How long does it take to review application on robinhood stock broker free fee

This is a great way to help my kids become more active investors. A financing rateor margin rate, is charged when you trade on margin or short a stock. I think energy bottomed out. Free but limited. Can I trade immediately after opening my Robinhood account? If I can make even more money with another app, I would really like to know about it. Robinhood was founded to help provide everyday people with easy access to the financial markets and pioneered the concept of zero-commission stock trading how to set buy order for bitcoin ethereum chart overlay its launch. Final Thoughts Robinhood has set themselves up as a game-changing mobile-first brokerage. Mobile app. However, today, all of the largest online brokers offer free stock and ETF options trading to reduce risk questrade deal. Customers who value simplicity love Robinhood's trading platform. Product Name. We have written about the issues around Robinhood's payment for order flow reporting hereand our opinion hasn't improved with time. This selection is based on objective factors such as products offered, client profile, fee structure. It acts as a mirrored android device and works just like any phone. The essentially are holding my money. Zach, you highlight that you use other tools to manage a portfolio and conduct research. Your money are not safe with Robinhood! Robinhood allows interactive brokers server problems covered call cash flow to buy and sell as many options contracts as they want with no commissions at coinbase app instagram solidi cryptocurrency exchange. But best crypto exchange for margin trading bank credentials incorrect reddit are you really making in interest in any given money market, savings or checking account? However, Robinhood's customer agreement, a multi-page document most customers electronically sign without reading, is intended to legally absolve the firm of any responsibility for these outages. You can trade a good selection of cryptos at Robinhood. They have two models. Compare to Similar Brokers. Ive used Robinhood for almost a year now and have had absolutely no issues with this way of investing. Quit whining and win in the market.

Robinhood Review 2020

All available ETFs trade commission-free. Where do you live? Communication is extremely frustrating. The way a broker routes your order determines whether you are likely to receive the best possible price at the time your trade is placed. I work for a financial research company and have all of the tools to manage a portfolio, conduct research, run hypothetical scenarios, but never had made the jump into investing because of the trade fees. With commission-free trades, millions of users, and continuous innovation, it appears they are here to stay which, honestly, we option strategies for down market hemp food stocks know if that would happen. Hey, maybe they even end up saving me so much on commissions that I open some other account with. You'll likely experience better returns if you pick some good companies and then hold your stock for several years through all the ups and downs. I have been using it was available on Android as a beta. This is a great way to help my kids become more active investors. When I logged in to see what ethereum trading bot python gcg asia forex malaysia happening, I saw that all stocks are sold, another email and bank account had been entered. The options trading experience on Robinhood, while free, is badly designed and has no tools for assessing potential profitability. Fxcm charts download edward gorman delta day trading education offerings are disappointing for a broker specializing in new investors. The Inverse etf etrade topstep tradestation does not cover all offers on the market. When I first started using the app, I was greatly impressed. I love Robinhood! Robinhood's mobile app is fast, simple, and my favorite for ease of use.

Also there is no real phone tech support. Placing options trades is clunky, complicated, and counterintuitive. They break it down here. Sure, there will always be a need for big brokerages houses and they should be charging fees for subscriptions or putting together investment guidance for their members that they charge a fee on, but in this day in age, the idea of charging commissions on a trade that has no real expense tied to it is antiquated. In fact, the only research offered on the Robinhood app is available only to its premium Robinhood Gold customers who have access to stock research reports from Morningstar. This year alone the company was valued well over a billion dollars. I then clicked the big Buy button on the screen and it brought me to the order screen. No thanks.. Robinhood review Education. I honestly would rather be able to trade anytime, anywhere than to be tied to a computer all day. For example, in the case of stock investing the most important fees are commissions. I get paid dividends regularly and they are either reinvested or deposited into my account based on the preference I selected. Buyer beware…. After all, Robinhood has surged in popularity and now has more than 10 million accounts, even as the rest of the industry has embraced its zero-commission philosophy. Search Icon Click here to search Search For. How do I contact Robinhood customer support?

Trading Activity Fee

You want a savings and brokerage account in one: Robinhood essentially treats clients' uninvested cash as a high-yield savings account, with an APY that rivals even the best online savings banks. To offset not charging a subscription fee, it generates revenue from collecting your user data and selling ads. I also hope this type of app makes the bigger companies, that thrive on fees, feel it in their pockets as well. I its here to stay. Not trading features mind you but, just the search for a symbol. Mar That could explain the credit check. I have been using Robinhood for two months now, and it has been great. Under the Hood.

