. I lost the opportunity to make a few hundred dollars until I was only left to exercise the option and let the other option go to waste and expire out of the money by the time the stock dipped at expiration. Because of this, I have opted to transfer my full account to another broker and decided to close my account with Robinhood once it clears. Lack of support is an important aspect especially when you’re dealing with something financial. With that being said, I wouldn’t recommend Robinhood to anyone unless you want to risk a potential loss when something goes wrong and “support” will not support you in time.
  • Sep 4, 2021

    By Kamal C
    Was One of the best for investing in Crypto such as Bitcoin, but I just hate that they very often put a Pause or Stop on trading Crypto when it is doing exceptionally well. I was recently trying to purchase some bitcoin and stock because it was doing well but they stopped the buying/trading option during this time and made people miss out on major cash in "Gamestop Corp" and AMC Theater stock, yes this was a well planned and a systematic event that only made the rich that much richer.#insidejob
  • Unethical practices and false advertising Feb 3, 2021

    By brownflash
    Here is a few things other than Robinhood’s recent restrictions on buying stocks 1) Robinhood sells your options an hour before the market closes, let’s say you have an option contract worth 50$ at 2:00 P.M. and you chose to wait till 3:00, Robinhood sells it for lower than market price ( it doesn’t market sell ) 2) what happened with Reddit stocks can happen with any stock on a volatile day, however it didn’t happen with KODK, let’s say the volatility was too high with GME, Robinhood is still unprepared for future events. To understand this better if everyone at Reddit chose AAPL instead, Robinhood would’ve still done the same as it doesn’t have enough money to clear the sales, which again brings back false advertising 3) people committed suicide cuz of Robinhood’s exploitation of amateur traders by lucrative margin offers and stupidly ridiculous user interface which is claimed to be user friendly however in stock market you need informative interface over bright colors that make it seem like a game 4) options are going to ruin the stock market due the bubble they create, Robinhood made this worse by approving amateur traders to trade options, for example I convinced my friend to create an account in Robinhood with a portfolio value of 300$ and 2 days later he got his options enabled, same guy who banks with chase and had an investment account with them for over a month with 2000$ in portfolio value got denied.
  • Horrible for crypto May 26, 2021

    By Sarahgamer1235647
    I’m in college and decided to start investing for long term. Had a few GME shares through the whole WSB craze and honestly wasn’t upset with Robinhood during that time. HOWEVER, I started reading crypto at high volumes, purchasing and selling at $10k at a time. And I noticed they take a cut WITHOUT TELLING YOU. I know the price you submit your request at is not guaranteed, but the fluctuation is far too few in between to be the reason why my sale price was so far off of my ticket submission price (there’s only 1 second in between these two things). Started to look into it and yeah, it’s pretty fishy. If you are profiting at a small amount, they lead you to believe you gained money by using psychological tricks (colors of the chart and the positive earnings calculations), but if you actually look at what gets put into your money that can go back into your pocket, there’s some money missing. It’s not a crazy chunk but I have lost a couple hundred where they have led me to believe I’m profiting just above the breaking even point. And if you think about it, when they do it to thousands of people, they are reallly profiting off of it. Such a bummer because it’s so dishonest. Also a bummer bc I am a huge fan of the Robinhood snacks podcast! They shouldn’t hide in the fine print the fact that they take a bigger portion of your earning than you are lead to believe. Super disappointed since everything else is good
  • Pretty good app, missing a few things Jun 11, 2021

    By Chaselic204
    I wouldn’t listen to all the one star reviews that say Robinhood is working with big money to scam the common investor but be aware that Robinhood has done some illegal practices in the past such as not explicitly stating their business practices and way of making money to the consumer which got them into trouble with the SEC. The app itself needs some work, I think the graphs should have a bit more detail to them, even Yahoo finance has them beat there with their 1 minute scale 1 day graph. I also really wish you could trade limit fractional shares because I’m just getting started and wanted to be able to use a limit order instead of a market order. Other than that it’s a pretty good app that’s visually pleasing, and has a much better design than any other brokerage interface. EDIT: I just bought a few dollars of Bitcoin to test it out and I can say that buying Bitcoin on Robinhood is basically a scam. If you buy a market order, the price you pay is at least $100 higher than what’s shown on the chart, and when you sell you get $100 less than what it states on the chart. And if you think that you can get away from this with limit orders, let me tell you that they never fill when the price goes to the level you wanted, and only fills once it goes a few hundred dollars above or below the price in the direction that loses you money.
  • Costumer service May 17, 2019

