Morningstar vs Robinhood
Morningstar is an advanced investment tools for more serious investors with larger portfolios. How does it compare to Robinhood? Read our comparison chart below.
Morningstar provides independent investment insights, offers in-depth reports on mutual funds and stocks, and has portfolio x-ray tool which shows portfolio strengths and weaknesses. It offers monthly and annual paid subscription plans with 7-day free trial.
While 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.
Compare Morningstar with Robinhood, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Visit Site | |
Morningstar | Robinhood | |
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Start 7-Day Free Trial of Morningstar Investor - | Get a Free Stock (worth between $5 and $200) - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading | ||
Annual Fee | Morningstar Investor costs $249/year (monthly plan costs $34.95/month) | |
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 | ||
Penny Stocks | ||
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Broker Assisted Trades | ||
Good For | ||
Inactivity Fee | ||
Maintenance Fee | ||
Online Platform | ||
iPhone App | ||
Android App | ||
Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
Mobile App | ||
Desktop App | ||
Two-Factor Authentication | Device approvals, Authenticator app, SMS | |
Forex Trading | ||
Futures Trading | ||
Bond Trading | ||
CFD Trading | ||
Charting Tools | ||
Currency Trading | ||
Customer Service | Phone: 866-229-9449 Monday - Friday: 8AM - 5PM CST Email: joe@morningstar.com | Live Chat (24 hours via Robinhood app) Phone: 650-761-7789 (available 24/7) Email: support@robinhood.com |
Locations | ||
Online Community | ||
Seminars | ||
Stock Ratings | ||
Stock Recommendations | ||
Stock Screener | ||
Trading Platform | ||
Virtual Trading | ||
Investment Tracking | ||
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
Price | ||
Mobile App | ||
Ease of Use | ||
Research | ||
Stock Trading | ||
Options Trading | ||
Minimum Deposit | ||
Commissions and Fees | ||
Customer Service | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Advanced investment tools for more serious investors with larger portfolios... | Free way to trade stocks with limited bells and whistles... |
Visit Site | Visit 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. |
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: Morningstar or Robinhood?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Morningstar or Seeking Alpha.
In short: Morningstar's research is outstanding. Robinhood's mobile app and ease of use are noteworthy. In particular, the ease of use is impressive.