Robinhood
📍 Available in: US
★★★★ 4.4 / 5.0
Robinhood fundamentally changed retail investing. While they suffered immense reputational damage during the 2021 meme-stock craze, their app remains the most intuitive and beautifully designed trading platform on the market. With Robinhood Gold, they offer a 5.0% APY on cash and a 3% IRA match.
Pros & Cons
✓ Pros
- ✓The UI/UX is unmatched in the industry
- ✓The 3% IRA match is basically free money for retirement savers
- ✓One of the only brokers allowing massive 24/5 trading hours
✕ Cons
- ✕Heavy reliance on PFOF means you might get slightly worse execution prices
- ✕Customer service is notoriously hard to reach in emergencies
Key Features
3% IRA Match (with Gold)24-Hour Market TradingOptions Trading with $0 contract feesIntegrated Crypto Wallet