Pros:
$0 commissions on stocks, ETFs, and options contracts.
Simple, intuitive mobile-first platform, great for beginners.
Fractional shares trading.
Offers a 1-3% match on IRA contributions (with Robinhood Gold).

Cons:
Limited research and analytical tools (not ideal for advanced investors).
Accepts Payment for Order Flow (PFOF), which can raise concerns about best execution.
Limited asset selection (no traditional mutual funds or bonds—only through ETFs)
History of platform outages and trading restrictions during peak volatility.

Pros:
$0 commissions on stocks and ETFs.
Wide range of investments (stocks, ETFs, mutual funds, bonds, options, some crypto).
Excellent research and education tools.
Superior order execution (does not use Payment for Order Flow/PFOF).
24/7 customer service and extensive physical branch network.

Cons:
$0.65 per contract fee for options trades.
Mobile app lacks some advanced functionality (e.g., conditional orders) found on desktop platform (Active Trader Pro).
Limited offerings in futures and spot forex.
Interest rate on uninvested cash in standard sweep account can be low (though high-yield options are available).

Pros:
$0 commissions on stocks and ETFs.
Extensive research and a wide range of platforms (including the powerful thinkorswim).
World-class customer service (24/7 and large branch network).
Huge selection of no-transaction-fee mutual funds (thousands).

Cons:
$0.65 per contract fee for options trades.
Low interest earned on uninvested cash in the standard sweep account.
Limited fractional shares (only for S&P 500 stocks).
No direct investment in cryptocurrencies (only through crypto ETFs).