Robinhood App 2026: Features, Tools and User Experience

Robinhood has 27.4 million funded customers and 4.3 million Gold subscribers. The Robinhood app puts stock trading and live prediction markets inside one app and you can be up and trading in under five minutes from your phone.

Below we cover exactly what Robinhood is, how the app works, what each prediction market category offers, how to download and get started, and every feature worth knowing about. Read on to find out why millions of people are choosing Robinhood as their prediction trading app for everything, from sports and economics to financials, climate, and even entertainment.

Pros and cons of the Robinhood app

Let’s get into the upsides and downsides of the Robinhood app to show you if it’s worth installing or not:

Pros and Cons

• Available in all 50 US states
• 27.4 million funded customers already trust the app
• Rated 4.3 out of 5 on iOS with 4.7 million ratings
• 24/7 customer support

• Requires iOS 17.0 or later on iPhone

What is the Robinhood app?

Robinhood is a financial app built for everyday people who want to invest in the same things that professional traders do but without the barriers that normally come with it. The company is based in Menlo Park, California and trades publicly on Nasdaq under the ticker HOOD.

Before Robinhood launched in 2013, buying a single share of stock typically cost $5 to $10 in commission fees per trade. Robinhood made that free and the whole industry eventually had to follow. In 2025, the platform launched their prediction markets feature.

Today the app is far more than stock trading. You can access 24-hour prediction trading, and you can now trade live prediction markets on over 1,600 events covering everything from Robinhood election markets to who will win the 2026 FIFA World Cup.

How to download and get started on Robinhood prediction trading

Use our on-page banners to head to the right download page and follow these steps exactly.

1. Download the app.

   The Robinhood app is free to download. On iPhone search for Robinhood in the App Store and download the app labelled "Robinhood: Trading and Investing." It requires iOS 17.0 or later and takes up 836.4 MB of storage. On Android open the Google Play Store and search Robinhood Trading and Investing. The app installs for free on any Android device.

2. Create an account and verify your identity.

   Open the app and tap Sign Up. Enter your details and submit a government issued photo ID. This is a one-time process. Most accounts are approved and live within 24 to 48 hours. You are 18 or older and a US resident. If you meet those two criteria you should have no issues.

3. Link your bank account and claim your free stock.

   Go to the account funding section and connect your bank account or debit card via ACH. The moment your bank is linked, Robinhood automatically assigns you a free stock worth between $5 and $200. You do not need to enter any Robinhood promo code. It happens automatically. The stock can be sold after a three-day holding period and the cash can be withdrawn after 30 days. However, take note that this free stock offer is not for Robinhood’s prediction trading feature.

4. Fund your account.

   Standard ACH bank transfers are free and usually settle in three to five business days. If you want instant access to your funds to start trading immediately, there is a 1.75% fee for instant processing. You can also deposit via direct deposit or crypto transfer.

5. Find the Prediction Markets Hub.

   Once your account is live and funded, look for the Prediction Markets section on your home screen. It sits just above the stock list and has a prominent arrow you tap to enter. Inside you will see a horizontal scroll of categories: Featured, Sports, Crypto, Economics, Culture, Climate, Esports, and more.

6. Place your first prediction.

   Tap a category then tap a market you have an opinion on. For example, on Robinhood sports markets, you will see the YES and NO prices. Tap the side you believe in, enter the number of contracts you want to buy, and confirm. Each contract costs the current market price plus $0.02 in fees. Your position shows in your portfolio immediately. You can sell at any time or hold to resolution.

Put your predictions to the test on Robinhood

Trade different assets on Robinhood

Key Robinhood app features worth knowing

Robinhood is far more than a place to trade. Once your account is live you will discover a number of features that make it one of the most complete financial apps available. You can also share your Robinhood referral code to invite your friends.

Conclusion on the Robinhood app

Robinhood is no longer just a place to buy stocks for free. It has become a genuine all-in-one financial app where you can trade stocks, ETFs, options, crypto, and now over 1,600 live prediction markets on everything from NFL games to Bitcoin price milestones. The 4.3 star iOS rating from 4.7 million real users, the CFTC regulation behind every prediction market contract, and the $0.02 per contract fee all point to a platform that has grown up while staying simple to use.

Whether you want to trade sports event contracts before and during the game, build combo predictions across multiple outcomes, or simply earn 3.35% on your cash while you learn, Robinhood has a feature for it. Use our on-page banners right now to download the Robinhood app and claim your free stock worth up to $200. Your account can be live and trading within 24 to 48 hours.

FAQ on the Robinhood app