Robinhood vs TD Ameritrade

Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to TD Ameritrade? Read our comparison chart below.

Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $5/month.

While TD Ameritrade offers $0 commission online stock, ETF, and option trades. This online broker also has more than 100 branch locations. There is no minimum deposit, no maintenance fee, and no inactivity fee.

Compare Robinhood with TD Ameritrade, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Robinhood	TD Ameritrade

	Visit Site	Learn More
	OFFER Get a Free Stock (worth between $5 and $200) - Learn More Read Robinhood Review	OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More Read TD Ameritrade Review
	Benefits and Features
Stock Trading	$0	$0 commission for online stock, ETF, and option trades
Options Trading	$0	$0.65 per contract
Annual Fee	None
Cryptocurrency Trading	$0	Yes
Minimum Deposit	$0	$0
Mutual Fund Trading	No	Up to $49.95 or $74.95 for buys. $0 for sells
Commission Free ETFs	All U.S. listed ETFs	550+ Commission-Free ETFs
Phone Support	650-761-7789 (available 24/7)
Live Chat Support	Available 24/7 (requires sign in)	Yes
Email Support	Yes
Human Advisors	No
Robo Advisor	No
Assets Under Management	$102 Billion
Penny Stocks	Yes
Tax Loss Harvesting	No
Goal Tracker	No
Automatic Deposits	Yes
Broker Assisted Trades	Not available	$25
Good For	Beginners; Active traders
Inactivity Fee	$0	$0
Maintenance Fee	$0	$0
Online Platform	Yes	Yes
iPhone App	Yes (4.2 stars, 4.3M ratings)
Android App	Yes (4.1 stars, 483k ratings)
Banking	Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank	Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.
Mobile App	Yes	Yes
Desktop App	None	Thinkorswim
Two-Factor Authentication	Device approvals, Authenticator app, SMS
Forex Trading	No	Yes
Futures Trading	No	$2.25 per contract (plus exchange & regulatory fees)
Bond Trading	No	Yes
CFD Trading	No	No
Currency Trading	No	Yes
Customer Service	Live Chat (24 hours via Robinhood app) Phone: 650-761-7789 (available 24/7) Email: support@robinhood.com	(800) 669-3900 (Open 24/7)
Locations	No	More than 100 locations in 34 states
Online Community	No
Seminars	Yes	Online webcast
Trading Platform	Web Trading, Mobile Apps	thinkorswim
Virtual Trading	No	Yes
Fractional Shares	Yes
Taxable Accounts	Yes
401k Plans	No
IRA Accounts	Yes
Roth IRA Accounts	Yes
SEP IRA Accounts	No
Trust Accounts	No
529 Plans	No
	CreditDonkey® Reviews

Stock Trading
Options Trading
Minimum Deposit
Mobile App
Commissions and Fees
Customer Service
Ease of Use
Research
Banking
Online Community
Trading Platform
Pros & Cons	Pros: Commission-free trades No minimum Extended trading hours Cons: Limited research No mutual funds & bonds	Pros: Easy to Use Thinkorswim Platform Customer Service Cons: Trade Fees
Bottom Line	Free way to trade stocks with limited bells and whistles... Read full review	Good online broker for long-term investors... Read full review
	Visit Site	Learn More
	Get a Free Stock (worth between $5 and $200) Buy and Sell Cryptocurrency Commission-Free Trades	Commission-Free Trading - Online Stock, ETF and Option Trades Open an IRA in 15 minutes or less
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Robinhood: Pricing information from published websites as of 04/18/2020. TD Ameritrade: Pricing information from published website as of 09/05/2023.

Get a Free Stock (worth between $5 and $200)

Get a Free Stock

Buy and Sell Cryptocurrency

Robinhood Crypto offers commission-free cryptocurrency investments 24/7. Some of the cryptocurrencies available are Bitcoin, Dogecoin, Ethereum, and Litecoin. This offer is currently available to selected states.

Get Deal

Commission-Free Trades

Get Deal

Trade stocks, funds, options, and cryptocurrencies

Which is Better: Robinhood or TD Ameritrade?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Robinhood or Goldco.

In short: Robinhood's stock trading and commissions and fees are impressive. TD Ameritrade's mobile app and research are impressive.

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