Introducing Robinhood Gold

What's Robinhood Gold?

Robinhood Gold is a premium margin account. It’s an advanced version of your Robinhood brokerage account, and is our vision of how the next generation of experienced investors will interact with the stock market. We believe that even complex tools like leverage can be made focused, straightforward, and powerful.

Gold was built in a uniquely Robinhood way, by carefully designing the details, and cutting the confusing hidden costs. Simply pay a flat fee every month to get access to additional buying power.

Are my trades still commission-free?

Commission-free trades are not going away. That’s our promise.

Our mission is to democratize access to the financial markets to everyone. It’s the reason we started Robinhood, and it’s the pursuit of this goal that gives meaning to everything we build. Part of this mission is offering the best financial tools in the most cost-effective way possible.

What's Gold Buying Power?

Gold Buying Power is the money Robinhood Financial lends you to buy stocks in the market.

Having more buying power can give you more flexibility with your cash, and can let you take advantage of investment opportunities without depositing money from your bank.

You cannot buy options or cryptocurrencies with Gold Buying Power.

What're the risks of using Gold Buying Power?

Robinhood Gold is a margin account, so there are additional risks and responsibilities you should be aware of.

Buying stocks using margin amplifies the gains and losses in your portfolio. We’ve built Robinhood Gold to help protect you from these additional risks by including checks and notifications to help keep you informed about the health of your account.

Do I get charged interest on top of the monthly charge for using Gold Buying Power?

No. You won’t be charged interest or fees in addition to the fixed monthly charge for Robinhood Gold. We created a flat, once-per-month pricing structure to help make the cost of using Robinhood Gold easier to understand.*

Rather than starting with an interest rate, and working out how long you may want to hold the stocks you purchased with Gold, you’ll know exactly how much you’re spending up front.

With Robinhood Gold you’ll only pay once per month, and that’s it.  Trades are always commission-free.

**For customers borrowing over $50,000 there is a rate of 5% APR.

 

Do I get instant deposits with Gold?

Yes. You’ll have access to increased instant deposits depending on which Gold tier you sign up for. 

You can also learn more about instant deposits and settlements.

 

 

*Free trading refers to $0 commissions for Robinhood Financial self-directed individual cash or margin brokerage accounts that trade U.S. listed securities. Relevant SEC & FINRA fees may apply. Please see our Commission and Fee Schedule.

**Additional buying power over $50,000.00 has a yearly interest rate of 5.0%.

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