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Robinhood vs Goldco

Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Goldco? 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 Goldco is one of the most popular gold IRA companies. It stands out for its large selection of gold and silver coins, highest price buyback guarantee, and thousands of 5-star reviews. The minimum investment is $25,000.

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

 RobinhoodGoldco
 Visit SiteVisit Site
 

Robinhood

Goldco

OFFER
Get a Free Stock (worth between $5 and $200) - Learn More

Read Robinhood Review

SPECIAL OFFER
Free Gold IRA Kit - Learn More

Read Goldco Review

 

Benefits and Features

Stock Trading
$0
 
Options Trading
$0
 
Annual Fee
None
Varies depending on custodian
Mutual Fund Trading
No
 
Gold IRA 
Check
BankingOffers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank 
Mobile App
iOS & Android
 
Silver IRA 
Check
Wire Transfer Fee
No
$30
Platinum IRA 
Check
Palladium IRA 
Check
Forex Trading
No
 
Futures Trading
No
 
 

CreditDonkey® Reviews

 RobinhoodGoldco
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarEmpty Star
Minimum DepositStarStarStarStarStar
Mobile AppStarStarStarStarEmpty Star
Commissions and FeesStarStarStarStarStar
Customer ServiceStarStarStarStarEmpty StarStarStarStarStarStar
Ease of UseStarStarStarStarStar
ResearchStarEmpty StarEmpty StarEmpty StarEmpty Star
FeesStarStarStarEmpty StarEmpty Star
Minimum InvestmentStarStarStarHalf StarEmpty Star
Gold IRAStarStarStarStarEmpty Star
SafetyStarStarStarStarStar
Pros & ConsPros:
  • Commission-free trades
  • No minimum
  • Extended trading hours
Cons:
  • Limited research
  • No mutual funds & bonds
Pros:
  • Highest buyback price guarantee
  • Free silver promotion
  • A+ BBB rating
Cons:
  • $25,000 min
Bottom LineFree way to trade stocks with limited bells and whistles... Read full reviewVery reputable Gold IRA account, but preferred custodian's fees may be higher than competitors... Read full review
 Visit SiteVisit Site

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 08/13/2024.

Goldco: The required minimum purchase at Goldco to start a gold IRA is $25,000. Goldco’s preferred Custodian charges a flat annual account service fee which includes a one-time IRA account set-up fee of $50, as well as a $30 wire fee. Annual maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can vary depending on the company you select to handle these services (required by the IRS, as all IRA assets must be managed by a custodian). Depending on the Custodian, storage fees can range from $10 to $60 per month, or as a percentage of assets, from 0.35% to 1% annually. Goldco does not charge any storage fees for cash transactions over $25,000.

Robinhood

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.

Robinhood

Commission-Free Trades

Trade stocks, funds, options, and cryptocurrencies

Goldco

Free Gold IRA Kit

  • Up to $10,000 in free silver for eligible customers
  • Highest buyback price, guaranteed
  • Endorsed by Sean Hannity and Chuck Norris
Goldco

Get Up to $10,000 in Free Silver

Open a qualifying gold IRA and get up to $10,000 in free silver

Which is Better: Robinhood or Goldco?

In short: Goldco's customer service is outstanding.


Articles on Robinhood

Robinhood Review

Robinhood lets you trade stocks commission-free and has no account minimums. Is it safe? Are there hidden fees? Read on for the pros and cons.

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Robinhood IRA Review

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Is Robinhood Safe

Are you worried about the safety of your investments? Let's examine the security features of Robinhood to determine if it's a reliable choice. Read on.

How Does Robinhood Make Money

Robinhood earns money through payment for order flow, interest rates, and subscriptions. Learn how these factors contribute to Robinhood's success.

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Articles on Goldco

Goldco

Is Goldco the best precious metals company? Find out the truth about the fees, common complaints, and minimum investment requirement in this review.

Which Do You Think is Best?


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