Robinhood Markets, Inc. is an American financial services company based in Menlo Park, California. It provides an electronic trading platform that facilitates trades of stocks, exchange-traded funds, options, index options, futures contracts, outcomes on prediction markets, and cryptocurrency. It also offers cryptocurrency wallets, wealth management, credit cards and other banking services, some in partnership with banks insured by the FDIC, as well as a news website, Sherwood.News. The company's revenue comes from payment for order flow and commissions on options (27% of Q2 2025 revenues), cryptocurrency (16% of Q2 2025 revenues), equities (7% of Q2 2025 revenues), and other products such as futures and event contracts (5% of Q2 2025 revenues); net interest income (primarily from margin lending, interest earned on corporate and customer cash balances, securities lending, and credit cards; 36% of Q2 2025 revenues), and other sources (subscription fees and advertising revenue on Sherwood.News; 9% of Q2 2025 revenues). The company has 27.4 million funded customers and $279 billion in assets under custody. Its platform is available in the U.S., the UK, and, for trading cryptocurrency and tokenized stocks and ETFs only, in the European Union. Approximately 2 billion option contracts are traded annually on the Robinhood platform.

The company is named after Robin Hood, based on its mission to "provide everyone with access to the financial markets, not just the wealthy". The company has been referred to as an innovator in zero-commission stock trading, as it relies on other sources of revenues. Robinhood has targeted millennials as customers; in March 2025, the average age of its customers was 35.

The company does not allow trading in mutual funds, preferred stocks, bonds, some high-risk penny stocks, and new positions in options on their expiration dates in the last 30 minutes of the trading day.

Robinhood was founded in April 2013 by Vladimir Tenev and Baiju Bhatt, who had previously built high-frequency trading platforms for financial institutions in New York City. They aimed to design a mobile app that was free, easy to use, and addictive. Tenev and Bhatt served as co-CEOs from 2013 to 2020, when Tenev became the sole CEO and Bhatt became chief creative officer.

The founders presented the mobile app at LA Hacks in April 2014 and launched a beta release in December on the Apple App Store. The mobile app was launched officially in March 2015.

In February 2018, the company announced that it would be moving its headquarters from Palo Alto to the former headquarters of Sunset magazine in Menlo Park. That same month, Robinhood launched cryptocurrency trading.

Robinhood launched banking products with insurance from the Federal Deposit Insurance Corporation via partner banks in December 2019.

In the second quarter of 2020, during the 2020 stock market crash, compared to the first quarter of 2020, trading volumes increased 139%, more than any other major brokerage. In July 2021, the company went public and was listed on Nasdaq.