Robinhood Review 2026
Robinhood is the right starting point for new investors — nothing else is as easy to use. But active traders will quickly outgrow its limited tools. Think of it as the gateway drug: start here, graduate to Tastytrade or Webull.
Get Free Stock on Robinhood →Who Is Robinhood For?
New investors taking their first steps into the stock market, casual investors who prioritize simplicity, and anyone who wants to combine stocks and crypto in one clean app.
Pros and Cons
Commissions & Fees
Robinhood in Depth
Robinhood's 2013 launch fundamentally changed the brokerage industry — within 18 months of launch, every major broker had dropped commissions to zero. Today Robinhood has expanded significantly: Robinhood Gold offers 4.9% APY on uninvested cash (one of the highest rates available), retirement accounts (IRA and Roth IRA), and extended trading hours. The 24-Hour Market feature offers trading on 900+ stocks around the clock on weekdays. Cash Card provides a debit card linked to your brokerage account with round-up investing. Despite the 2021 GameStop trading restrictions that damaged the brand, Robinhood remains the most widely-used trading app among Americans under 40.