Robinhood Reviews & Ratings

4.6/5

“Solid option for mobile trading, just know what you need”

After switching to Robinhood I realised it met nearly all my needs as a mobile investor: quick trades, simple interface, no commission. I’m happy. But if I scale up I’ll check whether I need more features.

Pros : Robinhood offers a sleek app, fractional shares, options, crypto, commission-free trades, and it’s strong for mobile-first investing.

Cons : For serious investing (mutual funds, bonds, advanced analytics) it’s weaker.

Switched from : Vanguard

Reason to switch : I used Vanguard’s web platform but found it lacked mobile convenience and was built more for long-term passive investing. Robinhood fitted my active mobile trading style better.

4.6/5

“Perfect for casual trading, not yet pro-level”

As a casual investor I mostly buy index funds and some stocks. Robinhood worked well for me. But I recognise if I ever got serious I might need a more advanced platform.

Pros : Excels at making investing approachable for beginners and casual investors.

Cons : More advanced users may find its research services and platform to be too bare-bones.

Switched from : Merrill Edge

Reason to switch : I used Merrill Edge when I started, but the minimums and fees didn’t make sense for my small-scale trades. Robinhood fit my casual trading style better.

4.6/5

“Free trades were amazing, but not enough research tools”

I saved lots on trade fees when I moved to Robinhood. But when I needed deeper research for a trade I sometimes found myself lacking data.

Pros : Robinhood’s zero-commission model is a major draw: “commission-free investing” is stated on their site.

Cons : The research and educational tools are limited.

Switched from : Interactive Brokers

Reason to switch : I switched because Interactive Brokers had lower fees but a very complex interface. Robinhood gave me simplicity and free trades.

4.6/5

“Clean UI, great mobile-only workflow”

I primarily trade from my phone and Robinhood’s mobile app felt made for me. I could check positions, set trades, view data all from my phone.

Pros : Reviewers say Robinhood’s interface is intuitive and smartphone-friendly.

Cons : The mobile-only focus means some desktop-features are missing or less mature.

Switched from : Charles Schwab

Reason to switch : I switched because Schwab’s mobile app felt clunky and the desktop forced me to always be at a computer. Robinhood let me trade wherever.

4.5/5

“Super-easy to start trading, great for beginners”

I signed up with Robinhood because I’d never used a brokerage before and wanted something simple. With Robinhood I was able to buy stocks and fractional’s quickly from my phone. It felt very intuitive.

Pros : Robinhood offers commission-free stock and ETF trading, a clean mobile-first interface and access to fractional shares.

Cons : The investment selection is limited (for example, no mutual funds) and research tools are basic.

Switched from : E TRADE

Reason to switch : I switched from ETRADE because their fee schedule and interface seemed intimidating for a beginner. Robinhood offered an easier onboarding and no-commission trades.

4.5/5

“Great beginner rewards & easy sign-up”

I opened an account with Robinhood, got a free stock, and started trading with just $100. It was quick and easy. But I did face a verification delay when I tried a large deposit.

Pros : Robinhood often offers a free stock for signing up and has low minimums. The app’s rating on Apple Store is 4.3 from 4.6 million ratings.

Cons : My account was frozen and they will not let me withdraw any funds.

Switched from : Webull

Reason to switch : I tried Webull initially but found the UI less intuitive. Robinhood’s simplicity and sign-up incentives made me switch.

4.5/5

“Great value for small account, but support is lacking”

In my early investing days I loved how cheap and quick Robinhood was. But when I had a withdrawal issue, I found support very hard to reach.

Pros : Users appreciate Robinhood’s zero commission model and app ease-of-use.

Cons : Many review complaints focus on poor customer service and account-restriction issues.

Switched from : Fidelity

Reason to switch : I switched because Fidelity’s interface felt overwhelming and its commissions hadn’t dropped enough, whereas Robinhood gave me cheaper trades with fewer steps.

4.5/5

“Fractional shares and crypto access opened new doors”

I wanted to own pieces of big companies without investing $10,000. Robinhood’s fractional shares and crypto access made that possible. It opened investing to me in ways the old broker didn’t.

Pros : Robinhood allows trading of fractional shares, options, crypto and has a clean mobile experience.

Cons : The platform lacks some advanced tools for serious traders.

Switched from : TD Ameritrade

Reason to switch : I used TD Ameritrade at first, but it felt too heavy and expensive for small trades. Robinhood gave me the simpler, lower-cost access I wanted.

4.5/5

“Low cost but I’m cautious about outages/risks”

I loved the low cost of Robinhood, but I do worry about platform risk. When others were locked out of trades during high-volatility events, I felt uneasy.

Pros : Robinhood’s cost structure is a strong advantage: commission-free, no minimums.

Cons : The platform has suffered major outages and faced regulatory issues.

Switched from : Fidelity

Reason to switch : I switched because Fidelity’s cost structure was higher and I didn’t need all the premium tools. Robinhood’s low-cost access outweighed the added risk for my use case.

4.5/5

“Crypto and stock trades in one place, convenience wins”

I wanted one app for both crypto and stocks. With Robinhood I could buy Bitcoin and also trade stocks side by side. That convenience was the reason I moved.

Pros : Robinhood supports crypto trading alongside stocks & ETFs.

Cons : Some crypto trade markups and limited crypto-wallet features are not the best.

Switched from : Coinbase

Reason to switch : I used Coinbase for crypto and a broker for stocks; managing two apps was messy. Robinhood combined both in one place.