    By Christian90123
    I love Robinhood. I trade almost daily and it’s slowed me to secure an extra income. Well I funded my account about two weeks ago with $2700. I’ve lost about $100 since then. No biggie it happens. So, I go to withdraw some cash out $500 and it’s not letting me. I’ve been contacting customer support and we’ve been talking back-and-forth and my situation should have been resolved today Friday, May 17, 2019. However today I’m not able to still withdraw any funds. My $2590 is on hold “bank holding period.” I understand that these laws are put in place to protect us as investors from other people having access to our funds if we drop our phones etc. however it is unacceptable that in the world of finance that I cannot speak with someone to resolve this situation in an intelligible manner. This all stemmed from me mistakingly deleting my banking information from the application. When I saw I made a mistake I entered in the exact same information I’ve always had in my adult history. For some reason their system can’t recognize my previous information and it sees it as new information. There isn’t one other brokerage that whatever hold my money hostage and from reading the reviews here I’m not the only one. My situation has been heard from customer support however nothing is resolved this is unacceptable. I will continue training with Robinhood only if they can resolve the situation.
  • App well designed, company not so much Mar 31, 2021

    By mikellbl
    I have tried using Robinhood, and while I like the app for convenience (though it doesn’t have hot keys and improved charting features), the customer service and back end drives me crazy. The first thing is that they consider instant deposit to be margin...want a cash account to avoid PDT rules? Get ready to wait. It took almost 3 weeks of dealing with customer service to accomplish it, then once done watch how transfers are handled - money leaves your bank overnight and gets settled in your account in 5 to 7 days. They may not charge commission, but I would sure love to sit on their float. When I trade on Robinhood and Schwab, I always seem to get better entry and exits on Schwab...it seems like Robinhood either has an internal queue or doesn’t have the access that Schwab (or any other retail broker). Robinhood is probably the answer for many, but not for me. If you rely on technical or fundamental analysis, then it would be difficult to rely on Robinhood. I have supplemented with other resources, but at the end of the day the lethargy of customer service and glacier like movement of transfers is a deal breaker for me. If you are bound by PDT, there are so many better options. If you are not bound by PDT, then I question your sanity - play online poker at least they want to get your account funded.
  • Options Nov 13, 2020

    By gdhdhchcurbevdi
    Execution on options; the execution on your options in some cases take down right near forever to exercise from the sell order input. On several occasions I have noticed the only way options sell, are when the price reverses, which makes me think those with the Robinhood app Are put on the back burner, so to speak and if the price does not reverse, a lot of money could be lost.I watched a sell order fall more than 50%In the money, only to sell some 10 minutes later out of the money. That kind of execution does not get you high marks. The purchase and sale of shares: on many occasions now, I have watched the purchase of shares increase by one cent per share when the share price never actually hit that price. The same goes for the sales only on the sale price, it is one cent lower then what it actually hit. How is this possible? You wanted my opinion, you got it, but I seriously doubt you’ll do anything about it because you want graphs, pictures, and any kind of evidence that says this isn’t true. I’m not here to give you evidence I’m here to give you my opinion. If you want evidence, try it yourself I’ll just make my decision going forward. In the meantime maybe find a way for options to exercise a little quicker and honestly I would not mind paying a little more. Sincerely, RH user
  • Lost trust Jan 30, 2021

