Parents' Guide to

Robinhood: Investing for All

By Matt Cabral, Common Sense Media Reviewer

age 18+

Accessible investing for adults is risky venture for teens.

Robinhood: Investing for All Poster Image

A Lot or a Little?

What you will—and won't—find in this app.

Community Reviews

There aren't any parent reviews yet. Be the first to review this title.

Privacy Rating Warning

  • Personal information is sold or rented to third parties.
  • Personal information is shared for third-party marketing.
  • Personalised advertising is displayed.
  • Data are collected by third-parties for their own purposes.
  • User's information is used to track and target advertisements on other third-party websites or services.
  • Data profiles are created and used for personalised advertisements.

Is It Any Good?

Our review:
Parents say Not yet rated
Kids say (1 ):

This easy investment tool encourages teens to dabble in trading, but there are potential risks. Stock investing has recently joined the ranks of tasks that can be completed with a few clicks, thanks, in large part, to Robinhood: Investing for All. As its name implies, the user-friendly finance app invites anyone to play the stock market like a seasoned Wall Street shark. And, with its simple setup process and incredibly streamlined, intuitive interface, Robinhood pretty much lives up to that promise. Toss in free trades, interest back on uninvested balances, and the ability to kick-start a portfolio with mere pennies, and it can feel like an offer you can't refuse.

The hurdle-free process of becoming a player in the stock market can almost feel video game-like, where gains and losses are reflected quickly, right alongside your spiking -- or dropping -- adrenaline. But Robinhood's low barrier to entry, ease of use, and ability to deliver real-time thrills are a double-edged sword. For novice investors looking to cautiously dip their toes into the market -- while also smartly supplementing their financial schooling beyond the app's bare-bones tools -- Robinhood can serve as a great place to start. But inexperienced investors with a fresh paycheck, a penchant for gambling, and some unfounded confidence could quickly find themselves in over their heads. In the right, responsible hands (you must be 18 or older to open an account), Robinhood's accessibility makes it one of the best options for new investors. That same lack of obstacles, however, could open a path to financial ruin for anyone who approaches the stock market as they would a quick game of Candy Crush Saga. So, parents will want to take an active interest if their teen is using the app.

App Details

  • Devices: iPhone , iPod Touch , Android
  • Pricing structure: Free
  • Release date: July 16, 2021
  • Category: Other
  • Publisher: Robinhood Markets Inc.
  • Version: Version 9.23.0
  • Minimum software requirements: iOS 11.0 or later, varies with Android device
  • Last updated: July 26, 2021

Did we miss something on diversity?

Research shows a connection between kids' healthy self-esteem and positive portrayals in media. That's why we've added a new "Diverse Representations" section to our reviews that will be rolling out on an ongoing basis. You can help us help kids by suggesting a diversity update.

Common Sense Media's unbiased ratings are created by expert reviewers and aren't influenced by the product's creators or by any of our funders, affiliates, or partners.

See how we rate