Minafi Rating
5 /10
Usability Rating
9 /10
Cost Rating
0 /10
Trust Rating
2 /10
Company Age Score
5 /5
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All comparisons:
Minafi's Take
Robinhood is an insanely popular investment platform best for day traders wanting a low-cost platform. Stock purchases, sales, and even options are free to trade. Robinhood has come under fire lately for disabling access to specific stocks.
Minafi does not recommend Robinhood for investing – except as a place to learn the basics with a small portfolio.
Here’s everything you want to know about Robinhood.
Who Manages Your Money?
Robinhood is categorized as a Self-Guided Account.
What Features Does Robinhood Offer?
Robinhood allows you to invest using at least 1 different account type, over at least 3 platforms.
Accounts Offered
How to Accesses
How Much Does Robinhood Cost?
Robinhood charges no advisor fee and offers no funds. Fees are based on a 0.10% expense ratio.
Current Promotions
Fees & Expenses View all fees
How Do I Sign Up?
Open an AccountWe have 25 screenshots of Robinhood.
Robinhood iOS - Home
Robinhood iOS - Home 1w
Robinhood iOS - Sell Stock
Here's a look at how Robinhood compares with it's closest competitors.
| Rating Type | Rating |
|---|---|
| Minafi Rating | 5 /10 |
| Usability Score | 9 /10 |
| Cost Rating | 0 /10 |
| Trust Rating | 2 /10 |
| Company Age Score | 5 /5 |
| JD Power Score | - |
| Overview Feature | Included |
|---|---|
| Founded | 2013 |
| Min Investment | $0.00 |
| Classification | |
| Accounts Offered | |
| How to Access | |
| Allows Investors from |
| Feature | Included |
|---|---|
| Automatic Investing | |
| Automatic Rebalancing | |
| Automatic Tax-Loss Harvesting | |
| Checking Account | |
| Fractional ETF Shares | |
| Free Trades | |
| Good for Beginners | |
| Good for Day Trading | |
| Good for Retirement | |
| Sign Up Bonus |
| Fee Type | Included |
|---|---|
| Management Fee | - |
| Monthly Fee | - |
| Options Fee | - |
| Trade Fee | - |
| Rating Type | Rating |
|---|---|
| Minafi Rating | 6 /10 |
| Usability Score | 8 /10 |
| Cost Rating | 7 /10 |
| Trust Rating | 7 /10 |
| Company Age Score | 5 /5 |
| JD Power Score | - |
| Overview Feature | Included |
|---|---|
| Founded | 2012 |
| Min Investment | $0.00 |
| Classification | |
| Accounts Offered | |
| How to Access | |
| Allows Investors from |
| Feature | Included |
|---|---|
| Automatic Investing | |
| Automatic Rebalancing | |
| Automatic Tax-Loss Harvesting | |
| Checking Account | |
| Fractional ETF Shares | |
| Free Trades | |
| Good for Beginners | |
| Good for Day Trading | |
| Good for Retirement | |
| Sign Up Bonus |
| Fee Type | Included |
|---|---|
| Management Fee | - |
| Monthly Fee | |
| Options Fee | - |
| Trade Fee | - |
| Rating Type | Rating |
|---|---|
| Minafi Rating | 7 /10 |
| Usability Score | 8 /10 |
| Cost Rating | 3 /10 |
| Trust Rating | 8 /10 |
| Company Age Score | 5 /5 |
| JD Power Score | - |
| Overview Feature | Included |
|---|---|
| Founded | 2017 |
| Min Investment | $0.00 |
| Classification | |
| Accounts Offered | |
| How to Access | |
| Allows Investors from |
| Feature | Included |
|---|---|
| Automatic Investing | |
| Automatic Rebalancing | |
| Automatic Tax-Loss Harvesting | |
| Checking Account | |
| Fractional ETF Shares | |
| Free Trades | |
| Good for Beginners | |
| Good for Day Trading | |
| Good for Retirement | |
| Sign Up Bonus |
| Fee Type | Included |
|---|---|
| Management Fee | - |
| Monthly Fee | - |
| Options Fee | - |
| Trade Fee | - |
| Feature by | Robinhood | Acorns | Webull |
|---|---|---|---|
| Rating | Open An Account | Open An Account | Open An Account |
| Minafi Rating (out of 10) | 5 /10 | 6 /10 | 7 /10 |
| Usability Score (out of 10) | 9 /10 | 8 /10 | 8 /10 |
| Cost Rating (out of 10) | 0 /10 | 7 /10 | 3 /10 |
| Trust Rating (out of 10) | 2 /10 | 7 /10 | 8 /10 |
| Company Age Score (out of 5) | 5 /5 | 5 /5 | 5 /5 |
| JD Power Score (out of 1,000) | - | - | - |
| Overview | |||
| Year Founded | 2013 | 2012 | 2017 |
| Min Investment | $0.00 | $0.00 | $0.00 |
| Classification | |||
| Accounts Offered | |||
| How to Access | |||
| Allows Investors from | |||
| Features | |||
| Automatic Investing | |||
| Automatic Rebalancing | |||
| Automatic Tax-Loss Harvesting | |||
| Checking Account | |||
| Fractional ETF Shares | |||
| Free Trades | |||
| Good for Beginners | |||
| Good for Day Trading | |||
| Good for Retirement | |||
| Sign Up Bonus | |||
| Fees & Expenses | |||
| Management Fee | - | - | - |
| Monthly Fee | - | - | |
| Options Fee | - | - | - |
| Trade Fee | - | - | - |
| Fee Table (100% = lowest fees) |
|
|
|
| View Full Comparison | Full Comparison | Full Comparison | |
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