Robinhood
Commission-free US broker that revolutionized stock trading
Ready in 2 minutes
* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.
Key Features
Stocks
Stocks trading available
ETFs
ETFs trading available
Options
Options trading available
Crypto
Crypto trading available
Robinhood App
Trading Platform
Robinhood Web
Trading Platform
Advantages
- Completely commission-free trading
- Very user-friendly app
- Fractional shares from $1
- Free options trading
Disadvantages
- Only available for US customers
- Limited research and analysis tools
- Payment for Order Flow business model
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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.
About Robinhood
Robinhood was founded in 2013 in Menlo Park, California, and revolutionized the US stock market with its commission-free business model. Regulated by SEC and FINRA, the broker enables free trading of stocks, ETFs, options, and cryptocurrencies. Its particularly user-friendly mobile app has brought an entire generation of young investors to the stock market. The product range includes stocks, ETFs, options, and cryptocurrencies – all tradable without commissions. Fractional shares are available from just 1 dollar, making entry into the stock market particularly accessible. There is no minimum deposit for account opening. Robinhood is particularly suitable for beginners and young investors in the US who seek uncomplicated, commission-free access to the stock market. However, the payment-for-order-flow business model is criticized by some experts, and research tools are limited compared to established brokers like Fidelity or Schwab.
Robinhood FAQ
Is trading at Robinhood really free?
Can I use Robinhood outside the US?
Does Robinhood offer options trading?
What are fractional shares at Robinhood?
Popular Strategies to Try
Concrete example trades you can replicate after opening your account at Robinhood.
Long Straddle · Tesla
Tesla Inc.
Highly volatile — no clear direction · highly volatile mover
Long Straddle · NVIDIA
NVIDIA Corporation
Highly volatile — no clear direction · volatile stock
Covered Call · Apple
Apple Inc.
Neutral to mildly bullish · calm stock
Covered Call · SAP
SAP SE
Neutral to mildly bullish · calm stock
Cash-Secured Put · Amazon
Amazon.com Inc.
Neutral to mildly bullish · medium-volatility stock
Iron Condor · S&P 500 ETF
SPDR S&P 500 ETF
Neutral / Sideways · calm stock
Iron Condor · Nasdaq-100 ETF
Invesco QQQ ETF (Nasdaq-100)
Neutral / Sideways · calm stock
Bull Call Spread · Palantir
Palantir Technologies Inc.
Bullish · highly volatile mover
Bull Call Spread · MicroStrategy
MicroStrategy Inc.
Bullish · highly volatile mover
Bear Put Spread · Coinbase
Coinbase Global Inc.
Bearish · highly volatile mover
Butterfly Strategy · Microsoft
Microsoft Corporation
Neutral — stock expected to stay near the center strike · calm stock
Bull Call Spread · NVIDIA
NVIDIA Corporation
Bullish · volatile stock
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