Robinhood does not charge fees to open or maintain an account, transfer funds, or buy stock.
However, there are fees charged by the US Securities & Exchange Commission and FINRA on all sell orders. This fee is charged to all sell orders, independent of the brokerage. Robinhood does not benefit financially from these charges, and they are passed on the relevant regulatory agencies in full.
SEC: $21.80 per $1,000,000 of principal (sells only) - this fee is rounded up to the nearest penny.
FINRA Trading Activity Fee (TAF): $.000119 per share (sells only) - this fee is rounded up to the nearest penny and no greater than $5.95.
You’re welcome to view our full Commission and Fees Schedule here.