What is Robinhood?

At Robinhood, we believe that the financial system should be open and available to everyone. This core belief motivates us to create products that allow you to invest in a way that meets your individual needs and preferences. We are dedicated to providing fair access to financial resources for all users, regardless of how much they wish to invest. Our platform is designed without account minimums or trading commissions for stocks, ETFs, or options, making investing straightforward and cost-effective. Furthermore, with Robinhood Crypto, users can buy and sell Bitcoin, Ethereum, Dogecoin, and many other cryptocurrencies at any time, all without facing transaction fees. We prioritize the security of your personal information and digital assets, ensuring they remain protected at all times. Any funds you deposit or earn through sales in your Robinhood Financial account are immediately available for cryptocurrency trading in your Robinhood Crypto account, creating a streamlined investment experience. This unwavering dedication to accessibility and security exemplifies our goal of reshaping the financial world for everyone, fostering an environment where anyone can take control of their financial future. Through these efforts, we strive to empower individuals to make informed investment decisions with confidence.

Screenshots and Video

Robinhood Screenshot 1

Company Facts

Company Name:
Robinhood
Date Founded:
2013
Company Location:
United States
Company Website:
robinhood.com/us/en/about/crypto/

Product Details

Deployment
SaaS
iPhone
iPad
Android
Training Options
Documentation Hub
Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Robinhood Categories and Features

Stock Portfolio Management Software

Billing & Invoicing
Client Management
Data Warehousing
For Investment Advisors
For Traders
Order Management
Portfolio Accounting
Portfolio Rebalancing
Risk Management
Tax Management
Technical Analysis
Wash Sale Detection

Robinhood Customer Reviews

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  • Reviewer Name: Lou P.
    Position: RAS
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 5,000 - 9,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Great stock app

    Date: Jun 21 2022
    Summary

    Robinhood is a great app for the stock market if you are interested in just playing around and getting use to the market. Not so good if you are a serious investor.

    Positive

    Easy to use, simple to find stocks, and very fast response time from support. Accurate stock numbers and fun to use.

    Negative

    Not easy to understand all the options given on a stock option.

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  • Reviewer Name: A Verified Reviewer
    Position: Recruiting Coordinator
    Has used product for: 6-12 Months
    Uses the product: Daily
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    No thank you

    Date: Feb 28 2022
    Summary

    I will not be going back to this platform and every time something gets listed on this platform, the price drops drastically.

    Positive

    You can trade crypto and some other stocks. It doesn't focus on just one or the other for your trades.

    Negative

    Froze, crashed, spent 6 months trying to get an account verified and finally had to escalate it to get in. Not at all a fan of this platform.

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  • Reviewer Name: Dominik R.
    Position: Senior Project Manager
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Support for making suitable investments

    Date: Apr 22 2021
    Summary

    Robinhood has helped me through its analytics to make the best investment decisions by providing me with detailed features and summaries of recent events in companies and their impact on the stock. Investing in stocks is often a game of chance because, in a matter of seconds, a store can go up or down, but Robinhood has meant more gain than loss for me, which has been beneficial.

    Positive

    I like the way Robinhood works, its interface and how easy it is to use. Robinhood shows me what I need in terms of potential companies to invest in and the events that have happened recently in these companies offering how they have affected the shares of these companies, all this without any additional charges.

    Negative

    The web-based interface design is not as user-friendly as the mobile app, which is a bit strange.

    Read More...
  • Reviewer Name: Mathew W.
    Position: IT Support
    Has used product for: 6-12 Months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Responsive, but problems with transactions

    Date: Sep 20 2021
    Summary

    Robinhood is great if you want to do some fun personal investing, but you have to be careful that you don't get burned by their poor care for the off the street investors

    Positive

    Robinhood has billed itself as the outlaw investment software that takes the money out of trading and puts it into the common man's hands. And the no cost transactions help with that a lot.

    Negative

    Robinhood having to halt trading at various points due to meme stocks has been a huge problem for people who aren't classic investors.

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  • Reviewer Name: A Verified Reviewer
    Position: Sales
    Has used product for: 6-12 Months
    Uses the product: Weekly
    Org Size (# of Employees): 1,000 - 4,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Great place to start investing!

    Date: Jun 13 2021
    Summary

    But that was definitely the exception. Overall, I’m a huge fan of Robinhood, and would highly recommend it to anybody trying to get into investing.

    Positive

    Extremely easy place to start investing I to the stock market. Amazing user interface, and very beginner friendly. And it sends you any important tax information come tax season.

    Negative

    I mean, there was the issue whenever GME and AMC, and the other meme stocks were exploding, and they halted trading, which was questionable. But that was definitely the exception.

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  • Reviewer Name: Yoni L.
    Position: Ceo
    Has used product for: 6-12 Months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Limit trades doesn’t always mean limit to them!

    Date: Apr 08 2021
    Summary

    Terrible I would never recommend them and I’m closing my account! No one to talk to and no response!

    Positive

    Don’t like anything.

    Negative

    I have made way too many limit orders and they purchased it for me wayyyy above that so I am at a loss when I should be very much in the green and there’s no one to talk to there!

    Read More...
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