Save money and be informed. CreditDonkey is a credit card comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Robinhood vs Choice IRA

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

 Robinhood
 Visit SiteLearn More
 

Robinhood

Choice IRA

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

Read Robinhood Review

SPECIAL OFFER
Pay Less Tax on Bitcoin - Learn More

Read Choice IRA Review

 

Benefits and Features

Stock Trading
$0
 
Options Trading
$0
 
Minimum Deposit
$0
$0
Mutual Fund Trading
No
 
Cryptocurrencies SupportedAAVE, AVAX, BTC, BCH, LINK, COMP, DOGE, ETH, ETC, LTC, SHIB, XLM, XTZ, UNI, USDCAave, Basic Attention Token, Cosmos, Bitcoin, Bitcoin Cash, Chainlink, Dogecoin, EOS, Ethereum, Icon, Litecoin, Maker, Monero, Neo, Polkadot, Stellar, Tezos, Uniswap, Yearn.Finance, ZCash
Fiat Currencies Supported
USD
USD
Digital Wallet
No
Yes
Transaction Fee
No
Digital assets: $0.99 to 1% per trade
Securities: $0.005 per share ($1 minimum)
Metals: $40 per request
BankingOffers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank 
Mobile App
iOS & Android
 
Wire Transfer Fee
No
$0 incoming / $45 outgoing domestic; $85 outgoing international
Cold Storage
Yes
Yes
Two-Factor AuthenticationDevice approvals, Authenticator app, SMS
Yes
Withdrawal Limit
$50,000 per business day
None. 10% penalty under 59 1/2 years old
Forex Trading
No
 
Futures Trading
No
 
 

CreditDonkey® Reviews

 Robinhood
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarEmpty Star
Minimum DepositStarStarStarStarStar
Mobile AppStarStarStarStarEmpty Star
Commissions and FeesStarStarStarStarStarStarStarStarStarEmpty Star
Customer ServiceStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStarStarStarStarStarStar
ResearchStarEmpty StarEmpty StarEmpty StarEmpty StarStarStarEmpty StarEmpty StarEmpty Star
Cryptocurrency TradingStarStarStarStarEmpty Star
SafetyStarStarStarStarEmpty Star
Pros & ConsPros:
  • Commission-free trades
  • No minimum
  • Extended trading hours
Cons:
  • Limited research
  • No mutual funds & bonds
Pros:
  • No minimums
  • $0 monthly fee option
  • A range of assets
Cons:
  • Limited research tools
Bottom LineFree way to trade stocks with limited bells and whistles... Read full reviewLow-cost platform to invest in stocks, crypto, and metals all in one IRA... Read full review
 Visit SiteLearn More

Pay Less Tax on Bitcoin

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.

Robinhood

Commission-Free Trades

Trade stocks, funds, options, and cryptocurrencies

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.

Which is Better: Robinhood or Choice IRA?

In short: Robinhood's commissions and fees is impressive.


Articles on Robinhood

Robinhood

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.

Robinhood Alternatives

Looking for apps like Robinhood but with a twist? Find the best alternatives with superior features. Do better in online trading with these apps.

Robinhood 24/7 Trading

Unfortunately, Robinhood doesn't offer 24/7 trading. Luckily, it comes close: 24/5. Does it fit you and your trading style?

Robinhood vs Fidelity vs Vanguard

Robinhood, Fidelity, and Vanguard are great options if you're looking for an investment platform to grow your money. But which one is right for you?

Robinhood vs Public vs Webull

Robinhood, Public, and Webull are all great options for growing your money. But which one will suit you the most?

Fidelity vs Robinhood

Robinhood, Webull, Fidelity - three big investing platforms, but which is best for you? Find out in this detailed comparison guide.

Robinhood IRA Review

Robinhood offers some of the most unique IRAs on the market. But are they any good? Read on to find out.

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.

Buy Bitcoin on Robinhood or Coinbase Pro

Robinhood and Coinbase Pro are two of the biggest names in retail investing and crypto trading. But which is best for buying Bitcoin?

Articles on Choice IRA

Choice IRA Review

Choice IRA offers an all-in-one IRA for investors who want a lot of diversity in their retirement portfolio. But is it the right IRA for you?

Which Do You Think is Best?





Next Page:

About CreditDonkey
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2024 CreditDonkey Inc. All Rights Reserved.