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Robinhood Recurring Investments (2025)
Does Robinhood offer automatic investment plan (AIP/SIP) contributions and dollar cost averaging
program (DCA). Monthly/weekly Robinhood recurring investments in ETFs, stocks, and cryptocurrency.
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Automatic Investment Plan at Robinhood: Points to Consider
• Robinhood customers can sign up for the broker’s Automatic Investment Plan (AIP) free of charge.
• Almost any stock, ETF, or cryptocurrency at Robinhood is eligible for autopilot investing. There are a few exceptions.
• Recurring investments at Robinhood are a form of dollar-cost averaging. This theory of investing removes concerns about market swings.
If you have a brokerage account at Robinhood and want to make regular purchases of securities or cryptocurrencies, there is a method available to you already installed on the company’s website. Here’s everything you need to know to set up systematic purchases on the Robinhood platform:
Summary of Automatic Investments at Robinhood
Robinhood’s order ticket includes a recurring-investment order type on the buy side. It is not possible to establish automatic sales of anything at Robinhood. Because this feature is already integrated on the order ticket, it is not necessary to sign up for anything. There is a $1 minimum purchase amount and a $10,000 maximum for an automatic transaction for either a security or a cryptocurrency.
Eligible Assets
For a security or cryptocurrency to be eligible for Robinhood’s Automatic Investment Plan, it must have a market price of at least $1 and a market cap of at least $25 million. Other securities may be ineligible as well. These assets include:
- Inverse ETFs
- Leveraged ETFs
- Securities that don’t support fractional-shares
- Pre-IPO instruments
How to Setup Recurring Investment on Robinhood
It’s really easy to submit an order for a systematic purchase. On the website, simply head to an asset’s profile and look for the order form in the right-hand column. It’s integrated by default, so there’s really nothing to click on or pull up.
On the order ticket, click on the down arrow to generate a list of order types. Here, select Recurring Investment. Now the order ticket will have all the fields needed to set up systematic purchases (but not sales) of the asset in question.
On the order ticket, there are five fields that need to be completed:
- Amount (in dollars)
- Start date (can be in the future if desired)
- Frequency
- Payment source
- Backup payment source (if desired)
As already mentioned, the amount needs to be between $1 and $10,000. Because a whole-dollar amount is used, fractional shares will typically be created.
The start date can be any weekday through the end of next year. The payment source can be either the brokerage account’s free-cash balance or a linked bank account. The backup source can be a deposit account if the primary source is the buying power of the brokerage account. As for the frequency, there are four choices for securities:
- Every market day
- Every week
- Every two weeks
- Every month
Cryptocurrencies have the same choices except that every market day is replaced with every day (cryptos trades 365 days a year).
On the mobile app, you have to tap on a Trade button at the bottom of the screen to pull up the order ticket. The required fields are the same; they are presented page-by-page on the app. Simply go through the pages and enter the choices you want.
Robinhood groups all of its customers’ recurring investments and submits them to the exchanges during trading windows as market orders. It is not possible to alter this system at all.
Free Robinhood Account
Visit Robinhood Website
Editing a Recurring Investment at Robinhood
After an autopilot purchase schedule has been established, it’s possible to edit it on either the website or mobile app. On the latter platform, tap on the little guy in the lower-right corner. Next, hit the three horizontal bars in the upper-left and then select the Investing link. On the next page, scroll down to the recurring-investments section. Assets that have been set up for periodic purchases will appear here. It’s also possible to pull up an autopilot investment form at this point to establish recurring purchases on a security or cryptocurrency.
On the website, the same recurring-investment section will be found by clicking on the Account link in the upper-right corner and then choosing the Recurring tab on the next page.
Cost of Robinhood Recurring Investments
Robinhood charges nothing for trades of any kind, recurring or otherwise. Remember that there is a bid-ask spread on all assets, however.
Robinhood Dollar-Cost Averaging
Whole-dollar investing that is set up on a recurring schedule is a form of dollar-cost averaging, an investment creed that advocates putting everything on autopilot in hopes of taking human emotion out of the equation. Because investments of the same amount will be made on a periodic basis, there is no need to constantly watch the market. Thus, human emotions are less likely to be part of the investment experience. And because whole dollars are used, more shares are received when market prices are low.
Free Robinhood Account
Visit Robinhood Website
Updated on 2/4/2025.
Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
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