- Robinhood has an average rating on Good Money Guide as a simple, low-cost investing app aimed at beginners.
- Experts highlight its commission-free trading, low FX fees and ability to trade thousands of US stocks (including fractional shares) 24 hours a day.
Robinhood Customer Reviews
Tell us what you think of this provider.
Someone in Robinhood stole £20,000 from me.
On September 25th ‘25 I set up a Robinhood account as advised by Zoey of Capital Trust Wealth Management.
It’s important to say here that I did exactly and only what I was told to do by Robinhood. I set up an inter bank transfer with my bank and made two transfers, one of £2000 and another of £20,000. The £2000 went through without a hitch, I was trading with it. The £20,000 never arrived. I phoned Robinhood and was told that it would work if I put the money into JPMorgan-Chase account number 066628636. He was right, but that money has gone into his account, not mine. This is a case of straight theft.
Don’t mess with Robinhood.
4/5
Pros:
accessibility, fees
2/5
3/5
Pros:
Forex
1/5
Pros:
jsp
Cons:
jsp
4/5
Pros:
EASY INTERACTION.
Cons:
MORE INVESTMENT TOOLS.
5/5
3/5
Pros:
Stocks
Cons:
nothing
3/5
3/5
Pros:
commission-free stock trades
Cons:
work on user friendly navigation
5/5
4/5
1/5
Pros:
Easy to use app
Cons:
Get regulated
2/5
3/5
Pros:
low cost
3/5
5/5
Pros:
User Interface
Cons:
Add more details to their user interface
3/5
Pros:
it’s free
2/5
Pros:
Nothing
Cons:
Not sure
3/5
Robinhood Expert Review
Robinhood Expert Ratings
Provider: Robinhood
Verdict: Robinhood is a zero-commission trading app launched in 2013 that lets UK investors buy and sell around 6,000 US shares 24 hours a day with as little as $1 through fractional shares.
Summary:
Overall, we rate Robinhood as a good investing app, although it is let down by not providing access to UK shares.
– Pricing: Excellent – Zero commission and GBPUSD fx rates of 0.1%
– Market Access: Pretty good coverage of US stocks, but you can’t trade UK shares, and there is no pension. A stocks and shares ISA and options trading for UK investors has recently been introduced.
– Platform & Apps: Very slick app, and the desktop portal is good enough. The Ledgend platform is excellent for active investing,
– Customer Service: You can chat on the app or online, and there is a helpful FAQ section.
– Research & Analysis: Limited to some technical indicators and news.
Pros
- Zero commission trading
- Very good exchange rates
- 24 hours investing
Cons
- No UK shares
- No SIPP/pension
- Pricing (5)
- Market Access (3.5)
- App & Platform (5)
- Customer Service (4.5)
- Research & Analysis (4)
Overall
4.4
Robinhood Launches Stocks & Shares ISA in the UK With 2% Cash Bonus Offer
Robinhood has launched a new stocks & shares ISA for UK investors, aiming to bring its low-cost, app-first investing model to one of Britain’s most popular tax-efficient savings products. The new Robinhood ISA combines zero platform fees, commission-free investing, low foreign exchange charges and a promotional 2% cash bonus on eligible new contributions made before
Robinhood to Acquire WonderFi in C$250 Million All-Cash Deal to Expand Crypto Reach in Canada
Robinhood Markets, Inc. is betting big on crypto and plans to acquire Canadian crypto firm WonderFi in a C$250 million all-cash transaction, marking a major push into the Canadian digital asset space. The deal values WonderFi shares at C$0.36 each, representing a 41% premium over its last closing price and 71% above its 30-day volume-weighted
Robinhood options trading comes to UK in key upgrade
Robinhood options trading has come to UK customers of the investment app. From today, Robinhood customers in the UK can now trade options on stocks and indices. The upgrade addresses the biggest disappointment the Good Money Guide had with the investment app and puts it in a much more competitive position. This is because there
Can you write naked puts/calls (sell uncovered options) at Robinhood?
No, Robinhood does not allow you to sell options on stocks you down not own as naked short put/call positions can result in significant loss. If you want to write naked option puts or calls you need a more professional US options trading platform like Interactive Brokers. However, keep in mind there are significant risks
Robinhood moves into wealth management with $300m acquisition of TradePMR
US Investing app Robinhood has targeted the wealth management sector in America with the acquisition of TradePMR. Robinhood’s move to buy a custodial and portfolio management firm for $300 million deal will enable it to market its services to registered investment advisers (RIAs), which are akin to regulated financial advisers in the UK. In the
Robinhood launches margin trading to UK customers
UK users of Robinhood will be able to borrow money from the platform to trade on margin, following an update today. Lending money to customers to trade on margin is one of the most common forms of revenue for brokers. This is another move from Robinhood, which recently launched a share lending program to try
Commission-free UK stock trading set to come to Robinhood UK
Robinhood Markets is mulling bringing commission-free UK stock trading to British users of the trading app, according to a report by Bloomberg last week. The speculation comes around six months after the California-based company launched for a second time in the UK, when it rolled out commission-free trading for more than 6,000 US-listed stocks. “We
Robinhood acquires crypto exchange Bitstamp for $200m
Robinhood, the US-headquartered commission-free brokerage has expanded its footprint with a $200 million cryptocurrency acquisition in Europe. Robinhood has acquired Bitstamp a European cryptocurrency exchange that was founded in Slovenia in 2011. The exchange offers markets in 101 instruments, that range across Cryptocurrencies, NFTs, Stablecoins and Defi Protocols. Why would Robinhood aquire Bitstamp? Bitstamp is
Robinhood launches in the UK for a second time
Commission-free investing app Robinhood has launched in the UK for the second time, having failed to gain traction in 2020. Robinhood in the UK UK investors can only buy US shares through a general investment account at the moment. Robinhood, a US-based commission-free share trading platform has a UK operation and the firm is in
Robinhood to introduce 24-hour stock and ETF trading
Online broker Robinhood is set to allow its clients to trade a range of ETFs and stocks around the clock, with the introduction of 24-hour trading at the firm. The new service will be introduced later in May and will make Robinhood the first US broker to offer this facility. 24-hour trading Twenty-four-hour trading will
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
Robinhood is an American free stock trading app. The app allows clients to invest in