Yieldstreet vs Robinhood
Yieldstreet is an a unique platform to invest in non-traditional assets. How does it compare to Robinhood? Read our comparison chart below.
Yieldstreet offers alternative investments in non-traditional assets, such as art and marine financing. The Yieldstreet Prism Fund is open to all investors with a minimum of $10,000. Accredited investors can choose individual investments.
While 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.
Compare Yieldstreet with Robinhood, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Visit Site | |
Yieldstreet | Robinhood | |
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Online Alternative Investments - | Get a Free Stock (worth between $5 and $200) - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading | ||
Annual Fee | 1.5% management fee for the Prism Fund; Fees vary for individual investment offerings (usually 1-2%) | |
Cryptocurrency Trading | ||
Minimum Deposit | $10,000 minimum for the Prism Fund; Individual investment offerings typically starts at $10,000 | |
Mutual Fund Trading | ||
Commission Free ETFs | All U.S. listed ETFs | |
Phone Support | ||
Live Chat Support | Available 24/7 (requires sign in) | |
Email Support | ||
Investment Types | Residential & commercial real estate, sports car leasing, art financing, marine vessels and deconstruction, supply chain financing, litigation financing | |
Human Advisors | ||
Robo Advisor | ||
Accredited Investor Requirements | None for the Prism Fund; Must be accredited investor for individual investment offerings | |
Assets Under Management | ||
Penny Stocks | ||
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Broker Assisted Trades | ||
Good For | ||
Inactivity Fee | ||
Maintenance Fee | ||
Online Platform | ||
iPhone App | ||
Android App | ||
Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
Mobile App | ||
Desktop App | ||
Two-Factor Authentication | Device approvals, Authenticator app, SMS | |
Forex Trading | ||
Futures Trading | ||
Bond Trading | ||
CFD Trading | ||
Currency Trading | ||
Customer Service | Live Chat (24 hours via Robinhood app) Phone: 650-761-7789 (available 24/7) Email: support@robinhood.com | |
Dividends | Prism Fund pays dividends quarterly; can choose to auto-invest or cash payout | |
Investment Period | 5 years for Prism Fund (with opportunities to liquidate on a quarterly basis); Varies for individual offerings | |
Locations | ||
Online Community | ||
Seminars | ||
Trading Platform | ||
Virtual Trading | ||
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
Minimum Deposit | ||
Commissions and Fees | ||
Customer Service | ||
Ease of Use | ||
Liquidity | ||
Stock Trading | ||
Options Trading | ||
Mobile App | ||
Research | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | A unique platform to invest in non-traditional assets... | 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. |
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: Yieldstreet or Robinhood?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Yieldstreet or Fundrise.
In short: Robinhood's minimum deposit, commissions and fees, customer service, and ease of use are noteworthy. In particular, the minimum deposit, commissions and fees, and ease of use are impressive.