Robinhood vs Coinbase
Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Coinbase? 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 Coinbase is a large, beginner-friendly crypto exchange with relatively high fees. Through their easy-to-use app they offer a range of features including staking, educational rewards, and limited crypto-backed loans.
Compare Robinhood with Coinbase, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 | ||
| Visit Site | Learn More | |
Robinhood | Coinbase | |
|---|---|---|
Get a Free Stock (worth between $5 and $200) - | Earn $5 in bitcoin on your first trade on Coinbase - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | ||
| Annual Fee | ||
| Cryptocurrency Trading |  | |
| Minimum Deposit | ||
| Mutual Fund Trading | ||
| Commission Free ETFs | All U.S. listed ETFs | |
| Phone Support | ||
| Live Chat Support | Available 24/7 (requires sign in) | |
| Email Support | ||
| Human Advisors | ||
| Robo Advisor | ||
| Assets Under Management | ||
| Cryptocurrencies Supported | AAVE, AVAX, BTC, BCH, LINK, COMP, DOGE, ETH, ETC, LTC, SHIB, XLM, XTZ, UNI, USDC | |
| Penny Stocks | ||
| Fiat Currencies Supported | ||
| Digital Wallet | ||
| Tax Loss Harvesting | ||
| Transaction Fee | Greater of Minimum Flat Fees or Variable Fees (1.49%+) by Location and Payment Method. Minimum Flat Fees:
| |
| Copy Trading | ||
| Limit Orders | ||
| Goal Tracker | ||
| Automatic Deposits | ||
| Crypto Loans | ||
| Broker Assisted Trades | ||
| Good For | ||
| Inactivity Fee | ||
| Maintenance Fee | ||
| Online Platform | ||
| iPhone App | ||
| Android App | ||
| Bank Account Purchase Fee | ||
| Debit Card Purchase Fee | ||
| Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
| Mobile App | ||
| ACH Transfer Fee | ||
| Desktop App | ||
| Wire Transfer Fee | ||
| Crypto Conversion Fee | ||
| Anonymity | ||
| Biometric Login | ||
| Cold Storage | ||
| Maximum Trading Amount | ||
| Two-Factor Authentication | Device approvals, Authenticator app, SMS | |
| Withdrawal Limit | ||
| Forex Trading | ||
| Futures Trading | ||
| Bond Trading | ||
| CFD Trading | ||
| Currency Trading | ||
| Customer Service | Live Chat (24 hours via Robinhood app) Phone: 650-761-7789 (available 24/7) Email: support@robinhood.com | |
| Locations | ||
| Online Community | ||
| Seminars | ||
| Trading Platform | ||
| Virtual Trading | ||
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | ||
| 529 Plans | ||
CreditDonkey® Reviews | ||
| ||
| Stock Trading |  | |
| Options Trading |  | |
| Minimum Deposit | | |
| Mobile App | | |
| Commissions and Fees | |  |
| Customer Service | | |
| Ease of Use | | |
| Research | | |
| Cryptocurrency Trading | | |
| Crypto Loans | | |
| Safety | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Free way to trade stocks with limited bells and whistles... | Good beginner-friendly exchange with relatively high fees... |
| Visit Site | Learn More | |
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. Coinbase: Pricing information from published website as of 04/13/2021. | ||
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.
Which is Better: Robinhood or Coinbase?
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 commissions and fees is impressive. Coinbase's mobile app and research are excellent.
Articles on Robinhood
Robinhood
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Coinbase vs Robinhood
Investors new to crypto have no doubt heard of Robinhood and Coinbase. But which is better for crypto trading? Read on to learn the pros and cons of each.
Which Do You Think is Best?
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