Robinhood Fees 2026: Get The Details On Commission And Trading Fees

Robinhood is a prediction market site where you can trade event contracts on multiple real-world events, including politics, sports, and culture. However, before using its services, it's important to understand its fee structure.

This guide provides all the information you need about Robinhood fees. We start with an overview of the site’s services for context. Then we’ll walk you through all the fees that you may be required to pay to use Robinhood’s services. We also cover some pros and cons and answer key questions about how fees work at Robinhood.

Quick facts about how fees work at Robinhood

• Robinhood offers 10+ event categories from which you can trade event contracts.
• You’ll be required to pay a $0.01 commission for each event contract that you trade at Robinhood.
• Other fees charged by Robinhood include regulatory transaction fees, withdrawal fees, and trading activity fees.
• You won’t be required to pay any fees for depositing into your Robinhood investing or spending account.

What is Robinhood and how does it work?

Robinhood is a prediction market site where you can trade financial products called event contracts, which are based on the outcomes of real-world events. All Robinhood event contracts have “Yes” and “No” outcomes, and you’ll be trading on the likelihood of either of these outcomes occurring when the contract settles.

For instance, if you choose to trade on the event contract “Best AI at the end of 2026?” You’ll find three options: “Gemini”, “Claude”, and “ChatGPT” with “Yes” and “No” contracts for each of them. Let’s say you buy a “Yes” contract for Gemini; it means you expect Gemini to be the best AI by the end of 2026, and vice versa. If your pick is correct, the contract settles at $1; if it’s incorrect, it settles at $0 and expires.

For either position you take, you can either close early by taking the other trader’s position or hold until the contract settles. You’ll also find the cost of each of these contracts, which is what you’ll pay to be able to trade the contract. Event contracts at Robinhood trade at prices between $0.01 and $0.99; their prices aren’t fixed but are determined by market forces such as the live order book and bid-ask spreads.

To trade at Robinhood, you’d need to have a Robinhood Derivatives Account, which you can apply for after creating a standard individual investing account. You’ll also get a Robinhood sign up bonus after registering. Here’s how to sign up:

1. Click on our on-page banners to visit the official Robinhood site.

2. Click the “Sign Up” to start the sign-up process.

3. Provide the required details.

4. Link your bank account or debit card.

5. Claim a cash value between $5 and $200.

6. Pick your preferred gift stock.

Note that you can only use your sign-up reward for stock trading and not event contracts. You also won’t need a Robinhood promo code to activate the offer.

How do Robinhood fees work?

When you create a Robinhood investing account, investing in ETFs (and their options) and stocks is commission-free. However, you’ll be required to pay a $0.01 commission for each contract that you trade at Robinhood.

For spreads that are part of the contract price, the price for both the “Yes” and “No” positions may accrue to a little over $1.00 (in most cases, it becomes $1.01). That's due to bid-ask spreads and market liquidity. The displayed prices may be different from the actual price you pay or receive when buying or selling. It all depends on available orders.You might also be required to pay an exchange fee or face a small spread that’s part of the contract price. It’s often around $0.01 per contract you buy or sell. When contracts are offered through exchanges, the exchange fee is how the exchange makes money from trading the contract.

Trade event contracts with Robinhood

Robinhood sports predictions

Other Robinhood transaction fees to note

The Financial Industry Regulatory Authority (FINRA) charges Robinhood trading activity fees and regulatory transaction fees. The Options Clearing Corporation (OCC) also charges Robinhood options regulatory and exchange fees. Robinhood then passes these fees to you to cover their operational costs. Here’s a look at the fees that you might be required to pay to use Robinhood’s other trading services:

Regulatory transaction fees

FINRA is required to pay a regulatory transaction fee to the Securities and Exchange Commission (SEC). To cover this fee, FINRA passes the cost to its members, such as Robinhood, which then passes it to its traders. However, you’ll only be required to pay this fee if you make equity sales with a notional value of more than $500.

Robinhood deposit/withdrawal fees

You won’t be charged any fees for depositing money into your investing or spending account, regardless of the type of account involved. However, depending on the payment method you use, you might be required to pay a Robinhood withdrawal fee. Here’s what we mean.

Withdrawals via instant bank transfer and external debit cards may incur a fee of up to 1.75%, depending on the amount withdrawn. However, there are no fees for standard bank transfers.

Options regulatory and exchange fees

The OCC charges an Options Regulatory Fee (ORF) based on options exchanges, options trade execution, and OCC membership. It also charges a clearing fee for its clearing and settlement services. In turn, Robinhood charges its traders a combined fee of $0.04 for every traded options contract.

Trading activity fees

Robinhood is also required to pay these fees to FINRA and to cover its costs; Robinhood passes them down to its traders. Trading activity fees are rounded up to the nearest penny and, based on order execution, are often no more than $9.79 per trade of options contracts.

Gold membership fees

Unlike the other fees on this list, which are charged based on your trading activities, this fee is charged for upgrading your Robinhood account. If you opt for a Robinhood Gold subscription, you’ll be charged $5 monthly and $50 annually. A Gold subscription offers you premium services, including access to margin, larger deposits, and in-depth reports.

Account transfer fees

Robinhood doesn’t charge you any fees for transferring eligible assets from an external brokerage through the Automated Customer Account Transfer Service (ACATS). However, the brokerage that you’re transferring from might charge you transfer fees. The good news is that you’ll be offered a Robinhood transfer bonus of up to $75 for transfers of up to $7,500 or more.

Index options trading fees

You’ll also be charged a fee for trading in options at Robinhood. If you have a Robinhood Gold subscription, you’ll only be required to pay a $0.35 contract fee. On the other hand, non-Gold members are charged a $0.50 contract fee.

How to trade at Robinhood

Having offered details about the available Robinhood fees per contract and how they work, here are the steps for trading your event contracts at the site:

1. Skim through the available event categories.

2. Choose an event category that you’re familiar with.

3. Open the details page and review to decide on which outcome you want to trade.

4. Pick a “Yes” or “No” contract.

5. Decide if you want to trade in contracts or dollars.

6. Input the amount you’d like to trade in.

7. Pick a Time in Force for the trade. It could be either of IOC (Immediate-Or-Cancel) or GTD (Good-Till-Date).

8. If you opted for the GTD option, adjust your limit price.

9. Review your order.

10. Submit your order.

Bear in mind that most Robinhood trading fees don’t apply to event contracts, and you’re only required to pay a $0.01 commission for each contract that you trade at Robinhood.

Pros and cons of the Robinhood fee structure

Here’s a quick look at the upsides and downsides of the fees charged at Robinhood:

Pros & Cons

• Clearly stated and explained
• Trader-friendly amounts
• None for deposits

• 1.75% for withdrawals

Conclusion – Trade multiple event contracts with minimal Robinhood fees

At Robinhood, you can trade on 10+ event categories, and if you’re looking to trade event contracts at Robinhood, you’ll only be required to pay a fee of $0.01 for each event contract.

Better still, the site doesn’t charge you any additional fees or commissions for holding your position until the event contract settles. Besides this trader-friendly approach, we like that the fee terms are transparent, so you’ll know what to expect when trading event contracts.

There are also other fees that aren’t directly linked to event contract trading that we thought you should note. We’ve described them so you know how they work.

Overall, we think the event contract trading fees at Robinhood are fair, and its collection of event categories makes it worth checking out. If that sounds like a good idea to you, click on our on-page banners to get started.

Robinhood fees FAQs