How much does Grifin cost and what benefits are included?
Grifin is committed to transparency and affordability for our fast-growing community.
We simply charge a flat, full-access membership fee (paid monthly or yearly for flexibility) for as little as $9 per month! This fee is flat, all-inclusive, cancel-anytime, and charged to the credit card of your choice! Sometimes, we even provide offers to receive a discount on your first month or first year that you may take advantage of! We may also provide offers for members that upgrade to an annual membership or other Grifin plans.
Your membership fee goes a long, long way: It goes directly toward paying our staff, helps us provide you and all of our community members with a best-in-class investing product, developing new technologies to enhance your investing experience, educational resources to teach you investing basics, referral rewards, and dedicated customer service and support for our growing community.
All of the benefits below are 100% included in your membership fee:
● $0 commission fees: We don't charge you a penny when you buy or sell any stock. Grifin has 100% commission-free trading.*
● Unlimited stock buys and sells: Any stock. Any amount. No limits.
● Live stock trading: Buy and sell supported stocks at real-time market prices
● Same-day deposits & trades: Deposit cash and buy/sell stock in just seconds (subject to market hours)
● Multiple daily deposits: You can make more than one deposit per day for full flexibility
● Government-backed insurance: Our brokerage provider, APEX Clearing Corporation ("APEX"), is a member of SIPC, which protects securities customers of its members up to $500,000 in value (including $250,000 for claims for cash)**
● Works at 3,000+ companies and all of their subsidiaries
● Unlimited access: Membership includes full access to 100% of our trademarked investing technologies, Adaptive Investing™ and Buy Stock Where You Shop™
● Dividend payments: Cash dividends paid out every 3 months for all the stocks you own that offer dividends***
● $1,000/year in rewards: Earn up to $1k per year by simply referring friends to Grifin
● New stocks added frequently to help you continuously diversify
● Unlimited credit and debit card connections across 5 banks of your choice
● Education-focused email onboarding for new members to learn how to make the most of their Grifin experience and the basics of investing, as well as periodic investing learning content afterward
● Compatible with 12,000+ banks via our partnership with Plaid, a trusted financial aggregator used by 100 million+ customers, to keep your accounts secure
● Dedicated Customer Support: A team of real people who work diligently to help you with your needs
Additionally, your membership goes beyond just the benefits above; it also helps ensure our values remain steadfast. By charging for our services, we're able to stand by the following principles:
● Zero selling of your data, period.
● Zero order flow payments
● Zero brokerage account opening or closure fees
● Zero ACH return fees
● Zero ACH withdrawal fees
● Zero gimmicky "add-ons" or "gotcha's"
● Zero spammy advertisements
Remember, your monthly membership fee is all-inclusive. Our fee includes everything we have to offer and will offer every day going forward. We grow with you.
In some instances, our providers/vendors may impose certain small (and infrequent) fees for obscure items - like a wire transfer or ACATS transfer. Because the vast majority of transfers between banks today are ACH, wires and ACATS transfers are rare and infrequent. Rest assured, these fees will only be passed on to you if they are applicable. For a detailed overview of other potential fees, please view the complete list here.|
We hope this helps give you a clearer picture into how Grifin operates. Your trust in our services is sincerely valued.
*Other fees and charges may apply. See Fee Schedule.
**Explanatory brochure available upon request or at www.sipc.org. SIPC does not protect against market losses.
***A dividend payment is a portion (percentage) of the money that a company makes that is shared with their stockholders. There are additional risks associated with investing in dividend-paying stocks, including the risk associated with a company’s ability to pay dividends, and risks associated with interest-rate changes, among others.