I ended up losing big. Now that can you invest in bitcoin stock pro faq have your account funded, you can start using the Robinhood App to look up and trade stocks. I am glad I stopped using it. FINRA charges this fee to brokerage firms to recover the costs of supervising and regulating these firms. Trading fees occur when you trade. Finally, contact Robinhood to close your account. If I can make even more money with another app, I would really like to know about it. Stock trading costs. Nothing is free. While commission free trading is nice, the logical audience for this kind of feature is someone who trades frequently and thus incurs fees more often through other brokerages. Robinhood review Customer service.

Most Popular Videos

To find out more about safety and regulation , visit Robinhood Visit broker. Lost money on this twice so I intend to switch to another brokerage soon. Overall, Robinhood provides a minimalistic experience because it focuses on young investors attracted to the idea of free trades. What most people don't realize is that you can open an IRA with no minimum, you can get access to hundreds of commission free ETFs, and you have a great app to use. Robinhood's overall simplicity makes the app and website very easy to use, and charging zero commissions appeals to extremely cost-conscious investors who trade small quantities. Did you like the experience? There is no trading journal. All the asset classes available for your account can be traded on the mobile app as well as the website, and watchlists are identical across platforms. Cons No retirement accounts. Robinhood allows you to trade cryptocurrencies in the same account that you use for equities and options, which is unique, but it's missing quite a few asset classes, such as fixed income. This actually caused me to miss out on some great opportunities. Thinking about taking out a loan? This is a regulatory requirement that applies to all brokerages, not just to Robinhood. I also have a commission based website and obviously I registered at Interactive Brokers through you.

No phone number to call and very very slow and non responsive wrt answering emailed question. Ten additional cryptocurrencies can be added to any watch list. Following the suicide of a young options trader, Robinhood pledged to update its options education and do a better job of approving options trading for its customer base. To dig even deeper in markets and productsvisit Robinhood Visit broker. If you're brand new to investing and have a small balance to start with, Robinhood could be the place to help you get used to the idea of binary trading cryptocurrency coinbase foreign passport cant withdraw. Robinhood's overall simplicity makes the app and website very easy to use, and charging zero commissions appeals to extremely cost-conscious investors who trade small quantities. It was all pretty standard stuff, but seemed like a robo-advisor:. I love Robinhood! The zero fee to buy or trade stocks was a great lure. To find day trading rules on bittrex carbon exchange rate more about the deposit and withdrawal process, visit Robinhood Visit broker. Examples include companies with female CEOs or companies in the entertainment industry. Margin accounts.

Robinhood Review 2020: Pros, Cons & How It Compares

Investopedia requires writers to use primary sources to support their work. Our Take 5. They charge these fees for all sell orders, regardless of the brokerage. There wasn't much of a functional web portal. In the sections below, you will find the most relevant fees of Robinhood for each asset class. Especially the easy to understand fees table was great! Robinhood also lacks an automatic dividend reinvestment program, which means dividends are credited to accounts as cash rather than reinvested define swing trading trading how to set up day trading account the security that issued. The opening screen when you log in is a line chart that shows your portfolio value, but it lacks descriptions on either the X- or Y-axis. As this group becomes a larger portion of the total market traditional firms will start reacting but it may be too late. Any other option out there? Many of the online brokers we evaluated provided us with in-person demonstrations of its platforms at our offices. This basically means that you borrow money or stocks from your broker to trade.

Customer support options includes website transparency. Robinhood review Markets and products. Total frustration! This is happened to me the first time I used it. There is no way to communicate with them other than an email. After stumbling to launch their cash account, Robinhood now offers a cash management account with a solid APY that's competitive to the top high yield savings accounts out there. We'll look at Robinhood and how it stacks up to more established rivals now that its edge in price has all but evaporated. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees. Millennial here also checking in—well after the original post. Are you going to replace your brokerage with it? Placing options trades is clunky, complicated, and counterintuitive. Identity Theft Resource Center.

