Robinhood is the brokerage that made $0 commissions the industry standard. Today it offers stocks, ETFs, options, crypto, IRAs with matching contributions, and a cash management account — all with no minimums and no account fees. Robinhood Gold ($5/month) adds 4.5% APY on cash and a 3% IRA match, making it the only major brokerage with a retirement contribution match.

Robinhood at a Glance

Feature Standard Robinhood Gold ($5/mo)
Stock/ETF commissions $0 $0
Options per contract $0.65 $0
APY on uninvested cash 1.5% 4.5%
IRA contribution match 1% 3%
Instant deposit limit $1,000 $5,000–$50,000
Morningstar research No Yes
Level 2 market data No Yes
Margin rate Variable (~10%+) ~8%
Account minimum $0 $0

What Robinhood Offers

Zero-Commission Trading

Robinhood offers $0 commissions on stocks and ETFs. Standard accounts pay $0.65 per options contract (Robinhood Gold eliminates this). Crypto trading is commission-free but subject to a spread. There are no account fees, no inactivity fees, and no minimum balance requirements.

IRAs With a Contribution Match

Robinhood offers Traditional and Roth IRAs with a contribution match — the only major brokerage to do so:

  • Standard: 1% match on every dollar you contribute
  • Gold: 3% match on every dollar you contribute

The 2026 IRA contribution limit is $7,000 ($8,000 if age 50+). At 3% Gold match, that’s up to $240 in free money annually on a maxed Roth IRA.

Fractional Shares Starting at $1

Fractional shares are available for thousands of US stocks and ETFs, with a $1 minimum investment. This allows fully diversified portfolios without needing to buy whole shares of high-priced stocks.

Robinhood Gold — 4.5% APY on Cash

Uninvested cash in a Gold account earns 4.5% APY through Robinhood’s cash sweep program (standard accounts earn 1.5%). As of 2026, 4.5% is competitive with most high-yield savings accounts.

Crypto

Robinhood supports 20+ cryptocurrencies including Bitcoin, Ethereum, and Dogecoin. Crypto is held by Robinhood Crypto, LLC — not SIPC-insured, but separately insured. Crypto can be withdrawn to an external wallet.


Limits Summary

Transfer Type Standard Gold
Instant deposit $1,000 $5,000–$50,000
ACH withdrawal/day $50,000 $50,000
Wire withdrawal/day $50,000 $50,000
Wire fee $25 $25
Stock settlement T+1 T+1

Robinhood Guides

WealthVieu
Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

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