Robinhood (Crypto)

๐Ÿ‘ 98%

Share your experiences with Robinhood (Crypto)

Tell us what you like and dislike about Robinhood (Crypto). Help others make more informed decisions based on your insights.
D

Dex H ๐Ÿ‘

Pros

I like the user experience (UX) to buy and sell. Very slick and easy to use with 0 commission.

Cons

The order execution is not fast enough sometimes, and it doesn't have a specific account like ROTH for retirement.
A

Alicia T ๐Ÿ‘

Pros

Everything on the app about selling & buying stocks is free, which is completely different than any other platform I've come across.

Cons

It does not offer much support to a new investor like myself.
K

Kawani D ๐Ÿ‘

Pros

Itโ€™s versatile for me. My fiancรฉ introduced me to the app which gave me a stock, which was pretty nice on my end. Iโ€™m just learning more about the cryptocurrency. Itโ€™s a amazing assist to monitor current stocks and other future investments.

Cons

The app tends to lag or stall on updating information in live market timing.
J

Joe H ๐Ÿ‘

Pros

Robinhood is easy to use and there are no fees for trading, which I love!

Cons

At times, it is slow to update and switching between stocks can be slow.
D

Dilparinder S ๐Ÿ‘

Pros

Simple, cheap, easy to trade/use, and good customer service.

Cons

It'd be nicer if it allowed faster $ transfer back to bank account.
M

Moshe O ๐Ÿ‘

Pros

Easy to use and trade. I was new and it provided a great learning platform.

Cons

The news portion could definitely be a little more relevant to the security youโ€™re looking at.
Z

Zach S ๐Ÿ‘

Pros

Very simple user interface. Can easily transfer money between app and bank account. Great usability in following certain stocks and staying updated on their movements.

Cons

Robinhood should consider adding the ability to invest in international markets as well.
S

Sydney L ๐Ÿ‘

Pros

The app doesn't charge you to make trades and I like that I can easily check my investments on my phone.

Cons

It takes 3 days-ish to settle and you can't short-sell on the platform.
C

Charles D ๐Ÿ‘

Pros

When I initially started using the app, it was a plain vanilla investing tool with limited types of investments. What it lacked in depth from an investing standpoint, it made up for in its ease of use, simple graphics, and price...free! Over the years, they have added a lot. You can run a decently robust investment strategy all through the application. It has kept its clean, streamlined look, and continues to be the best platform, free or otherwise, that I have used.

Cons

Robinhood is improving regularly. There truly are few things it isn't capable of, or that it isn't in the process of providing. I hope they keep it clean and simple going forward.
E

Emily N ๐Ÿ‘

Pros

Very easy to use! Simple, no fees. Great for those just starting to get into stock trading and cryptocurrencies.

Cons

More options for stocks. Sometimes large international companies aren't available.

Important Info:

Deposit Fee
$0
Trading fees
0.0%
Minimum Deposit
$0
Minimum Withdrawal Amount
$0

Robinhood (Crypto)

๐Ÿ‡บ๐Ÿ‡ธ
Robinhood is a US-based investment app that allows its users to buy and sell stocks, options, and cryptocurrencies without taking a commission.

Finimizeโ€™s Commitment:

Finimize is committed to empowering our users to make more informed financial decisions. We care deeply about the quality of reviews and all reviews undergo a thorough review process (read our guidelines here). No company can delete or otherwise censor reviews.