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Written by Sam Pennington on March 1, 2023
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What Is Robinhood Gold And How Much Does It Cost?

Robinhood is a popular app-based brokerage that has been shaking up the world of investing with its commission-free trades and user-friendly interface.

In addition to their free basic service, Robinhood also offers a premium service called Robinhood Gold.

But what exactly is Robinhood Gold, and how much does it cost?

Learn More: Robinhood Retirement 3% Match

Robinhood is a popular "all-in-one" investing app.

While they are most well-known for their commission free stock trading, they've recently shaken up the Retirement Investing World too.

Introducing Robinhood Retirement; home of the biggest IRA match on the market.

Robinhood IRA Boost

Here's what you need to know:

  • Robinhood offers 2 types of retirement accounts - the Roth IRA and Traditional IRA
  • All Robinhood investors will get a 1% Match on what they Contribute or Transfer
  • Robinhood Gold members will get a 3% Match - the biggest on the market

And don't worry, this comes with a Portfolio Builder Tool. You don't have to construct your investment portfolio from scratch if you don't want to.

Lastly, you'll even get a free stock worth up to $200 when you open a new Robinhood account using our link.

Best Free Stock Promotions

Robinhood Logo1 Free Fractional Share Worth Up To $200Learn More
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What Is Robinhood Gold?

Robinhood Gold is a suite of tools and features designed to enhance your investing experience.

  • With Gold, you can access a range of premium features, including 4.15% interest on your uninvested brokerage cash with cash sweep (1.5% without Gold), bigger instant deposits, professional research from Morningstar, and level II market data from Nasdaq.
  • Additionally, Gold provides access to margin investing at a rate of 7.25% (11.25% without Gold).

These rates are subject to change with the Federal Funds Interest Rate, so check the official Robinhood website for current rates.

How Much Is Robinhood Gold?

So how much does Robinhood Gold cost? The service is priced at $5 per month, which gives you access to all of the premium features mentioned above.

You can try Gold for free for the first 30 days, and during this period, the $5 monthly fee will be waived. If you choose to use margin investing during your trial period, you’ll be charged 7.25% yearly interest on any amount you borrow over $1,000.

If you decide to continue using Gold after your free trial ends, you will be charged $5 at the beginning of each billing cycle, which lasts for 30 days. You can choose to not enable margin investing when you sign up for Robinhood Gold and use all of the other premium features.

How To Downgrade From Gold

If you want to downgrade from Gold, you can do so at any time by going to the Robinhood Gold section of your account settings and tapping "Cancel membership."

If you downgrade, you will immediately lose access to the premium features, including the lower margin interest rate offered with Gold and the higher brokerage cash sweep rate.

Final Thoughts

In conclusion, Robinhood Gold is a premium service that offers a range of powerful investing tools and features.

For $5 per month, you can access cash sweep, bigger instant deposits, professional research, level II market data, and margin investing.

If you're interested in taking your investing to the next level, Robinhood Gold might be worth considering.

Don't forget to grab your free stock worth up to $200 from Robinhood today!

Article written by Sam Pennington
Sam is a personal finance writer. While in college, he dedicated his spare time to learning about personal finance, investing, and real estate. Sam currently works as a business analyst for one of the top food manufacturers in the world.

Read more

Power Your Investing

Choosing the right product and service is essential for your investing. Here are some of the tools and services to help your portfolio grow.
Robinhood provides an easy-to-use free trading platform for beginner investors. Robinhood has $0 account minimums. Get a free stock when you open an account below.
Try Robinhood
M1 Finance
M1 Finance offers a free investing platform where users can build portfolios of stocks and ETFs. Users can also choose from a variety of pre-built portfolios offered for free.
Try M1 Finance
Passively invest in private real estate deals with as little as $10. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee.
Try Fundrise
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Get 1 Free Stock Worth Up To $200 From Robinhood!

Don't Miss This Opportunity!

Investing Simple readers can claim a free stock from Robinhood worth up to $200 when they open a brokerage account and deposit any amount.

For US Residents only. Investing Simple is affiliated with Robinhood, and we may earn a commission when you sign up for Robinhood.

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