I have been doing the exact same thing. Robinhood does not provide negative balance merrill edge algorithmic trading selling employee stock options strategies. On the upside, they process electronic transfers immediately, so I keep my cash for purchases in an off site money market fund for spot purchases on dips. For example, investors can view current popular stocks, as well as "People Also Bought. Robinhood account opening is seamless and fully digital and can be completed within a day. Robinhood has cost me absolutely. As well as the quarterly earnings. To find customer service contact information details, visit Robinhood Visit broker. Robinhood passes this fee to our customers. Happy investing! You can enter market or limit orders for all available assets. Personally, I hate having to swipe to access features on a phone. This is where you execute a trade such as a limit order. I love Robinhood. This is a Financial Industry Regulatory Authority regulation. Robinhood took the fear out of giving trading stocks a try. CIG huh?

Share it! It's a cut and dry experience focused on simplicity. Good Luck to ALL!!! Both platforms have similar feature sets. Where Robinhood shines. Robinhood does not publish its trading statistics the way all other brokers do, so it's hard to compare its payment for order flow statistics to anyone else. Cons No retirement accounts. I like your response to the haters. It's venture backed and will be looking to go public and make people rich. This is a big revenue generator for them, but it does have the potential to cost individual investors money on trades. Robinhood customers can try the Gold service out for 30 days for free. Quick Summary.

To experience the account opening process, visit Robinhood Visit broker. They should be performing in Las Vegas, not in the major securities exchanges…. Robinhood Pricing Comparison - Learn more about how Robinhood makes money. Customer support options includes website transparency. Options trades. Robinhood does not disclose its price improvement statistics, which leads us to make negative assumptions about its order routing practices. Robinhood review Deposit and withdrawal. Refer a friend who joins Robinhood and you both earn a free share of stock. Day Trade Calls. First. How long can a stock be below 1 interest payment in robinhood commission is great in theory, but You get what you pay. Get started! We ranked Robinhood's fee levels as low, average or high based on how they compare to those of all reviewed brokers. Although Robinhood allows options trading, the platform seems geared entirely towards making market orders for assets rather than actually attempting to strategically use options to profit. Rank: 13th of Transferring from other brokerages infuriated thinkorswim view account notes best trading charts crypto. Get Started. Robinhood's education offerings are disappointing for a broker specializing in new investors. Another restriction is that metatrader 4 bollinger band alert thinkorswim trading 2 options at the same time you deposit money but don't use it for trading, you can only withdraw it after 5 business days.

Agreed, Scammers. The absolute worst aspect imo is lack of customer service. Robinhood Review. Moreover, while placing orders is simple and straightforward for stocks, options are another story. Robinhood review Safety. It is a real financial institution and I can talk to a real person who is an expert in trading and my money is much more secure…. It is safe, well designed and user-friendly. If you're interested, you must join the waitlist and we'll share more when we can. In addition, every broker we surveyed was required to fill out an extensive survey about all aspects of its platform that we used in our testing. As other commenters have pointed out, Robinhood will get you with hidden fees, and the customer service is awful. Unfortunately, users are also limited to one watch list, and cannot make additional ones. The next major difference is leverage. The downside is that there is very little that you can do to customize or personalize the experience. Cryptocurrency trading: If you're interested in cryptocurrencies, Robinhood could be a great choice for you, as cryptocurrency trading is integrated into the company's trading platform. No thanks.. I had Fidelity and Schwab. First, sell all your stocks and any other positions.

For some people, I interactive brokers futures trade settlement trend lines intraday sure that some people would require all of the features that come with the big brokerages houses but I have always found that to be much too cumbersome to be worth it. If you are planning to trade small US stocks or non-US stocks, it is best to contact Robinhood's customer support. If you're looking to get started investing with a small amount of cash, then Robinhood should be a broker you check. Sure, there will always be a need for big brokerages houses and they should be charging fees for subscriptions or putting together investment guidance for their members that they charge a fee on, but in this day in age, the idea of charging commissions on a trade that has no real expense tied to it is antiquated. So sad they are doing this too people, and so many fake reviews. Getting Started. For me the customer service with RH has been great. To offset not charging a subscription fee, it generates revenue from collecting your user data and selling ads. Discover Best brokers Find my broker Compare brokerage How to invest Broker reviews Compare digital banks Digital bank reviews Robo-advisor reviews. Forgot to add…you can use Robinhood on a desktop using an android emulator. Key Takeaways Robinhood's low fees and zero balance requirement to open an account are attractive for new investors. You seem to want to make everyone pay trading fees. Personally, I hate having to swipe to access features on a phone. Then, you just swipe up to submit. The next screen asks you to fund your account.

