Robinhood
The most recommended of 3 online brokerages
Praised for easy, smooth investing with free accounts and small minimums, but critics say its gamified design pushes risky options trading.
Praised for easy, smooth investing with free accounts and small minimums, but critics say its gamified design pushes risky options trading.
52 people gave an opinion
- recommend it
- 16
- criticize it
- 36
- approval share
- 31%
Recommended in 9 of 13 months
- November 2025: recommended
- December 2025: recommended
- January 2026: recommended
- February 2026: recommended
- March 2026: recommended
- April 2026: not recommended
- May 2026: recommended
- June 2026: recommended
- July 2026: recommended
- August 2026: recommended
- September 2026: not recommended
- October 2026: not recommended
- November 2026: not recommended (month in progress)
Why it doesn’t carry the badge
- 16 people recommend itNeeds 10 or more, met.
- 0.4 recommenders for every criticNeeds 2 to 1 or better, not met.
- Recommended in 9 of 13 monthsNeeds 4 or more, met.
The same three rules apply to every product, and the badge can’t be bought. How the badge works
What people say about it
The reasons people give, with the number of comments that give each one. Open a reason to read what they said.
Why people recommend it
Each mark is one comment
Opens markets to ordinary investors
“We are approaching the first couple years of this country where investing knowledge has actually proliferated out of the country club.”
Comment from 27 Mar 2026 in “We Haven't Seen the Worst of What Gambling and Prediction Markets Will Do” “Giving people access to markets isn't exploitation afaic.”
Comment from 29 May 2026 in “Robinhood now lets your AI agents trade stocks” “RH made a lot of investment tool accessible to people”
Comment from 5 Jan 2026 in “It's hard to justify Tahoe icons” Named among top brokers
“the top brokers you would need Schwab, Fidelity, Trading212, Hood.”
Comment from 22 Nov 2025 in “Show HN: Wealthfolio 2.0- Open source investment tracker. Now Mobile and Docker” “Robinhood/Webull are great if you know what you want.”
Comment from 22 Feb 2026 in “Built a Tinder-style investing app for all investors! Need 7-day beta testers” “Instead just click buy in Robinhood or Schwab”
Comment from 5 May 2026 in “Today I've made the difficult decision to reduce the size of Coinbase by ~14%” Easy to use, beautiful apps
“Robinhood is probably the best software I regularly use. It's extremely smooth and intuitive for how powerful it is now.”
Comment from 11 Jun 2026 in “Ask HN: What software feels exceptionally polished?” “they created easy to use beautiful apps”
Comment from 5 Jan 2026 in “It's hard to justify Tahoe icons” Start investing with under $100
“With Robinhood, you can do so with less than a C-note.”
Comment from 5 Jan 2026 in “Microsoft kills official way to activate Windows 11/10 without internet” “start investing in stocks for less than $100”
Comment from 14 Jun 2026 in “How to Earn a Billion Dollars”
What people warn about
Each mark is one comment
Gamified apps promote gambling and options
“Robinhood works hard to make their UI/UX as “fun” (dopamine-releasing) as possible”
Comment from 2 Jul 2026 in “SpaceX sheds $400B in market value as debut rally hits reverse” “Platforms like Robin Hood just finished transforming the entirety of the stock market into a casino that preys on the poor”
Comment from 23 Jun 2026 in “SpaceX sheds $400B in market value as debut rally hits reverse” “Options are essentially gambling, so to enable people to throw away their retirement on gambling is truly vile.”
Comment from 23 Jun 2026 in “SpaceX sheds $400B in market value as debut rally hits reverse” - Comment from 23 Nov 2025 in “Meta buried 'causal' evidence of social media harm, US court filings allege”
- Comment from 19 May 2026 in “A new era for AI Search”
- Comment from 1 Nov 2025 on Hacker News
Pulls in inexperienced traders
“Exploring unsophisticated investors. Trading on margin used to be for extremely experienced and educated people working for a large financial institution.”
Comment from 23 Nov 2025 in “Meta buried 'causal' evidence of social media harm, US court filings allege” “Inventing a new, even less sophisticated class of traders seems like exactly the kind of thing that makes sense for their business model.”
