If you're a retail investor and are not familiar with 𝗥𝗢𝗕𝗜𝗡𝗛𝗢𝗢𝗗 𝗟𝗢𝗚𝗜𝗡, it's a free stock trading app that lets you buy and sell stocks without any fees. It also has no transaction minimums or account minimums. You can trade as little as $5 per trade on most stocks.

The company has built out a robust ecosystem around its service and is working hard to gain market share in the digital broker space. In addition to offering free trades for retail investors, 𝗥𝗢𝗕𝗜𝗡𝗛𝗢𝗢𝗗 𝗟𝗢𝗚𝗜𝗡offers commission-free options trading products for high-frequency traders (HFTs).

𝗥𝗢𝗕𝗜𝗡𝗛𝗢𝗢𝗗 𝗟𝗢𝗚𝗜𝗡 recently announced an expansion of its commission-free trading platform to include ETFs, which would give it some real competition against other mobile platforms like E-Trade Financial and Scottrade Stock Trading. But it's still unclear how much demand there will be for this feature if it's offered by just one brokerage firm — especially when there are already plenty of brokers who offer it as an option on their own platforms.

𝗥𝗢𝗕𝗜𝗡𝗛𝗢𝗢𝗗 𝗟𝗢𝗚𝗜𝗡 is the easiest way to invest in the stock market. With 𝗥𝗢𝗕𝗜𝗡𝗛𝗢𝗢𝗗 𝗟𝗢𝗚𝗜𝗡you can buy and sell stocks, ETFs, options and cryptocurrencies—all commission-free trading.

Robinhood is a registered investment advisor. That means that Robinhood is regulated by the Securities and Exchange Commission (SEC) under Investment Advisors Act of 1940 as well as other state securities regulators.

𝗥𝗢𝗕𝗜𝗡𝗛𝗢𝗢𝗗 𝗟𝗢𝗚𝗜𝗡 supports transactions across all major U.S. stock exchanges including NYSE, Nasdaq and BATS.

Accounts are free for personal use only; $5 per month for an account for your own brokerage business or family; $4 per month for an account for your employee benefit plan or retirement plan; $10 per month for an account for your corporation or other entity; $1 per month for an account to manage a charity or non-profit organization; $20 per month for an account to manage a trust or estate (including minor accounts); $50 per year to manage a retirement plan (including rollover accounts).