
Robinhood is a commission-free trading platform enabling users to invest in stocks, ETFs, options, and cryptocurrencies.
Robinhood Markets, Inc. is a financial services company that pioneered commission-free stock and cryptocurrency trading for retail investors. Robinhood aims to democratize finance and make investing accessible to everyone. With a user-friendly, mobile-first app and transparent pricing, Robinhood has become popular among young and first-time investors seeking an easy way to access financial markets. The company continues to innovate, offering fractional shares, real-time trading, and educational resources while navigating regulatory changes and increased competition.
competitors.competitorDetail.metrics.missionStatement
We’re on a mission to democratize finance for all.
competitors.competitorDetail.metrics.visionStatement
To become the most trusted, accessible, and dynamic financial services company globally, empowering everyone to participate in the financial system.
competitors.competitorDetail.metrics.foundedYear
2013
competitors.competitorDetail.metrics.ceo
Vladimir Tenev
competitors.competitorDetail.metrics.employees
1,200+
competitors.competitorDetail.metrics.revenue
$1.87B (2023)
competitors.competitorDetail.metrics.headquarters
85 Willow Road, Menlo Park, CA 94025
competitors.competitorDetail.metrics.marketShare
~13% of U.S. app-based brokerage accounts
competitors.competitorDetail.metrics.usp
No-commission trading, accessible platform, and cryptocurrency trading for everyday investors.
competitors.competitorDetail.metrics.pricingModel
Commission-free; Premium with Robinhood Gold ($5/month)
- Robinhood Brokerage
- Robinhood Crypto
- Robinhood Retirement (IRA accounts)
- Robinhood Gold (premium subscription)
- React Native
- Python
- Kubernetes
- AWS
- Kafka
- PostgreSQL
competitors.competitorDetail.metrics.marketPositioning
Value disruptor in retail brokerage, targeting new and younger investors with simplicity and zero commission.
- Young retail investors
- First-time stock investors
- Crypto-curious consumers
- Tech-savvy individuals
- Direct-to-consumer mobile app
- Web platform
- Referral programs
- Social media campaigns
- Influencer partnerships
- Educational content
- Brand ambassador initiatives
- Nasdaq (Market Data Partnership)
- Plaid (Bank Linking / API Integration)
- Commission-free trading
- Access to stocks, ETFs, options, and crypto
- Fractional shares
- Instant deposits
- Cash management account
- User-friendly mobile app
- Commission-free trades
- Access to stocks, ETFs, options, and cryptocurrencies
- Strong brand recognition among Millennials and Gen Z
- Fractional equities trading
- Limited customer service options
- Has faced regulatory scrutiny
- Fewer advanced trading tools than some competitors
- Outages during periods of high volatility
- Expanding into retirement products
- International market expansion
- Broadening financial education resources
- Partnerships with fintech platforms
- Increasing regulatory pressure
- Competition from legacy brokers and new fintechs
- Market volatility impacting user confidence
- Risks related to cryptocurrency markets
competitors.competitorDetail.metrics.growthRateYOY
15% (2023)
competitors.competitorDetail.metrics.profitMargin
14%
competitors.competitorDetail.metrics.customerAcquisitionCost
$20 - $60 per account
competitors.competitorDetail.metrics.customerLifetimeValue
$100 - $250
competitors.competitorDetail.metrics.churnRate
4% monthly
competitors.competitorDetail.metrics.fundingStage | competitors.competitorDetail.metrics.fundingAmount | competitors.competitorDetail.metrics.fundingDate |
---|---|---|
Seed | $3M | 2013-04-01 |
Series A | $13M | 2014-09-23 |
Series C | $110M | 2017-04-26 |
IPO | $2.1B | 2021-07-29 |
- Mission-driven
- Focus on access and inclusivity
- Emphasis on transparency
- Fast-paced work environment
- Remote-friendly policies
- Forbes Fintech 50 (2021) - Forbes
- Fast Company's Most Innovative Companies (2022) - Fast Company
competitors.competitorDetail.reviews.title | competitors.competitorDetail.reviews.rating | competitors.competitorDetail.reviews.viewAll |
---|---|---|
Trustpilot | 3.3/5 | 4800 |
App Store | 4.2/5 | 575000 |
competitors.competitorDetail.news.title | competitors.competitorDetail.news.publishedOn | competitors.competitorDetail.news.readMore |
---|---|---|
Robinhood to acquire Bitstamp in $200m deal, furthering push into crypto | 2024-06-06 | CNBC |
Robinhood launches 24-Hour Market for select stocks | 2023-05-17 | Robinhood Newsroom |