8/17/2023 0 Comments Binance vs coinbase pro![]() Robinhood's virtual library provides a variety of financial research on investing, options trading, and more. It provides account tools like a recommended portfolio builder and SIPC account protection up to $500,000. IRA accounts offer $0 trading commissions and a 1% match on every dollar you contribute (with no cap). Robinhood charges $0 for options contracts (most brokerages charge $0.65 per options contract). But this membership includes cash management perks, fractional shares, American depositary receipts (ADRs), access to Morningstar professional research, market data from Nasdaq, and instant deposits. If you're planning to use Robinhood Gold, know that it has a $5 monthly fee. In order to open a margin account, you must be a Robinhood Gold member and meet a $2,000 account minimum. Retirement accounts (traditional IRAs and Roth IRAs).Robinhood currently has 18 digital assets for trading, including bitcoin, ether, dogecoin, and more. There's no minimum to open an individual brokerage account, but you will need at least $1 to access trading for fractional shares and crypto trading. ![]() ![]() Robinhood mainly offers stocks, options, ETFs, ADRs, IPOs, and cryptocurrencies.
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