Is Robinhood a Bank?
Robinhood isn't a bank; it's a brokerage app where you can trade stocks and other securities without paying commissions. Great for investing, not for banking!
Win gift cards by playing fun games on Playbite!
Playbite
(13.7k)
500k winners and counting...
More Answers
Absolutely not. Robinhood's for trading stocks and crypto - not for holding your cash like a traditional bank.
Robinhood is about trading, not banking. No ATMs or checking accounts here!
Nope, Robinhood is a brokerage, not a bank. You can't get a checking or savings account there, but you can trade stocks, options, and crypto!
From personal experience, Robinhood's awesome for trading and investments but don't expect any traditional banking services like loans or checking accounts.
The brands referenced on this page are not sponsors of the rewards or otherwise affiliated with this company. The logos and other identifying marks attached are trademarks of and owned by each represented company and/or its affiliates. Please visit each company's website for additional terms and conditions.
People also want to know
Add an Answer