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Robinhood Fees Schedule in 2025
Robinhood fees schedule, hidden commissions, broker stock trading cost, annual and
inactivity charges, online investing account pricing, and cash sweep rates.
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Robinhood Commissions
| Investments | Commissions |
|---|
| US Listed and OTC Securities | $0 commission |
| Listed foreign securities | $50 per trade |
| Euroclear | $35 per trade |
| Canadian | $35 per trade |
| Foreign Security Cancel/Trade Adjustment | $15 per adjustment |
| All broker assisted phone trades | $10 per trade |
Robinhood does not take any commissions for U.S. listed stocks, ETFs, or OTC securities. No trading fees means that users can buy and sell securities for
free with no limitations set by Robinhood.
Hidden Fees at Robinhood
Robinhood prides itself on democratizing the stock market and other trading sectors by letting users cheaply trade stocks, options, and crypto. While signing up is free, users should be aware of various hidden fees at the brokerage.
Transferring Funds Out of Your Brokerage Account
While most fund transfers between your Robinhood account and bank accounts are free, some hidden fees apply to specific types of transfers. When you transfer funds from your Robinhood account to a different brokerage directly, the process goes through the Automated Customer Account Transfer Service (ACATS). There is a $100 fee for each transfer you make through the system. You can transfer as many assets or holdings as you'd like per transaction (aside from unsupported assets like crypto).
There is also a $20 domestic check overnight delivery fee. While checks sent through Robinhood to U.S. individuals and businesses are free, this fee applies if you need overnight delivery from Robinhood.
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Regulatory Fees at Robinhood
To maintain its cost basis and otherwise minimal fee structure, Robinhood passes down many fees
imposed on brokerages by regulatory bodies such as the Financial Industry Regulatory Agency (FINRA)
to its users.
The first of these fees is the Regulatory Transaction Fee. Traders on the Robinhood platform pay
$22.90 for each $1M of principal they sell, rounded up to the nearest penny. Robinhood then pays this
fee to FINRA, delivering it to the Securities and Exchange Commission (SEC). Sales with a total
principal under $500 are exempt from this fee on Robinhood's platform.
The other cost is called the Trading Activity Fee. This fee amounts to $0.000166 for each share of
equity sold and $0.00279 for each option contract the user sells. The payment is rounded to the
nearest penny for each transaction but caps out at $7.27. If an order executes in several parts, the
$7.27 limit applies to each trade rather than the order itself. Sales of 50 shares or less are exempt
from this fee on Robinhood's platform.
Service Fees at Robinhood
Robinhood charges various fees for services provided as an added convenience to some users. The first
of these fees are for paper statements. While most users opt for email and digital reports, you can
request that Robinhood mail you a physical copy of a purchase statement for a $5 fee.
The same approach is applied to order confirmations. For a $2 fee, Robinhood can mail you a physical
copy of the details of each transaction order executed from your account. The fee is the same
regardless of the transaction size described in the confirmation.
There is a $20 fee for domestic overnight mail, similar to the overnight check fee. Lastly, for
international overnight mail, there is a $50 fee.
Third-Party Fees at Robinhood
Various fees from non-regulatory third parties are passed down to users by Robinhood. The first of
these fees come from American Depository Receipts (ADRs). These certificates represent foreign stocks
that are tradable on U.S. exchanges. The issuing bank typically charges a $0.01 to $0.03 fee, which
passes on to Robinhood users.
For Robinhood debit card users, Mastercard imposes independent costs on foreign transactions,
out-of-network ATMs, and some merchants.
Margin Interest
Robinhood often advertises margin investing to its users as an enticing way for newer traders to
invest more capital than they currently have. However, there are hefty interest rates for margin
investors due to the current economic climate. Robinhood calculates the margin interest rate as a
combination of the upper bound of the Fed Funds Target Rate, and the standard base rate.
Thus, the current margin interest rate is 5.75% for debit balances under $50K.
Robinhood Gold subscriptions charge $5 per month, and the first $1,000 invested with margin is
interest-free.
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Updated on 2/7/2025.
Arthur Chachuna is a professional personal finance blogger, and the owner of Brokerage-Review.com.
He has been an avid investor for 25 years, and has a background in both applied math and programming.
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