Robinhood Review (September 2026)
Verdict: People who already invest in stocks on Robinhood and want small crypto positions in the same app. Not ideal for anyone who wants to see an explicit fee on every trade, or a very long coin list.
Robinhood lets US customers trade crypto next to stocks. Casual app trades have no commission; the cost sits in the spread.
- Taker fee (entry tier)
- 0%
- Cost of a $1,000 buy
- $6.00
- Assets
- Dozens of assets (list varies by state)
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Robinhood fees
No commission on standard app trades, but a spread is built into the price (publicly reported at roughly 0.35–0.85% for BTC and ETH in 2026). Advanced tools such as Robinhood Legend use volume-tiered fees instead.
- Maker fee
- 0%
- Taker fee
- 0%
- USD deposit
- Free by bank transfer
- BTC withdrawal
- Network fee (shown before you confirm)
- ETH withdrawal
- Network fee (shown before you confirm)
- USD withdrawal
- Varies by method
What a $100 and $1,000 buy cost on Robinhood
Robinhood app, standard market buy. No commission. We model a 0.60% spread, the middle of the 0.35–0.85% range reported for 2026. The real spread varies with market conditions.
| Buy | Fee | Spread | Flat fee | Total cost |
|---|---|---|---|---|
| $100 | $0.00 | $0.60 | $0.00 | $0.60 (0.6%) |
| $1,000 | $0.00 | $6.00 | $0.00 | $6.00 (0.6%) |
Excludes withdrawal network fees. See how every exchange compares in the cost comparison.
Pros and cons
Pros
- No commission on standard crypto trades
- Stocks, ETFs and crypto in one app
- ETH and SOL staking in most US states since July 2025
- Can withdraw crypto to your own wallet
Cons
- Spread-based pricing hides the real cost
- Smaller coin selection than crypto-only exchanges
- Paid a $30M New York DFS penalty in 2022 over crypto compliance failings
- Past outages during high volatility
Features and availability
- Spot trading: yes
- Margin trading: no
- Futures: yes
- Staking: yes
- Lend out your crypto: no
- Debit card: yes
- Rewards / Earn: no
- NFT marketplace: no
- Advanced charts: yes
- API access: yes
Availability: US (coin list varies by state), plus the EU through Robinhood Crypto EU. ETH/SOL staking is not offered in several states, including CA, MD, NJ and WI.
Fiat currencies: USD
Our editorial score: 7/10
An editorial judgement against our published methodology, not a user rating. Sponsorship does not affect it.
- Regulation
- 2/3
- Security record
- 2/3
- Transparency
- 2/2
- Cost clarity
- 1/2
Robinhood vs Binance.US
| Feature | Robinhood | Binance.US |
|---|---|---|
| Editorial score | 7/10 | 6/10 |
| Maker / taker fee | 0% / 0% | 0% / 0.02% |
| Modelled cost of a $100 buy | $0.60 (0.6%) | $0.12 (0.12%) |
| Modelled cost of a $1,000 buy | $6.00 (0.6%) | $1.20 (0.12%) |
| How the buy is priced | Robinhood app, standard market buy | Binance.US market order |
| Assets | Dozens of assets (list varies by state) | 150+ assets |
| Headquarters | United States | United States |
| Founded | 2013 | 2019 |
| Staking | Yes | Yes |
| Margin / futures | No / Yes | No / No |
| Debit card | Yes | No |
| Availability | US (coin list varies by state), plus the EU through Robinhood Crypto EU. ETH/SOL staking is not offered in several states, including CA, MD, NJ and WI. | US only, and not in every state. Check the Binance.US state list before signing up. |
| Best for | People who already invest in stocks on Robinhood and want small crypto positions in the same app. | Cost-sensitive US traders in supported states who place their own limit orders. |
Shaded rows differ. Read the full Binance.US review.
Robinhood FAQ
Is Robinhood safe?
Robinhood gets 7/10 on our editorial score (regulation 2/3, security 2/3, transparency 2/2, cost clarity 1/2). Worth knowing: Paid a $30M New York DFS penalty in 2022 over crypto compliance failings. No exchange is as safe as holding your own keys, so move savings to a hardware wallet.
What are Robinhood's fees?
No commission on standard app trades, but a spread is built into the price (publicly reported at roughly 0.35–0.85% for BTC and ETH in 2026). Advanced tools such as Robinhood Legend use volume-tiered fees instead. In our model a $100 buy costs about $0.60 and a $1,000 buy about $6.00 (robinhood app, standard market buy), before withdrawal network fees.
Is Robinhood available in my state or country?
US (coin list varies by state), plus the EU through Robinhood Crypto EU. ETH/SOL staking is not offered in several states, including CA, MD, NJ and WI.
Who is Robinhood best for?
People who already invest in stocks on Robinhood and want small crypto positions in the same app. It is not ideal for: anyone who wants to see an explicit fee on every trade, or a very long coin list.
Sources
Facts on this page were checked on against these public pages. Fees and product lineups change often; always confirm on the provider's own site.
Reader reviews
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Information only, not financial advice. Facts checked Sep 23, 2026.