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'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.
| 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 |
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
|
US stock
|
$0.0
|
$0.0
|
$0.0
|
|---|
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.
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.
|
USD margin rate
|
6.0%
|
11.3%
|
9.2%
|
|---|
Low options commission
Similarly to stocks, options trading is also commission-free.
|
US stock index options
|
$0.0
|
$5.0
|
$5.5
|
|---|
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 |
Other commissions and fees
You can find Robinhood's fees for other asset classes below. Click 'Show more' for details.
Low spot crypto fees
Interest on uninvested cash
In order to earn interest at Robinhood, you will need to sign up for their so-called cash sweep program. The broker will then move your eligible uninvested cash into its network of FDIC-insured program banks that hold and invest your cash. These banks then pay interest on those deposits, minus any fees paid to Robinhood, which you receive as part of the brokerage cash sweep program.
You’ll earn 0.01% Annual Percentage Yield (APY) on your uninvested brokerage cash that is moved to the banks. Robinhood Gold members will receive 4.5% interest on uninvested USD.
There is no minimum account balance required to participate in the cash sweep program.
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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.
