Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie settingsCookie policy

Robinhood review

Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Robinhood is a custodial exchange with a narrower coin list than most rivals, at 90, but it pairs MiCA and Bank of Lithuania licences with SIPC membership and published proof of reserves. It suits first-time buyers who want buying, staking and derivatives in the same account.

Key facts

Best for
EU buyers who want a licensed custodial account with staking and derivatives in one place.
Coins listed
90↗
Regulators
Bank of Lithuania, Bank of Lithuania (LSC), LT BL, SIPC↗
Fiat deposit methods
SEPA, Bank↗
Proof of reserves
Yes↗
Withdrawal fee
No Robinhood fee; network fees apply↗
Derivatives
Yes↗
Exchange type
Cex↗
Legal entity
Robinhood Europe UAB↗
Headquarters
Lithuania↗
Support channels
Email, Help-centre↗
Features
Custodial, Staking
Official website
robinhood.com

Facts checked September 26, 2026, 7 sources

Apps and profiles

Get the app
App Store
Elsewhere
WikidataXLinkedIn

Pros and cons

Pros

  • Custodial account with staking built in, listed under custodial and staking
  • Fiat deposits run through sepa and bank, so funding stays in euros
  • Regulated by Bank of Lithuania, Bank of Lithuania (LSC) and LT BL across Lithuania and the US
  • Proof of reserves is published, which most custodial rivals leave out

Cons

  • The coin list of 90 is thin beside from 650 and from 350
  • Support runs on email and help centre only, with no phone line
  • Custody is not offered, so coins cannot be moved to your own wallet
Robinhood

Ready to try Robinhood?

Scored 9.4 / 10 by HodlCue.

Visit

Who it suits

  • EU first-time buyers who want custody and staking in a single account
  • Investors who want derivatives on the same platform as spot trading
  • Anyone who puts weight on published proof of reserves

Who should look elsewhere

  • Bitpanda, for buyers who want a much longer coin list
  • bunq, for anyone who wants a bank app with self-custody
  • ActivTrades, for traders who only care about derivatives

How your money is protected

Robinhood Europe UAB is supervised by Bank of Lithuania, Bank of Lithuania (LSC) and LT BL, which covers the Bank of Lithuania and, in the US, SIPC. Two licences stand behind the entity: a MiCA crypto asset service provider licence, MiCA CASP 254900GTP4UXQO1UMI36, and a payment institution licence, PSD_PI 306377915. A US entity appears as SIPC member 69916. Proof of reserves is published, so the exchange shows what it holds on behalf of customers.

How Robinhood compares

Where Robinhood is available

Licence in Lithuania
Bank of Lithuania, checked September 26, 2026
Licence in Lithuania
Bank of Lithuania (LSC) (MiCA CASP 254900GTP4UXQO1UMI36), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Licence in Lithuania
LT_BL (PSD_PI 306377915), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Licence in United States
SIPC (SIPC member 69916), checked September 26, 2026

Frequently asked questions

How many coins can I trade on Robinhood?+

The list covers 90 assets, which is modest for a crypto exchange. Buyers who want deeper altcoin coverage will find more elsewhere, so the size of the list is the first thing to check against your own plans.

Is Robinhood regulated in Europe?+

Yes. The operating entity is Robinhood Europe UAB, and Bank of Lithuania, Bank of Lithuania (LSC) and LT BL names its supervisors. The crypto side runs under a MiCA licence, MiCA CASP 254900GTP4UXQO1UMI36, and the payments side under PSD_PI 306377915.

Does Robinhood publish proof of reserves?+

Proof of reserves is published for the platform. That transparency is worth weighing next to custodial rivals, many of which offer no such statement, and it says nothing about how the assets are held.

How do I fund my Robinhood account?+

Fiat deposits run through sepa and bank, covering standard bank transfers and SEPA. There is no card listed among the deposit methods, so funding is arranged around a bank account rather than a debit card.

Are there withdrawal fees?+

Withdrawals carry No Robinhood fee; network fees apply. In practice, that means no platform markup on the way out, though the underlying network still charges its own per-transfer cost, which varies by coin.

Can I hold my own keys on Robinhood?+

No. The account is custodial, as cex and custodial and staking both point to. Coins sit with the platform rather than in a wallet you control, which suits casual holders but not anyone planning to self-custody.

Can I earn yield by staking on Robinhood?+

Yes. Staking is listed among custodial and staking, so supported assets can be staked without leaving the platform. The rate is not published in the information available, so check the current terms in the app before committing funds.

Does Robinhood offer derivatives trading?+

Derivatives are available, listed as a product alongside the spot and staking side. That means the account can carry leverage products as well as plain spot holdings, so position size matters more than on a spot-only platform.

Sources

Compiled from 9 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Taker fee.

Robinhood

Robinhood

EU buyers who want a licensed custodial account with staking and derivatives in one place.

9.4/10Visit