Robinhood vs Coinmama
Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Coinmama? 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 Coinmama is a comparatively expensive, non-custodial cryptocurrency exchange that focuses on quick and easy purchases. Through their simple desktop site, they support debit and credit cards, as well as Apple and Google Pay.
Compare Robinhood with Coinmama, side-by-side.
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Visit Site | Visit Site | |
Robinhood | Coinmama | |
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Get a Free Stock (worth between $5 and $200) - | Buy and Sell Cryptocurrency Instantly - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading | ||
Minimum Deposit | ||
Mutual Fund Trading | ||
Cryptocurrencies Supported | AAVE, AVAX, BTC, BCH, LINK, COMP, DOGE, ETH, ETC, LTC, SHIB, XLM, XTZ, UNI, USDC | |
Fiat Currencies Supported | ||
Digital Wallet | ||
Transaction Fee | ||
Copy Trading | ||
Limit Orders | ||
Margin Trading | Margin rates will vary based on a customer's margin balance, ranging from 5.7% to 6.75%. | |
Crypto Loans | ||
Bank Account Purchase Fee | ||
Debit Card Purchase Fee | ||
Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
Mobile App | ||
Wire Transfer Fee | Only available for orders over $50,000 | |
Anonymity | ||
Biometric Login | ||
Cold Storage | ||
Maximum Trading Amount | Level 1 Account: $15,000 / day; Level 2 Account: $50,000 / day; Level 3 Account: $1,000,000 | |
Two-Factor Authentication | Device approvals, Authenticator app, SMS | |
Forex Trading | ||
Futures Trading | ||
CreditDonkey® Reviews | ||
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Stock Trading | ![]() ![]() ![]() ![]() ![]() | |
Options Trading | ![]() ![]() ![]() ![]() ![]() | |
Minimum Deposit | ![]() ![]() ![]() ![]() ![]() | |
Mobile App | ![]() ![]() ![]() ![]() ![]() | |
Commissions and Fees | ![]() ![]() ![]() ![]() ![]() | |
Customer Service | ![]() ![]() ![]() ![]() ![]() | |
Ease of Use | ![]() ![]() ![]() ![]() ![]() | |
Research | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
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Bottom Line | 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. Coinmama: 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.
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