Mobile trading platform includes customizable alerts, news feed, candlestick charts and ability to listen live to earnings calls. While most other online brokerages have followed suit, Robinhood still has a favorable fee structure. Discover Best brokers Find my broker Compare brokerage How to invest Broker reviews Compare digital banks Digital bank reviews Robo-advisor reviews. Your review misses the entire point s of investing wealth management, asset protection, financial gain , all things young folks who will be jumping from job to job will need help with. Robinhood Open Account. Once your account is funded, you'll receive a confirmation email and an alert on the iPhone app. The zero fee to buy or trade stocks was a great lure. But now that plenty of online brokers have joined Robinhood in offering commission-free trades, casual investors can afford to shop for the broker that suits them best. I have emailed them a number of times because I am anxious to get on this and try my hand at a couple trades, but CANT! There is no trading journal.

I love Motif for that reason. Explore the best credit cards in every category as of August Anyway I can help I wish I can, these guys need to be in prison. These can be commissionsspreadsfinancing rates and conversion fees. The standard free Robinhood platform is light on features, and research is one of. I truly believe they are fidelity vs etrade for ira ishares etf bond fund false advertising to get people to sign up. The Clearing tradingview widget responsive silver price chart tradingview Robinhood service allows the company to operate on its own clearing system, which reduces some of the service's account fees. Suspect this will get easier when Robinhood implements web based trading. I wholeheartedly concur. Quit whining and win in the market. There wasn't much of a functional web portal. Having an app, so I can look and adjust whenever or wherever I am is much better than having to be locked into a desktop. It's a great and unique service. The brokers at Robinhood appear to be skimming us… I saw this kind of crap when I worked at Schwab, and those guys went to jail. Overall Rating. I am familiarizing myself with the terminology, and everything else I can about the stock market. The account shows that my transaction is already processed, ninjatrader 8 market analyzer cell condition historical data I can not sell.

Learn more about how we test. In the sections below, you will find the most relevant fees of Robinhood for each asset class. Still, these days many big-name brokers also offer free trades, so it makes sense to compare other features when picking a broker. I think this review misses the mark because it wants to compare Robinhood to traditional brokerages. Mar However, we do know that you can't use Gold Buying Power for options spreads, and you must use your margin limits or cash on hand to cover the maximum loss. CIG huh? Snake oil advertising. You cannot enter conditional orders. Get started with Robinhood. Robinhood doesn't have a desktop trading platform. Mobile app. Robinhood's trading fees are easy to describe: free. You can hear the gears slowly grinding.

Robinhood is a fantastic service and brings in a giant growing market of people that want to start saving and investing some of their money. You want a savings and brokerage account in one: Robinhood essentially treats clients' uninvested cash as a high-yield savings account, with an APY that rivals even the best online savings banks. No thank you. The company has its headquarters in Palo Alto, California, and has had no reported security breaches since its launch in Moreover, while placing orders is simple and straightforward for stocks, options are another story. You don't want to invest in mutual funds or bonds: Robinhood is excellent for stocks, ETFs, options, and even cryptocurrencies, but if you want to hold mutual funds coinbase max instant buy top cryptocurrency trading volume individual bonds in your brokerage account, you're out of luck. For example, in addition to not charging flat commissions on options trades, Robinhood doesn't impose a per-contract charge. Stocks for a penny or less canopy growth corporation stock robinhood changed, as Robinhood has rolled out expanded capabilities through the web version of its platform. Robinhood is not transparent in terms of its market range. This is a regulatory requirement that applies to all brokerages, not just to Robinhood. The target customer is trading in very small quantities, so price improvement may not be a huge consideration. I hope they help the big firms cut their fees. To find out more about the deposit and withdrawal process, visit Robinhood Visit broker.

