Robinhood

Invest Your Way: Commission-Free Trading For Everyone, Starting at $1

Founders

Vlad Tenev (Co-founder & CEO)

Baiju Bhatt (Co-founder)

Launch Date

2013

Key Investors

Index Ventures

Ribbit Capital

NEA

DST Global

Sequoia Capital

and more

About

Robinhood is a comprehensive financial services platform democratizing investing with commission-free trading starting at just $1. The app offers stocks, ETFs, options, cryptocurrencies (24/7), retirement accounts with IRA matching, and banking services. Premium Robinhood Gold ($5/month) provides enhanced benefits like 3% IRA contribution matches. With robust security features, educational resources, and 24/7 support, Robinhood empowers a new generation of investors to build their financial future.

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$420

Max IRA boost 2024

24/7

Crypto trading availability

Use Cases

First-time Investor - A college student using Robinhood to start investing with $1 fractional shares of popular companies, learning investing basics through the app's educational resources.
Crypto Enthusiast - A tech-savvy professional trading cryptocurrencies 24/7 on Robinhood, taking advantage of the platform's commission-free trades and easy-to-use mobile interface.
Retirement Planner - A mid-career professional opening an IRA on Robinhood to prepare for retirement, benefiting from the 3% match on eligible contributions with Gold membership.
Advanced Trader - An experienced investor using Robinhood Gold for market research, Level II data, margin trading, and options strategies to diversify their investment portfolio.

Robinhood's Crypto Offerings

Users can trade crypto 24/7
Robinhood allows users to buy, sell, and transfer BTC, ETH, XRP, SOL, DOGE, SHIB, and more
Users can start trading with as little as $1
Cryptocurrency services are offered through Robinhood Crypto, LLC (RHC)
Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services

Security and Access