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Robinhood fees explained

Your expert
Adam N.
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Updated
6d ago
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Overview of Robinhood fees and charges

When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.

If fees are your top concern, Robinhood is a good choice, as it has low fees in general. Check our toplist for cheaper brokers.

I found Robinhood's trading fees fairly low
Adam
Adam Nasli
Regulation • Fighting Scams • Market Analysis

I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how Robinhood fared:

  • Robinhood charges low fees for trading stocks and ETFs.
  • There is no inactivity fee even if you leave your account idle for a long time.
  • The basic withdrawal fee is $0, but some transactions may cost more.
  • Read our full review of Robinhood for info on safety, trading platforms and funding.
Robinhood fees at a glance
Assets Fee level Fee terms
US stock fee Low Stock and ETF trading is free
EURUSD fee - FX not available
US tech fund fee - Not available
Inactivity fee Low No inactivity fee

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Does Robinhood have fees? Robinhood charges zero commissionfor US stock, options and crypto trading. However, Robinhood provides further services which are not free of charge.

Commission-free stock and ETF trading

Robinhood stock and ETF fees by market
US stock
$0.0
$0.0
$0.0
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New
Stock Fee Calculator

Confused about fees? Use this tool to see what the commission fee of a specific stock trade would be at Robinhood. To check and compare fees at other brokers, go to our main Fee calculator page.

Before doing so, check out our Privacy Policy and our General Terms and Conditions.

USD
Select stock
USD

Low margin rates

The standard margin rate is 6.75%, which is high. On the other hand, the margin trading costs for Robinhood Gold clients is a $5 per month fixed fee and 0% annual charge below $1,000, while a 8% annual charge above $1,000.

Robinhood annual margin rates
USD margin rate
6.8%
10.0%
9.7%
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Low options commission

Similarly to stocks, options trading is also commission-free.

Robinhood stock index options commission
US stock index options
$0.0
$5.0
$5.5
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No inactivity fee, no withdrawal fee

There are no withdrawal or inactivity fees.

Broker
Inactivity fee
Withdrawal fee
Robinhood
$0
SoFi Invest
$0
Webull
$0
Robinhood inactivity, withdrawal and other fees
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Other commissions and fees

You can find Robinhood's fees for other asset classes below. Click 'Show more' for details.

Low spot crypto fees

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Interest on uninvested cash

Robinhood pays 5.0% interest on uninvested USD for Robinhood Gold members.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author image
Adam Nasli
Author of this article
I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.
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