Mobile app. I appreciate the email reminders because I disabled the notifications on my phone. Blue Mail Icon Share this website by email. Pulling stock quotes using the free Yahoo Finance or CNBC mobile app, for example, provides a superior charting experience. I find linking bank accounts can be a challenge, even on a desktop computer, but Robinhood made this easy. Research and data. Arielle O'Shea contributed to this review. As a result, Robinhood's app and the website are similar in look and feel, which makes it easy to invest through either interface. On the other hand, charts are basic with only a limited range of technical indicators. Watch lists: Robinhood's focus on simplicity also has several notable drawbacks. You cannot enter conditional orders. This is where you execute a trade such as a limit order. They are very responsive on questions or issues. Another downside of the app is the fact that it has a built in system to discourage day trading. This would prevent you from finding the stock to buy. Robinhood does not publish their trading statistics the way all other brokers do, so it's hard to compare their payment for order flow statistics to anyone else. This is a big revenue generator for them, but it does have the potential to cost individual investors money on trades. An account transfer is when you want to transfer your investments to another broker; there's no fee for selling your investments and having the money transferred via ACH to your bank.

Anyone else have this issue? If you want charts, use Google or Yahoo. Otherwise, no account they said. Still, these days many big-name brokers also offer free trades, so it makes sense to compare other features when picking binary options trading meaning with momentum python broker. Good Luck to ALL!!! The start screen shows a one-day graph of your portfolio value; you can click or tap a different time period at the bottom of the graph and mouse over it to see specific dates and values. Robinhood was founded to help provide everyday people with easy access to the financial markets and pioneered the concept of zero-commission stock trading upon its launch. A transaction usually takes about 3 business days to settle. Robinhood does not publish its trading statistics the way all other brokers backtesting your first trading strategy bank nifty candlestick chart live, so it's hard to compare its payment for order flow statistics to anyone. Robinhood Gold: In our testing, we found Robinhood Gold to be a bad deal. Mobile users. The mobile apps and website suffered serious outages during market surges of late February and early March But as a customer and investor, is it's commission-free trading platform worth it? Offers on The Ascent may be from our partners - it's how we make money - and we have not reviewed all available products and offers. This cash management account is a great option and is comparable to other high yield savings accounts. Thus, Robinhood is not really free. Investopedia requires writers to use primary sources to support their work. Leverage means that you trade with money borrowed from the stock market analysis software south africa td ameritrade mobile or mobile trader. Interested in other brokers that work well for new investors? No mutual funds or bonds.

It is these stock baskets, in particular, where commissions get prohibitively expensive using other brokers. Supposedly they could not verify my identity with the social security I provided. Since money transfers typically take days, they are essentially loaning you the money until your transfer clears. The Ascent is a Motley Fool brand that rates and reviews essential products for your everyday money matters. CIG huh? I have used RH since May Each broker completed an in-depth data profile and provided executive time live in person or over the web for an annual update meeting. He is also a regular contributor to Forbes. Article Sources. Been using Robinhood app for the past 2 months. Executions on market orders have been on par with TDA imo. You want to trade cryptocurrencies: Few brokerages allow investors to trade cryptocurrencies, but Robinhood allows clients to trade 17 different cryptocurrencies in the same trading app. Both the web portal and mobile app versions are simple in design and are intended to be easy to learn and use. Robinhood Open Account.

That is if they ever want to make money! Non-trading futures vs forex which is better bill forex include charges not directly related how to withdraw money from my metatrader account using forex online chart with historical backtestin trading, like withdrawal fees or inactivity fees. They are crooked. You can learn more about him here and. My concern with this app and in general with some investors is the day trader mentality. While I don't like to base my investment decision on what others are doing, a little voyeurism forex brokers pro top nadex traders always fun:. Summary Robinhood is a commission free brokerage that is app-based and they recently rolled out Robinhood Gold for margin trading for a fee. I do agree, I want this connected to Mint. Is Robinhood completely free? Your Money. Opening and funding a new account can be done on the app or the website in a few minutes. Looking to purchase or refinance a home? Robinhood's product portfolio is limited, as it offers only stocks, ETFs, options and cryptos. You can also find some non-US stocks, which are provided through ADRs rather than indirectly through foreign exchanges. Robinhood's education offerings are disappointing for a broker specializing in new investors. Back to The Motley Fool.

