Robinhood: Investing For All App Support

What is Robinhood: Investing for All? Description of Robinhood: Investing for All 3915 chars

Robinhood helps you run your money your way. Trade stocks, options, ETFs, with Robinhood Financial & crypto with Robinhood Crypto, all with zero commission fees. Other fees may apply*.

THE ONLY IRA WITH A MATCH
- Get 1% matching towards your retirement contributions. Limitations apply.
- Keep more of what you save. Earnings have tax-deferred or tax-free growth potential.

COMMISSION-FREE TRADING
- Trade stocks, ETFs, and options commission-free
- Invest with as much or as little as you want, whether it be $1 or $1000

ADVANCED CHARTS ARE HERE
- Identify trends for your investing strategies with technical indicators like moving average (MA), relative strength index (RSI), and more.

LEVEL UP WITH ROBINHOOD GOLD
- Earn 4.15% on your uninvested cash. Terms apply.**
- Get bigger instant deposits (up to $50k)
- Margin investing with a competitive rate (if eligible)
- Stay on top of the market with Nasdaq Level II data & Morningstar research
- $5 monthly fee after 30 day free trial

ROBINHOOD CASH CARD
- Set aside the change from Robinhood Cash Card purchases to invest
- Earn a matching bonus on your weekly round-ups
- Get your paycheck up to two days early with direct deposit***
- Eligible for up to $250K in FDIC insurance

CRYPTO WITH NO COMMISSION FEES
- We charge 0% to buy/sell crypto.
- Own your coins and securely transfer them in and out of your wallet
- Trade Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Solana (SOL), Dogecoin (DOGE), Avalanche (AVAX), Polygon (MATIC), Shiba Inu (SHIB), Uniswap (UNI), Ethereum Classic (ETC), Litecoin (LTC), and more.

INVEST SECURELY WITH LIVE SUPPORT, 24/7
- Chat with a Robinhood associate on your own schedule for any question you have.
- Our security tools, like 2-factor authentication, help keep your account safe
- Protection for your holdings up to $500,000****

FINANCIAL EDUCATION
- Learn as you invest with in-app lessons
- View in-app stock market news and stock performance info


Disclosures
Investing is risky, consider investment objectives & risks carefully before investing.

*View Robinhood Financial's fee schedule at rbnhd.co/fees.

**APY as of 2/3/23, and subject to change. Interest is earned on uninvested cash swept from your brokerage account to program banks.

***Early access to direct deposit funds depends on timing of the payer's submission of deposits and is not guaranteed. We generally make these funds available on the day the payment file is received which may be up to two days earlier than the scheduled payment date.

****Member of SIPC. Securities in your account protected up to $500,000. For details, see sipc.org. This does not protect against a loss in the market value of securities.

IRA match: Contributions must come from an external account and must be held in the Robinhood IRA for at least five years to avoid the possibility of a withdrawal fee

Robinhood Money, LLC ("RHY") (NMLS ID: 1990968) offers a spending account and the Robinhood Cash Card. The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard®. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Round-ups & rewards are a service of Robinhood. For round-ups and rewards to be available, you need to have a brokerage account with Robinhood Financial, LLC or a Crypto Account with Robinhood Crypto, LLC

Cryptocurrency trading is offered through an account with Robinhood Crypto (NMLS ID: 1702840).

Fractional shares are illiquid outside of Robinhood & are not transferable. Not all securities are eligible for fractional share orders. Learn more at robinhood.com

Securities trading offered through Robinhood Financial LLC, member SIPC. See our Customer Relationship Summary at rbnhd.co/crs.
Robinhood Financial LLC and Robinhood Crypto, LLC are wholly-owned subsidiaries of Robinhood Markets, Inc. 2718521

Robinhood: Investing for All App User Reviews

What do you think about Robinhood: Investing for All app? Ask the appsupports.co community a question about Robinhood: Investing for All!

Robinhood: Investing for All Pros

✓ Freedom IS Actually Free!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!.GrandpaToldMeVersion: 8.9.1

✓ Great idea but lousy serviceI have been using this app for about a year. I have used e trade for many years but wanted to save money on my trades. The app works fine. The company however is very shady. On more than 1 occasion the trade price increased right when i bought it. Every time I end up paying the difference. The customer service is horrible you can’t talk to anyone and it’s all generic email responses that don’t even respond correctly. Just recently I signed up for their Robinhood Gold which is their margin account product. It was initially advertised as use it and they will charge $15 a month if you have a balance. Then it changed to $15 a month if you have a balance or not. I have been trying to cancel it for 2 months now. I’m still getting charged $15 a month for nothing. There is no way to call in and the robot emails from customer service are programmed to refuse any inquiry that involves a refund. I like the price but with the hidden charges every where and the lack of caring for their clients I might go back to e trade. Free trades sound good but obviously they need to make money so they have a business plan of hidden fees and secret support that you can’t talk to a live person. I wouldn’t trust this site for your entire portfolio..Sneeze stuVersion: 7.3.0

Robinhood: Investing for All Cons

✗ Works well until it doesn’t! Support is the worst!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..Philip EenosVersion: 9.0.2

✗ I loved Robinhood, until they became shady.I’ve been using Robinhood for over 3 years now, and honestly, I loved it, especially once they allowed the buying of fractional shares. However their recent actions in response to GameStop, Blackberry, Nokia, AMC, Dogecoin, and other stocks & cryptos, is shady, and as an investor & customer, disappointing. They gave an explanation for their actions, and it was an extremely poor excuse. What they’ve shown me is that they are not in favor of their customers/investors when they compete with major Wall Street hedge funds. They will turn their backs on the small time investors, which is the majority of their customer base, and side with the big hedge funds. Robinhood wants you to invest on their platform, but they do not want you to succeed in your investments beyond a bar that they’ve set, that can change at any time that they choose. I’ve given them an average rating of 3-stars because when I first started using them I give them 5-stars, but now that I’ve seen the true colors of their business ethics, I give them 1-star... and that’s being generous. For the moment, I’m still using them out of convenience until a few of my stocks mature, but once that happens, I will be closing my account and moving to a non-restrictive platform for future investments. I suggest that others do the same if they intend to make money with their investments..Sully420KingVersion: 9.0.1

Here's what's under the hood in our latest update: - Bug fixes and improvements.