Robinhood Strategies Review 2025: Pros, Cons & How It Compares

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Where Robinhood Strategies shines

Low fees at high balances: For those with high balances, you can get hands-on management for a low, fixed fee if you’re also a Robinhood Gold member.

Stock choices: Most robo-advisors restrict you to a portfolio of ETFs, but Robinhood Strategies allows you to invest in some individual stocks.

Where Robinhood Strategies falls short

What type of investor should choose Robinhood Strategies?

• Hands-off investors.

• Retirement investors.

• Robinhood Gold members.

What the Nerds think 🤓

Robinhood Strategies at a glance

Reviewed: March 2025

Period considered: Mar. - Apr. 2025

How to sign up for a Robinhood Strategies account

You can sign up for a Robinhood Strategies account through Robinhood’s website or on its app. You can transfer external assets in, deposit money into your Robinhood account or use a wire transfer to deposit cash. You can also roll over or transfer investments from an IRA into a new Robinhood account. Unfortunately, Robinhood Strategies doesn’t currently support instant deposits.

How much does Robinhood Strategies cost?

Account management fee

Robinhood Strategies charges a 0.25% annual management fee. This is fairly standard among robo-advisors, and for Robinhood Gold members (which costs an additional $50 a year or $5 monthly) there is a yearly cap of $250. At higher balances, that cap locks in a very reasonable management fee. For example, If you have a portfolio of $200,000 and you pay $300 a year (the 0.25% capped at $250 plus the $50 a year for Robinhood Gold) that equates to paying 0.15% on your balance, which is lower than most competitors charge.

For accounts funded by June 30, Robinhood Strategies has an enticing deal: For those with a balance of $500 or less, there is no management fee for non-Gold members. For those with a balance of $1,000 or less there is no management fee with a Robinhood Gold subscription.

Investment expense ratio

An expense ratio is a yearly fee charged by funds, such as mutual funds, index funds and exchange-traded funds, as a percentage of your investment. If you invest in an ETF (the investments that most of the Robinhood Strategies portfolios are built with) that has a 1% expense ratio, you’ll pay $1 each year for every $100 you invested. Most robo-advisors utilize funds that have expense ratios, but it’s a good idea to compare those fees since you’ll be paying them every year — and the more your balance grows the bigger the amount that goes toward fees will get.

Robinhood Strategies’ ETF-only portfolios average around 0.10% for their expense ratios. The stock and ETF portfolios are even lower, clocking in around 0.06%. Both of these expense ratios are fairly low.

Account fees

Robinhood Strategies charges no additional fees beyond its annual management fee and fee for Robinhood Gold.

Robinhood Strategies portfolio selection

Like most robo-advisors, Robinhood Strategies creates portfolios out of ETFs that are tailored to your risk tolerance and financial goals. Robinhood Strategies also offers exposure to single stocks — a unique feature among robo-advisors. Robinhood touts that these stocks are selected through a proprietary research process based on behavioral science. This method allows investors access to more than two dozen portfolio options with exposure to alternative assets such as commodities, real estate and crypto through ETFs.

Another thing to point out about Robinhood Strategies is that the portfolios are actively managed by a team of human experts. Most robo-advisors only use passively managed funds that track market indices rather than hands-on management.

One thing to note: If your account balance is less than $500 it will be invested in a portfolio of ETFs. If you have $500 or more it may be invested in a mix of ETFs and individual stocks.

While Robinhood Strategies does not offer any socially responsible investing portfolios, it will allow you to restrict up to three stocks you do not wish to invest in.

Other key Robinhood Strategies features

Automatic rebalancing

Automatic rebalancing includes regular updates to your portfolio in response to market fluctuations that could shift your portfolio out of its original asset allocation. For example, if your portfolio aimed to hold 60% stocks and 40% bonds, and your stocks perform exceptionally well, you could end up having 75% in stocks. That could potentially expose you to more risk than you’d like. With automatic rebalancing, the percentage of what investments you own is automatically adjusted to keep your portfolio in line with your allocation goals. With Robinhood Strategies, portfolios are actively managed and rebalanced as needed. Portfolios are evaluated at least monthly.

Savings account/cash management options

Currently, Robinhood Strategies offers a 4% interest rate on cash held in your managed account, which is competitive.

Customer support options

Robinhood offers 24/7 chat support and phone support from 7:00 a.m. to 9:00 p.m. Eastern. 24/7 support is rare among robo-advisors.

Good to know about Robinhood Strategies

Accounts supported

Robinhood Strategies currently supports traditional, Roth and rollover IRAs and taxable investment accounts. Some robo-advisors offer a better selection, such as joint accounts, SEP IRAs and even 529 college savings plans.

And while Robinhood’s non-managed IRAs receive a contribution match (a 1% match for non-Gold members and 3% for Gold members), Robinhood Strategies’ managed IRAs do not.

» Want an IRA match? Check out Robinhood’s non-managed IRA

Account minimum

Robinhood Strategies has a minimum investment of $50. Many robo-advisors have a $0 minimum.

Tax strategy

Robinhood Strategies structures its portfolios with tax implications in mind, and considers the tax implications of investments based on account type. At the end of the year, Robinhood Strategies totals your gains and losses for you so you can choose to harvest any losses. However, unlike some competitors, the robo-advisor does not handle the tax-loss harvesting process for you.

No access to human advisors

While Robinhood Strategies offers access to actively managed portfolios, clients do not have access to meet with the team that is doing the management or get personalized advice. Some robo-advisors offer access to financial advisors for a fee or at no extra cost.

Is Robinhood Strategies worth it?

Robinhood Strategies is a strong contender in the robo-advisor space: The fee is competitive — especially at higher balances — there is some level of customization and some investors may appreciate the human element of a hands-on investment strategy. The 24/7 customer service is a nice perk as well. However, if you’re looking for a wider variety of investment accounts, an IRA match, human advisor access, financial planning tools or more customizable portfolios, you may want to consider your options.

» Want to compare options? Here are our top picks for best robo-advisors

Is Robinhood Strategies safe?

Robinhood is registered with all the appropriate governing bodies, including the U.S. Securities and Exchange Commission and FINRA. That being said, the broker has been the subject of several regulatory lawsuits since its inception, some of which have been dismissed.