Comment from 31 May 2026 in “Robinhood now lets your AI agents trade stocks” “Gamifying and advertising the shit out of options trading to make it more attractive to morons”
Comment from 23 Nov 2025 in “Meta buried 'causal' evidence of social media harm, US court filings allege” Blocked unofficial API use
“Robinhood didn't implement an API for users for a decade, even hindering and banning users who used an unofficial API”
Comment from 30 May 2026 in “Robinhood now lets your AI agents trade stocks” “I nearly got banned from Robinhood for just running DCA using an unofficial python api”
Comment from 29 May 2026 in “Robinhood now lets your AI agents trade stocks” Chases crypto and hype trends
“They seem to jump on every hype train though, crypto, prediction markets, now agentic trading”
Comment from 29 May 2026 in “Robinhood now lets your AI agents trade stocks” “Replace the word "democratize" with "unleash" and that's a far more accurate descriptor.”
Comment from 18 Jan 2026 in “America is slow-walking into a Polymarket disaster”
Other online brokerages people recommend
The two most recommended other online brokerages, with the same counts for each, so you can compare like for like. The tick on each bar marks the 2 to 1 line the badge needs.
| Product | Recommend | Criticize | Approval | Months | Owned | Badge |
|---|---|---|---|---|---|---|
| RobinhoodThis page | 16 | 36 | 31% | 9 | — | — |
| Charles Schwab brokerage | 10 | 11 | 48% | 6 | — | — |
| Interactive Brokers | 6 | 2 | 75% | 5 | — | — |
What people said
40 of the 55 comments that mention it, newest first. Each links to the original comment.
“companies like Robinhood that are gamifying financial markets”
“horrible platforms like Robinhood that aren't far off what the above poster alluded to”
“Robinhood erroneously showed their account balance at -$730k”
“Robinhood works hard to make their UI/UX as “fun” (dopamine-releasing) as possible”
“At least PFOF is more competitive and regulated and you're only getting a few basis points stolen from you”
“While I think robinhood has done some shady practices, this isn't one.”
“Platforms like Robin Hood just finished transforming the entirety of the stock market into a casino that preys on the poor”
“Options are essentially gambling, so to enable people to throw away their retirement on gambling is truly vile.”
“start investing in stocks for less than $100”
“Robinhood is probably the best software I regularly use. It's extremely smooth and intuitive for how powerful it is now.”
“Inventing a new, even less sophisticated class of traders seems like exactly the kind of thing that makes sense for their business model.”
“Robinhood didn't implement an API for users for a decade, even hindering and banning users who used an unofficial API”
“it's a net positive for robinhood, not the trader necessarily”
“Giving people access to markets isn't exploitation afaic.”
“They seem to jump on every hype train though, crypto, prediction markets, now agentic trading”
“It's where retail joe six pack goes to lose their money to the rich.”
“I nearly got banned from Robinhood for just running DCA using an unofficial python api”
“Robinhood is notably bad for promoting this kind of gambling behavior on its platforms”
“Instead just click buy in Robinhood or Schwab”
“it's actually not possible. I tried to invoke CCPA, and over a 19 email thread, got frustrating and contradictory replies”
“it's a lot easier to find employees, payment processors and advertising networks willing to work with you”
“it tries to drive people to trade often and take riskier bets”
“We are approaching the first couple years of this country where investing knowledge has actually proliferated out of the country club.”
“everything about Robinhood seems sketchy enough that I am comfortable keeping them firmly south of the border”
“Robinhood for easy investing (even if you can't afford a single share of a stock)”
“Robinhood/Webull are great if you know what you want.”
“Replace the word "democratize" with "unleash" and that's a far more accurate descriptor.”
“Giving credence and advertisement to all of those has caused huge societal problems.”
“Robinhood gold -3% off anything for $60/year”
“RH made a lot of investment tool accessible to people”
“they created easy to use beautiful apps”
“With Robinhood, you can do so with less than a C-note.”
“robinhood very valuable because it encouraged retail investors to have high trading volume”
“Most brokerages (IBKR, Schwab, Robinhood) treat every contract as a siloed trade.”
“their banking apps put a banner on the top warning they are not calling the user”
“Robinhood accounts are free for all.”
“Exploring unsophisticated investors. Trading on margin used to be for extremely experienced and educated people working for a large financial institution.”
“Gamifying and advertising the shit out of options trading to make it more attractive to morons”
“the top brokers you would need Schwab, Fidelity, Trading212, Hood.”
“He has pretty consistently noted that Robinhood is specifically a gambling app”
Counts come from 1,795,640 Hacker News comments, November 2025 to November 2026. How we count. Report a mistake.