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Need access to monthly account statements or tax forms? They’re conveniently labeled and downloadable through Robinhood’s documents tab. Navigating other areas of Robinhood’s site is just as easy. Robinhood’s streamlined interface lets you see a snapshot of recent performance and current market price before you make a purchase. $0 to $2,000, depending on account type and if you choose to trade on margin Find out more about Robinhood Crypto below.īeginner-oriented offers few tools but easy navigationįully operational mirrors desktop web-trading platform
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The app mirrors the full functionality of the desktop platform and it also adds candlestick charting options not available online. Intuitive and responsive mobile app: Robinhood has one of the most well-designed mobile apps of any brokerage.Combined with the broker’s new fractional share feature, Robinhood is a great option for new traders who only have a small amount of money to invest. Other than that, there’s a $0 minimum required balance for standard accounts. However, not all Gold users trade on margin and therefore don’t need to meet that requirement.
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Robinhood makes investing and money management stupidly simple, which is one of many reasons it has drawn so many users. Winner of Benzinga’s 2021 Fintech Awards for Best Brokerage for Beginners Why Robinhood Over Others?