Robinhood — Can You Buy Mutual Funds On

: Robinhood offers thousands of commission-free ETFs that track the same indices (like the S&P 500) often found in mutual funds.

: You can invest as little as $1 in expensive stocks or ETFs, allowing for granular portfolio building that mimics mutual fund diversification.

: Provides access to thousands of mutual funds, many with no transaction fees.

: Since individual bonds are also unsupported, bond ETFs are the primary way to gain fixed-income exposure on the platform. Comparison with Other Platforms

: You cannot directly purchase target-date funds or specific index funds from providers like Vanguard or Fidelity on the app.

While direct mutual fund trading is unavailable, investors can achieve similar diversification using: