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.

	Robinhood	Coinmama

	Visit Site	Visit Site
	OFFER Get a Free Stock (worth between $5 and $200) - Learn More Read Robinhood Review	OFFER Buy and Sell Cryptocurrency Instantly - Learn More
	Benefits and Features
Stock Trading	$0
Options Trading	$0
Minimum Deposit	$0	$100 to Buy or Sell
Mutual Fund Trading	No
Cryptocurrencies Supported	AAVE, AVAX, BTC, BCH, LINK, COMP, DOGE, ETH, ETC, LTC, SHIB, XLM, XTZ, UNI, USDC	10+
Fiat Currencies Supported	USD	USD, EUR, GBP, AUD, CAD, JPY
Digital Wallet	No	No
Transaction Fee	No	2.93% - 3.90%
Copy Trading	No	No
Limit Orders	Yes	No
Margin Trading	Margin rates will vary based on a customer's margin balance, ranging from 5.7% to 6.75%.	No
Crypto Loans	No	No
Bank Account Purchase Fee	No	Free
Debit Card Purchase Fee	No	5% added express fee
Banking	Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank
Mobile App	iOS & Android	No
Wire Transfer Fee	No	Only available for orders over $50,000
Anonymity	No	No
Biometric Login	TouchID or FaceID	No
Cold Storage	Yes	No
Maximum Trading Amount	No	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	Google Authenticator or Authy
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	Visit Site
	Get a Free Stock (worth between $5 and $200) Buy and Sell Cryptocurrency Commission-Free Trades	Buy and Sell Cryptocurrency Instantly Buy Bitcoin in 5 minutes Buy and Sell Bitcoin (BTC)
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.

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

Get a Free Stock

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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Commission-Free Trades

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Trade stocks, funds, options, and cryptocurrencies

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