Robinhood Strategies Review 2025: Pros, Cons & How It Compares
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Our Take
4.6
Reviewed in: March 2025
Period considered: Mar. - Apr. 2025
Robinhood Strategies is a solid option for those with high account balances who want automated investment management. The robo-advisor has no additional fees, some stock customization and low expense ratios.
Robinhood Strategies
Fees
0.25%
Account minimum
$50
Fees
0.25%
Account minimum
$50
Promotion
None.
No promotion available at this time.
Show details
Pros & Cons
Long customer service hours.
Low expense ratios.
Low fee at high balances.
Stock customization.
No match on IRA contributions.
Limited investment accounts.
No human advisor access.
Compare to Other Advisors
0.25%
$50
1% match on rollovers and contributions
0.25%
$500
Get a $50 customer bonus
0.25%
$0
Get up to $1,000
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Full Review
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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
Limited investment accounts: If you’re looking for a traditional or Roth IRA or a standard brokerage account Robinhood has you covered, but if you’re looking for a different type of investment account, such as a joint account or a 529 plan, you’ll have to look elsewhere.
No personalized human advice: Robinhood uses in-house professionals to manage your portfolio, but you can’t meet with them for personalized guidance. Some Robinhood competitors give you access to financial advisors for a fee or for free.
Alternatives to consider:
For more types of investment accounts: Wealthfront
For human advisor access: SoFi Robo Investing
What type of investor should choose Robinhood Strategies?
Hands-off investors.
Retirement investors.
Robinhood Gold members.
What the Nerds think 🤓
"As for its cons, I wish the automated portfolios were granted the IRA match that the non-automated IRAs receive. And if you're looking for a robo-advisor with more bells and whistles — think financial planning tools or better tax strategy — there are competitors that offer all that for a similar price. I also don't love seeing that the company has been in the news so recently for violating FINRA rules."
Robinhood Strategies at a glance
Reviewed: March 2025
Period considered: Mar. - Apr. 2025
Account minimum | $50. |
Account management fee | 0.25% (with a yearly cap of $250 with a $50 annual Robinhood Gold membership). |
Investment expense ratios | 0.06% to 0.10%. |
Account fees (annual, transfer, closing) | None. |
Portfolio mix | Has diversified ETFs and single stocks but lacks exposure to international bonds. Investors can restrict up to three stocks. Portfolios are actively managed by Robinhood's team of experts. |
Socially responsible portfolio options | None. |
Accounts supported | Taxable accounts and traditional, Roth and rollover IRAs. |
Tax strategy | Portfolios are built with tax efficiency in mind. Robinhood Strategies totals your gains and losses so you can harvest any potential losses, but it will not manage the tax-loss harvesting process for you. |
Automatic rebalancing | Portfolios are actively managed and rebalanced as needed. |
Human advisor option | None. |
Savings account/cash management account | Cash earns 4% APY. |
Customer support options (rating includes how easy it is to find key details on the website) | 24/7 chat and phone 7:00 a.m. to 9:00 p.m. EST. |
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 non-Gold members, your first $500 is managed fee-free this year. For Gold members, your first $1,000 is managed fee-free this year.
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 (the Robinhood Gold fee is optional, but does cap the amount you would pay in annual fees at $250).
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.
Educational tools
Robinhood Strategies offers basic educational tools and features. It has a future projections tool that helps you see the future value of your account. This is a helpful tool, but many robo-advisors offer something similar in addition to other financial planning tools and calculators. Robinhood Strategies also delivers insights through the app to help you understand market fluctuations and adjustments to your portfolio.
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.
In 2024 Robinhood agreed to pay a $7.5 million fine after Massachusetts’ securities regulators alleged the broker encouraged risky trading practices. In March 2025, FINRA ordered Robinhood to pay $3.75 million in restitution to customers and fined the company $26 million for violating several FINRA rules, such as failing to respond to warning signs of potential misconduct.