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Partnership Disclosure
We might be compensated by one of our IRA partners for an account you open through our platform. This helps us keep the rollover service free, but it never impacts the fees you’ll pay on your new account. We only win if you do, and our job is to help you simplify your retirement accounts. We also help people who already have an IRA account even though we might receive no compensation in these situations—because it’s just the right thing to do!

Robinhood IRA Review 2024: Features, Fees, and More

Updated on April 3, 2024

Learn about our Editorial Process

Key Takeaways
  • Robinhood is a great IRA option for those looking to craft their own portfolios or get a professionally recommended portfolio to get started.
  • Robinhood is a digital-first provider, therefore they don’t have physical branches to visit in person.
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Fund your Robinhood IRA with a 401(k) rollover in just a few minutes

Robinhood IRA Snapshot

Best if you want
Robinhood offers a low-cost self-directed IRA with a 1% match on eligible contributions and allows users to craft their own portfolios or get a professionally recommended portfolio.
Fees
$0 online trades for stocks and exchange-traded funds (ETFs). Other fees may apply.
What you can invest in
Stocks & ETFs, Options
Limitations
Users can earn the matching contribution immediately on eligible contributions, but must hold the funds in the IRA account for five years before the match can be withdrawn without a potential fee.
Account minimum
$0
Ease of Use
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5 stars
Checkmark Pros

• 1% IRA match available
• Easy-to-use user interface
• Low fees and expense ratios
• Goal-setting assistance

Checkmark Cons

• Certain investment classes, like fractional shares, are unavailable
• No physical branches for those who like that

Ready to take control of your assets?
Capitalize helps you consolidate your old 401(k)s by rolling them into an IRA of your choosing. Use an existing IRA if you have one, or we’ll help you open one if you don’t.