What’s Robinhood Gold?
Robinhood Gold is a suite of powerful tools, data, and features designed to take your investing to the next level. With Gold, you can get access to four premium features:
Bigger Instant Deposits*
Professional research from Morningstar
Level II market data from Nasdaq
Access to margin investing**
You can try Gold for free for the first 30 days (the $5 monthly fee will be waived). If you choose to use margin investing during your trial period, you’ll still be charged 2.5% yearly interest on any amount you borrow over $1,000.
*Bigger Instant Deposits are only available if your Instant Deposits status is in good standing.
**Margin investing is an optional Gold feature. Not all investors will be eligible to invest on margin.
For $5 a month, you get access to Gold’s premium features, and your first $1,000 of margin is included. After your free trial ends, you will begin your first 30-day billing cycle. You will be charged $5 at the beginning of each billing cycle.
If you invest on margin, you’ll pay 2.5% yearly interest on the amount you use over $1,000. Your interest is calculated daily and charged to your account at the end of each billing cycle.
If the Gold fee or margin interest rate changes, we will notify you 30 days in advance so that you have the opportunity to cancel your subscription.
Yes! We’ve built Robinhood Gold to be for every investor, whether or not you want to invest on margin. You can choose to not enable margin investing when you sign up for Robinhood Gold and use all of the other premium features.
Please note that if you are approved for options trading, margin may be required to satisfy exercise or assignment, even if you have the Robinhood Gold Margin Investing feature turned off.
Yes! You can invest and trade commission-free on Robinhood whether or not you’re a Gold subscriber. Keep in mind that other fees such as trading (non-commission) fees and paper statement fees may apply to your brokerage account. Please see Robinhood Financial’s Fee Schedule to learn more.
You can end your Robinhood Gold subscription in the Robinhood Gold section of your account settings. Learn more
All investments involve risk. Robinhood Gold is offered through Robinhood Financial LLC. For more information, see the Robinhood Gold User Agreement.
Not all investors will be eligible to trade on margin. Margin involves the risk of greater investment losses. Additional interest charges may apply depending on the amount of margin used. Before using margin, customers must determine whether this type of strategy is right for them given their investment objectives and risk tolerance.
For more information, please see FINRA’s Investor Alert and Robinhood Financial’s Customer Relationship Summary, Margin Disclosure Statement, and Margin Agreement. These disclosures contain important information on Robinhood Financial’s products and services, conflicts of interests, lending policies, interest charges, and the risks associated with margin investing enabled accounts.
The margin interest rate charged by Robinhood Financial is 2.5% as of December 21, 2020. The rate might change at any time and at Robinhood Financial’s discretion.
Morningstar is not affiliated with Robinhood Markets, Inc. or its subsidiaries.
Robinhood Financial LLC (member SIPC), is a registered broker dealer. Robinhood Securities, LLC (member SIPC), provides brokerage clearing services. Robinhood Crypto, LLC provides crypto currency trading. All are subsidiaries of Robinhood Markets, Inc. (‘Robinhood’).