Commission-free Stock Trading & Investing App | Robinhood

Make the most of your money with Robinhood Gold

Your first 30 days are free, then a subscription fee applies. Take your money to the next level with our membership program, featuring the best value on our most powerful investing tools.
Upgrade to Gold
8x the national average savings rate*

5% APY on idle cash

Earn while you sleep

Your money is FDIC-insured up to $2.25M at partner banks. No cap on earnings, withdraw or invest your money at any time.

*As of Nov 2, 2023 based on data from Bankrate. Terms apply. Rate subject to change.
5% APY on idle cash

Do the math, a $10,000 balance of uninvested cash earns you:

ROBINHOOD GOLD (5% APY)
NATIONAL AVERAGE SAVINGS RATE (0.6% APY)
5% APY on idle cash
APYs as of Nov 15, 2023. This calculation assumes that the balance and rate do not change for a full year. This calculation does not include the subscription fee.
APYs as of Nov 15, 2023. This calculation assumes that the balance and rate do not change for a full year. This calculation does not include the subscription fee.

3% IRA matching

On every dollar, each year

Earn 3% IRA matching on every eligible dollar contributed, each year. We can help you choose a portfolio or you can build your own.
Limitations apply. Must be subscribed to Gold for 1 year after your contribution to keep the full 3% match. Learn more about Robinhood Retirement.
3% IRA matching

$50K instant deposits

Move as fast as you like

You can act on golden opportunities and react to the market faster with instant access up to $50,000 per day.
$50K instant deposits

Nasdaq Level 2 data and Morningstar insights

Dig into deeper research to keep up with the market, pro reports, and trends (Morningstar normally $249/year).
Nasdaq Level 2 data and Morningstar insights

Lower 8% margin rate boosts your buying power

Your first $1K of margin borrowing is free, then it's only 8% for any further amount (12% without Gold).
Margin offered though Robinhood Financial.
Lower 8% margin rate boosts your buying power
Get to know all the benefits of Gold
How is Robinhood able to offer 8x the national savings average? How does it work?

We're always looking for ways to help our customers make their money work for them. We leverage a network of partner banks to offer you a competitive APY on your uninvested cash.

Once you have Gold, all you need to do is opt in to the brokerage cash sweep to have your uninvested brokerage account cash automatically “swept,” or moved, into deposit accounts at a network of program banks to earn interest.

How can you give 9x the FDIC insurance of a standard bank s $250K?

That's easy...we've got 12 partner banks so you can enjoy a combined coverage of up to $2.25 million FDIC insurance across all of them.

How do I earn the 3% IRA Match and when is it paid out?

You can earn the 3% match on all new IRA contributions, up to the contribution limit.

The IRA Match will generally be available in your account and ready to invest when your deposits are completed. You must stay subscribed for Gold for one year in order to keep the 3% deposit match. See the IRA Match FAQ for more details about how it works.

Is there a limit on how much interest I can earn?

Nope! There is no cap or max on how much interest you can earn.

Is it hard to withdraw my cash? How long does it take to get it out?

It's your money, you can access your money whenever you want. Bank transfers can take up to 4-5 days or you can choose the instant withdrawal option for a 1.5% fee.

How quickly can I move my money from earning interest to making an investment?

Instantly! Your uninvested cash can be used to invest at any time to purchase assets in your brokerage account or IRA.

How is this different from a savings account?

Cash sweeps provide a way to ensure your money is not sitting idly in your brokerage account when it could be earning interest at a bank. With Robinhood Gold, your uninvested cash earns interest in bank deposit accounts at our network of partner banks. Interest is paid out monthly.

How do I pay for Gold?

​​Your brokerage account will be charged the monthly subscription fee every 30 days at the beginning of each billing cycle. Try Gold for free for your first 30 days.

Make the most of your money with Gold

Upgrade to Gold
PARTICIPATION IS POWER™

All investing involves risk.

Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker dealer (member SIPC) and clearing services through Robinhood Securities, LLC, (“RHS”) a registered broker dealer (member SIPC). Cryptocurrency services are offered through Robinhood Crypto, LLC (“RHC”) (NMLS ID: 1702840). The Robinhood Money spending account is offered through Robinhood Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard® International Incorporated. RHF, RHY, RHC and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC and RHS are not banks. Securities products offered by RHF are not FDIC insured and involve risk, including possible loss of principal. Cryptocurrencies held in RHC accounts are not covered by FDIC or SIPC protections and are not regulated by FINRA. RHY products are not subject to SIPC coverage but funds held in the Robinhood Money spending account and Robinhood Cash Card account may be eligible for FDIC pass-through insurance (see the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement).

Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.

Commission-free trading of stocks, ETFs and options refers to $0 commissions for Robinhood Financial self-directed individual cash or margin brokerage accounts that trade U.S. listed securities and certain OTC securities electronically. Keep in mind, other fees such as trading (non-commission) fees, Gold subscription fees, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Robinhood Financial's Fee Schedule to learn more.

Robinhood, 85 Willow Road, Menlo Park, CA 94025.

© 2024 Robinhood. All rights reserved.
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All investing involves risk.

Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker dealer (member SIPC) and clearing services through Robinhood Securities, LLC, (“RHS”) a registered broker dealer (member SIPC). Cryptocurrency services are offered through Robinhood Crypto, LLC (“RHC”) (NMLS ID: 1702840). The Robinhood Money spending account is offered through Robinhood Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard® International Incorporated. RHF, RHY, RHC and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC and RHS are not banks. Securities products offered by RHF are not FDIC insured and involve risk, including possible loss of principal. Cryptocurrencies held in RHC accounts are not covered by FDIC or SIPC protections and are not regulated by FINRA. RHY products are not subject to SIPC coverage but funds held in the Robinhood Money spending account and Robinhood Cash Card account may be eligible for FDIC pass-through insurance (see the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement).

Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.

Commission-free trading of stocks, ETFs and options refers to $0 commissions for Robinhood Financial self-directed individual cash or margin brokerage accounts that trade U.S. listed securities and certain OTC securities electronically. Keep in mind, other fees such as trading (non-commission) fees, Gold subscription fees, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Robinhood Financial's Fee Schedule to learn more.

Robinhood, 85 Willow Road, Menlo Park, CA 94025.

© 2024 Robinhood. All rights reserved.