    By mr tibbs 1276
    The only reason I’m giving 2 stars is for the way the app is set up. It is easy to understand the layout and in general I think this would have been a great way to learn about stocks. That being said, I wouldn’t recommend this app for anyone who would like to make money in the stock market. Robinhood has shown that they are willing to change the rules (make new rules for when/if you are allowed to buy stocks) even if it costs you a lot of money and manipulates the entire market. Perhaps I should not have been surprised that this could happen; they are a private company. That being said, Robinhood has marketed themselves in such a way that makes the retail investor feel like they matter, and that they want to give everyone access to trading. Turns out, they do want people to have access, it’s just that they want you to have access to you losing money instead of gaining it. This entire situation reminds me a lot of casinos kicking out people who are counting cards, despite counting cards not actually being illegal. It’s this simple: when you finally figure out a way to beat a system, that system will try its best to find ways to make sure that never happens again. I no longer plan on using Robinhood, and would not recommend it to anyone.
  • Sep 5, 2021

    By Drew Mull
    The one thing I liked about it was the simplicity of the interface, and even that had flaws. I've been trading for a few years. You don't get a y-axis on your charts, so movement of 1% and 10% can look the same, and you have to hold your finger on the chart to see the value at that point. Good luck seeing opening prices. I also really dislike their recommended articles and Paid For Order Flow practices.. And they're complicit in market manipulation, but they're small fish in that regard.
  • Sep 14, 2021

    By Moriar Gryphons
    App generated more notifications than I'd like, and I can't find anywhere in the app to change the notification settings to par them down to what I want to hear about. Update: I found the settings for notifications, and turned them all off. About every couple of months, I get another notification and have to muck in the settings again.
  • Sep 8, 2021

    By Shawn Smith
    This time customer support is my greivance. All in all I like this app. But at the moment I am being screwed due to a system error, which is understandable but, easily adjusted. It's been 2 days now that my money has been in limbo. After about 6 months, I'm tired of the ups and downs. Other apps may cost more but, maybe it's time to find out if they're worth the stability.
  • Aug 29, 2021

    By Troy Boston
    Worst customer service I have ever dealt with. Not user friendly. Don't download unless you want to go through stressful logging in attempts, and poor customer service. I feel like they want you to get frustrated and quit so they can keep your money. App starting to seem like a scam. Untrustworthy especially dealing with money.
  • Sep 11, 2021

    By John Kos
    The absolute worst customer service ever. I've been out of work and without any income since March of this year. I have been trying for over a week and a 1/2 to get my money put back into my checking account. They never answer the phone and when they do you get cut off just minutes into the conversation. I did have one guy by the name of Matthew that started out helpful but I haven't heard anything back in 2 days. This is just ridiculous.
  • Sep 8, 2021

    By jacob lemmert
    Forced to redownload to update tax status. This awful designed scheme is forcing people to redownload the app to artificially increase the number of current users/downloads. Disgusting business practice by a disgusting business. I also found in the process that my account was upgraded to cash management without my permission or. Being told about leading to a debit card being opened in my name without my knowledge.
  • Sep 9, 2021

    By BuckBounty
    No longer able to log in after changing phone numbers. No option to update and customer service is not helpful at all. I would use something. The site and app is just poorly designed. I would not trust them with my personal information.
  • Aug 30, 2021

    By nasta camp
    They are very dishonest. They claim no fee but they do take fees, especially on crypto and option trading. Whenever a stock is rising especially dogecoin they take away the buy and sell button so you cannot trade. They don't allow day trading for certain accounts which is ridiculous. When buying or selling options they upsell when you try to purchase and when selling they want to decrease your credit claiming that the stock trades in $0.5 increments even stocks that are double digits.
  • Sep 6, 2021

    By mason lockhart
    At first the app was appealing, seemed simple to use straightforward, but then they illegally halted trading on several stocks with no warning. Turns out you don't own any of the crypto coins you buy, they have like 30 class action lawsuits, for possible collusion, manipulation, insider trading, naked short selling, anti-trust laws, etc. If I were you I would stay clear of this brokerage.
  • Sep 12, 2021

    By Wesley Lagomarsino
    App version 4.78.2 no longer allows you to view all of your purchases, sales and dividends within any individual stock on my android device (crypto seems to work fine). Robinhood's customer service sent me on a wild goose chase, having me do all kinds of nonsense on my end, and so far, has not even considered that the flaw is in THEIR updated version of the app. Furthermore, they keep changing customer service reps. Consequently, I have to re-explain everything, each time. I'm very frustrated.

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