Robinhood vs Binance

Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Binance? 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 Binance is one of the largest cryptocurrency exchanges by volume in the world. They offer some of the lowest fees of any exchange and support trading of over 600 coins. They have staking options, crypto loans, and a crypto Visa card, among a range of other features.

Compare Robinhood with Binance, side-by-side.

		BinanceAcorns
	Visit Site	Learn More
	Robinhood	Binance
	OFFER Get a Free Stock (worth between $5 and $200) - Learn More Read Robinhood Review	OFFER Buy and Sell Cryptocurrency - Learn More
	Benefits and Features
Stock Trading	$0
Options Trading	$0
Cryptocurrency Trading	$0
Minimum Deposit	$0	$0 ($10 Trade Minimum)
Mutual Fund Trading	No
Cryptocurrencies Supported	AAVE, AVAX, BTC, BCH, LINK, COMP, DOGE, ETH, ETC, LTC, SHIB, XLM, XTZ, UNI, USDC	600+
Fiat Currencies Supported	USD	AED, AUD, AZN, BGN, CAD, CHF, CLP, COP, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, ILS, ISK, JPY, KES, KRW, KZT, MXN, NGN, NOK, NZD, PEN, PHP, PLN, RON, RUB, SAR, SEK, THB, TRY, TWD, UAH, UGX, USD, UYU, VND, ZAR
Digital Wallet	No	Yes
Transaction Fee	No	0.10% - 0.02%
Copy Trading	No	No
Limit Orders	Yes	Yes
Margin Trading	Margin rates will vary based on a customer's margin balance, ranging from 5.7% to 6.75%.	Yes
Crypto Loans	No	Yes
Debit Card Purchase Fee	No	3.5% or $10, whichever is higher
Banking	Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank
Mobile App	iOS & Android	Yes
ACH Transfer Fee	No	No
Wire Transfer Fee	No	Free via SWIFT from USD to BUSD
Crypto Conversion Fee	No	No
Anonymity	No	No
Biometric Login	TouchID or FaceID	Yes
Cold Storage	Yes	Yes
Maximum Trading Amount	No	Maximum order amount varies by currency
Two-Factor Authentication	Device approvals, Authenticator app, SMS	Google Authenticator
Withdrawal Limit	$50,000 per business day	2BTC / day for unverified accounts; 100BTC / day for verified accounts; Wire Transfer: $7,500,000 / day
Forex Trading	No
Futures Trading	No
	CreditDonkey® Reviews
Stock Trading
Options Trading
Minimum Deposit
Mobile App
Commissions and Fees
Customer Service
Ease of Use
Research
Pros & Cons	Pros: Commission-free trades No minimum Extended trading hours Cons: Limited research No mutual funds & bonds
Bottom Line	Free way to trade stocks with limited bells and whistles... Read full review
	Visit Site	Learn More
	Get a Free Stock (worth between $5 and $200) Commission-Free Trades Buy and Sell Cryptocurrency	Buy and Sell Cryptocurrency
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. Binance: Pricing information from published website as of 04/13/2021.

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

Get a Free Stock

Commission-Free Trades

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Trade stocks, funds, options, and cryptocurrencies

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.

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Articles on Robinhood

Robinhood Review

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