Robinhood vs Goldco
Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Goldco? 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 Goldco is one of the most popular gold IRA companies. It stands out for its large selection of gold and silver coins, highest price buyback guarantee, and thousands of 5-star reviews. The minimum investment is $25,000.
Compare Robinhood with Goldco, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Visit Site | |
Robinhood | Goldco | |
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Get a Free Stock (worth between $5 and $200) - | Free Gold IRA Kit - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading | ||
Annual Fee | ||
Mutual Fund Trading | ||
Gold IRA | ||
Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
Mobile App | ||
Silver IRA | ||
Wire Transfer Fee | ||
Platinum IRA | ||
Palladium IRA | ||
Forex Trading | ||
Futures Trading | ||
CreditDonkey® Reviews | ||
Stock Trading | ||
Options Trading | ||
Minimum Deposit | ||
Mobile App | ||
Commissions and Fees | ||
Customer Service | ||
Ease of Use | ||
Research | ||
Fees | ||
Minimum Investment | ||
Gold IRA | ||
Safety | ||
Pros & Cons | Pros:
| Pros:
|
Bottom Line | Free way to trade stocks with limited bells and whistles... | Very reputable Gold IRA account, but preferred custodian's fees may be higher than competitors... |
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. Goldco: The required minimum purchase at Goldco to start a gold IRA is $25,000. Goldco’s preferred Custodian charges a flat annual account service fee which includes a one-time IRA account set-up fee of $50, as well as a $30 wire fee. Annual maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can vary depending on the company you select to handle these services (required by the IRS, as all IRA assets must be managed by a custodian). Depending on the Custodian, storage fees can range from $10 to $60 per month, or as a percentage of assets, from 0.35% to 1% annually. Goldco does not charge any storage fees for cash transactions over $25,000. |
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.
Free Gold IRA Kit
- Up to $10,000 in free silver for eligible customers
- Highest buyback price, guaranteed
- Endorsed by Sean Hannity and Chuck Norris
Get Up to $10,000 in Free Silver
Open a qualifying gold IRA and get up to $10,000 in free silver
Which is Better: Robinhood or Goldco?
In short: Goldco's customer service is outstanding.