![]() ![]() ![]() Options and crypto are the big differentiators for Robinhood. Robinhood is not the only online broker to offer commission-free trades, but it is one of the first to require no minimum account balance, offer fractional shares - meaning you can invest as much money as you want in a company regardless of its share price - and allow you to trade options contracts and cryptocurrency. Top cryptocurrency by value - Bitcoin, Ethereum, Dogecoin and more.All you need is a bank account and as little as $1 and you can be trading in minutes. Why are over 13 million people trading on this relatively new platform with a quirky name rather than using well-established full-service brokers like TD Ameritrade, Fidelity, or Charles Schwab? Because Robinhood, as the name implies, makes it extremely simple for anyone - not just the wealthy - to invest in the financial markets.
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