Margin risk disclosures

Get instant access to $5K-$50K when you make a deposit, depending on your brokerage account balance and status.

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Access around 1,700 in-depth stock research reports produced by Morningstar, an independent investment research company.

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View real-time bids and asks for any given security on Nasdaq to better determine the demand for a stock or ETF at a certain price.

Level II Market Data

If eligible, you can borrow money at a 5% interest rate (9% without Gold) Respond to potential opportunities in the market with more buying power. You can invest more, but you can also lose more in a down market.

Margin Investing at 4.25%

Access research reports and advanced market data, get bigger instant deposits, and borrow money at a 5% interest rate if eligible—all for $5 per month.


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Commissions & Free Stock Disclosures

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Earn 1.00% APY* on your uninvested brokerage cash and get more flexibility with your brokerage account.

Fractional shares are illiquid outside of Robinhood and not transferable. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see our [Customer Agreement](https://cdn.robinhood.com/assets/robinhood/legal/Addendum%20$FINRA%201-28-20$.pdf "Customer Agreement") related to fractional shares.

Fractional Shares Disclosure

Get in at the IPO price. Now, you can become one of the first public investors in upcoming IPOs.

IPOs can be risky and speculative investments, and may not be appropriate for every investor. [Learn More](https://cdn.robinhood.com/assets/robinhood/legal/initial-public-offering-risk-disclosures.pdf)

Not intended as investment advice or a recommendation.

Robinhood Financial LLC.

IPO Access Disclosure 

No minimum account balances or special status requirements.

It's your turn

Request shares in new companies before their stock starts trading on public exchanges.

Be one of the first

While IPO shares are limited, IPO Access gives you the same opportunity to invest, regardless of order size or account value.