Robinhood vs Uphold
Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Uphold? 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 Uphold is a global trading platform that lets you trade multiple assets. You can trade directly between crypto, precious metals, and national currencies. Besides a spread for every trade, Uphold charges no commissions, no bank deposit fee, and no withdrawal fee.
Compare Robinhood with Uphold, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Visit Site | |
Robinhood | Uphold | |
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Get a Free Stock (worth between $5 and $200) - | Trade from "Anything to Anything" in Just 10 Seconds - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading | ||
Cryptocurrency 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 | USD, EUR, GBP, AED, ARS, AUD, BRL, CAD, CHF, CNY CZK, DKK, HKD, HRK, HUF, ILS, INR, JPY, KES, MXN, NOK, NZD, PHP, PLN, RON, SEK, SGD | |
Digital Wallet | ||
Transaction Fee | $0 (Transactions above $100); $0.99 (Transactions below $100) | |
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 | Yes, through partner SALT Lending | |
Bank Account Purchase Fee | ||
Debit Card Purchase Fee | ||
Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
Mobile App | ||
ACH Transfer Fee | ||
Wire Transfer Fee | ||
Crypto Conversion Fee | ||
Anonymity | ||
Biometric Login | ||
Cold Storage | ||
Maximum Trading Amount | $25,000 per trade with a daily limit of $100,000 USD | |
Two-Factor Authentication | Device approvals, Authenticator app, SMS | |
Withdrawal Limit | $10,000 / day for US ACH transfers; €50,000 / day for Euro SEPA bank transfers; £25,000 / day for British FPS transfers | |
Forex Trading | ||
Futures Trading | ||
CreditDonkey® Reviews | ||
Stock Trading | ||
Options Trading | ||
Minimum Deposit | ||
Mobile App | ||
Commissions and Fees | ||
Customer Service | ||
Ease of Use | ||
Research | ||
Cryptocurrency Trading | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Free way to trade stocks with limited bells and whistles... | Unique platform that lets you trade directly across a wide variety of assets... |
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. Uphold: Uphold Disclaimer: Assets available on Uphold are different per region. All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are therefore not subject to protection. Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. |
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 Uphold?
In short: Robinhood's commissions and fees and customer service are noteworthy. In particular, the commissions and fees is impressive.