You will have to pay interest on this borrowed money. This can be a significant proportion of your trading costs.

This basically means that you borrow money or stocks from your broker to trade. A margin rate is charged when you trade on margin. If you want to trade stocks on margin, you'll need to open a Gold account. In addition to US stocks and ETFs, you can also trade several foreign stocks through ADRs. ADRs incur small custody fees (usually 1 to 3 cents per share) that get passed on to customers. Robinhood stock and ETF commission of a $2,000 trade Stock fees and ETF feesĪt Robinhood, you can trade US stocks (and ETFs) free of charge, which undeniably saves you a lot of money. Robinhood trading feesĭoes Robinhood have fees? Robinhood charges zero commission for US stock, options and crypto trading. However, Robinhood provides further services which are not free of charge. To have a clear overview of Robinhood, let's start with the trading fees. See a more detailed rundown of Robinhood alternatives. This selection is based on objective factors such as products offered, client profile, fee structure, etc. We also compared Robinhood's fees with those of two similar brokers we selected, SoFi Invest and Webull. For example, in the case of stock investing the most important fees are commissions. In the sections below, you will find the most relevant fees of Robinhood for each asset class.

Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.

These can be commissions, spreads, financing rates and conversion fees. What you need to keep an eye on are trading fees and non-trading fees. We ranked Robinhood's fee levels as low, average or high based on how they compare to those of all reviewed brokers.įirst, let's go over some basic terms related to broker fees.

Commission-free US stock and ETF trading.

The broker doesn't charge an inactivity or withdrawal fee. Trading US stocks and ETFs is free at Robinhood.

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