How much does Robinhood Gold cost?
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Robinhood Gold is a collection of effective tools, statistics, and features designed to boost investment. With Gold, you could get the right of entry to 4 top rate capabilities:
Bigger Instant Deposits: Bigger Instant Deposits are only available if your Instant Deposits status is in good standing.
Professional research from Morningstar
Level II market data from Nasdaq
Access to margin investing: Margin investing is an optional Gold feature. Not all investors will be eligible to invest on margin.
You can try Gold for free for the first 30 days (the $5 monthly fee will be waived). If you choose to use margin investing during your trial period, you’ll still be charged 3.5% yearly interest on any amount you borrow over $1,000.
How much does Robinhood Gold cost?
For $5 a month, you get access to Gold’s premium features, and your first $1,000 of margin is included. After your free trial ends, you will begin your first 30-day billing cycle. You will be charged $5 at the beginning of each billing cycle.
If you invest on margin, you’ll pay 3.5% yearly interest on the amount you use over $1,000. Your interest is calculated daily and charged to your brokerage account at the end of each billing cycle.
If the Gold fee changes, we will notify you 30 days in advance so that you have the opportunity to cancel your subscription.