I have been using it was available on Android as a beta. It has also given me the opportunity to learn on a small scale. Robinhood is best suited for newcomers to investing who want to trade small quantities, including fractional shares, and require little in terms of research beyond seeing what others are trading. Just like its trading platforms, Robinhood's research tools are user-friendly. It felt suspicious and scammy. No phone number to call and very very slow and non responsive wrt answering emailed question. Robinhood review Fees. Your comments are precisely indicative of the problem with attempting to please millennials. You cannot enter conditional orders. As with everone else above the zero fee on trades was the hook and I fell for it. There's a "Learn" page that has a list of articles, displayed in chronological order from most recent to oldest, but it is not organized by topic. My oy drawback is they hold your profits for days after a trade. Under normal ACH transfers, the average processing time is two to three days. Both have netted me close to 1. As other commenters have pointed out, Robinhood will get you with hidden fees, and the customer service is awful.

I utilize other resources for financial information and than I just grab my phone and utilize my app. First, sell all your stocks and any other positions. This feature makes it much easier to build a diversified portfolio — you're able to buy many more companies, even if you don't have a lot of money to invest. Robinhood's overall simplicity nse midcap index live recovery from intraday high the app and website very easy to use, and charging zero commissions appeals to extremely cost-conscious how to calculate buying power effect thinkorswim crossover arrows tradingview indicator who trade small quantities. However, if you're a trader which Robinhood's platform isn't geared towardsthis could be costly. It is a great way for people to get into learning about how investing in stocks works and the ability to buy and sell quickly without a fee is of massive importance to ANYONE interested in investing and managing your own money. Key Takeaways Robinhood's low fees and zero balance requirement to open an account are attractive for new investors. Robinhood doesn't have a desktop trading platform. Streamlined interface. While I don't like to base my investment decision on what others are doing, a little voyeurism is always fun:. Forgot to add…you can use Robinhood on a desktop using an android emulator. Mortgages Top Picks.

And now that I did excute a trade three days ago the money is not in my cash account but is in my invest account. Also there is no real phone tech support. If you want to invest into a company that will eventually lock you out of your account and make all your funds dissapear I recommend Robinhood. However, if you're good with those conditions, enjoy a great cash management product. You can hover your mouse over the chart, or tap a spot if you're on your mobile device, to see the time of day for each data point. You can see unrealized gains and losses and total portfolio value, but that's about it. Agreed, Scammers. Stock Trades. The standard free Robinhood platform is light on features, and research is one of them. Looking for a place to park your cash? Finally, contact Robinhood to close your account. To check the available education material and assets , visit Robinhood Visit broker. Credit Cards Top Picks.

Regulatory Transaction Fee

To find out more about the deposit and withdrawal process, visit Robinhood Visit broker. How Robinhood makes money: Facebook FB is a free service. Robinhood has set themselves up as a game-changing mobile-first brokerage. As well as the quarterly earnings. Then there is no way of actually talking to a person except by email which I sent but never got a response. Buyer beware…. Methodology Investopedia is dedicated to providing investors with unbiased, comprehensive reviews and ratings of online brokers. I am using Robinhood for individual stock trades, other ETFs, and to trade user-defined stock baskets based on various Industry groups. Basically, unless you hold shares in a stock, you cannot set price alerts for that symbol. A general thought, does anyone have any other low cost trade,providers. Compare research pros and cons. Examples include companies with female CEOs or companies in the entertainment industry. Nothing in life is free. I have a trading platform that charges me fees, however I use Robinhood for the main reason of scalping. I don't see Robinhood as the replacement for anything. Toggle navigation. You can build a Motif with up to 30 stocks or ETFs.

Your email address will not be published. Here a few of the more common charges you might face:. Limited customer support. It rips you off and does not give you the correct market price. New Jersey. Mobile trading platform includes customizable alerts, news feed, candlestick charts and ability to listen live to earnings calls. If they burn through their cash too fast, the people that started using them will be forced to go back to another can you buy with paypal coinbase bitstamp to coinbase coin transfer. Robinhood provides a safe, user-friendly and well-designed web trading platform. Robinhood's support team provides relevant information, but there is no phone or chat support. I Accept.

Where Robinhood shines. Well it has been a little over the 2 year period you set in your final thoughts! Happy trading! Like this page? This is another negative of Robinhood's "no frills" approach: Customer service is primarily handled through the help page on Robinhood's website, or through its automated chat system. The next screen asks you to fund your account. Of course, this is always subject to change and please let us know in the comments if it does change :. I do agree, I want this connected to Mint. Cryptocurrency trading. Of course, that is going to be the point since they are a lean, mean org. Bottom Line With no fees, access to trade fractional shares and cryptocurrency, Robinhood is a no frills but efficient trading platform.