Unlike most online stock trading platforms, Robinhood doesn’t charge a commission fee every time you buy or sell stocks, ETFs, or options. If you’re a high-volume trader, or a beginner without much cash to spare, that makes Robinhood an attractive alternative to the $5 to $7 fees per trade offered by competitors. TRADING $0 commission trades For online US-listed stocks, ETFs, and options. Get up to $3,000 with a new E*TRADE brokerage account. 1 How it works chevron_right. Open an account A free paper trading account or stock market simulator is an excellent alternative to a brokerage account and a big advantage for investors in general, but an ultimate benefit for any day trader.