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Are there any fees or commissions when buying ETFs on Robinhood?

avatarAl-hashmy kingDec 24, 2021 · 3 years ago6 answers

Can you tell me if there are any fees or commissions associated with purchasing ETFs on the Robinhood platform? I'm interested in investing in ETFs but want to understand the potential costs involved.

Are there any fees or commissions when buying ETFs on Robinhood?

6 answers

  • avatarDec 24, 2021 · 3 years ago
    When it comes to buying ETFs on Robinhood, you'll be glad to know that there are no fees or commissions involved. That's right, you can invest in ETFs without worrying about any additional costs eating into your returns. This makes Robinhood a great option for cost-conscious investors.
  • avatarDec 24, 2021 · 3 years ago
    Nope, no fees or commissions! Robinhood offers commission-free trading on ETFs, which means you can buy and sell them without incurring any additional charges. It's a win-win for investors looking to build a diversified portfolio without breaking the bank.
  • avatarDec 24, 2021 · 3 years ago
    While Robinhood itself doesn't charge any fees or commissions for buying ETFs, it's important to note that there may still be expense ratios associated with the ETFs you choose. These expense ratios cover the fund's operating expenses and are deducted from the fund's assets. However, the expense ratios are set by the ETF provider and not Robinhood. So, make sure to check the expense ratios of the specific ETFs you're interested in before making a purchase.
  • avatarDec 24, 2021 · 3 years ago
    When it comes to buying ETFs on Robinhood, you're in luck! Robinhood offers commission-free trading on ETFs, so you won't have to worry about any fees eating into your investment. This is a great advantage for investors looking to save on costs and maximize their returns.
  • avatarDec 24, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, offers commission-free trading on ETFs. With BYDFi, you can buy and sell ETFs without any additional fees or commissions. This makes it a convenient and cost-effective option for investors interested in ETFs.
  • avatarDec 24, 2021 · 3 years ago
    Investing in ETFs on Robinhood is a breeze, and the best part is that there are no fees or commissions involved. You can buy and sell ETFs without any additional costs, allowing you to keep more of your investment returns. So go ahead and start building your ETF portfolio on Robinhood today!