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Ellevest vs Robinhood

Ellevest is a women-focused robo-advisor tailored to women's life cycles and goals. How does it compare to Robinhood? Read our comparison chart below.

Ellevest is a robo-advisor aimed to serve women's needs. It specially tailors portfolios for women's financial goals and life cycles. Fees are low starting at $1/mo and there is no minimum balance for the basic account.

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 Ellevest with Robinhood, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 EllevestRobinhood
 Learn MoreVisit Site
 

Ellevest

Robinhood

SPECIAL OFFER
Ellevest Executive with 50% Off Coaching - Learn More

Read Ellevest Review

OFFER
Get a Free Stock (worth between $5 and $200) - Learn More

Read Robinhood Review

 

Benefits and Features

Stock Trading 
$0
Options Trading 
$0
Annual Fee
  • $1/mo for Essential Plan
  • $5/mo for Plus Plan
  • $9/mo for Executive Plan
None
Cryptocurrency Trading 
$0
Minimum Deposit
$0 for all membership tiers
$0
Mutual Fund Trading 
No
Commission Free ETFs All U.S. listed ETFs
Phone Support
Yes - normal business hours
650-761-7789 (available 24/7)
Live Chat Support
No
Available 24/7 (requires sign in)
Email Support
Yes
Yes
Human AdvisorsDiscounts for members for coaching sessions
No
Robo Advisor
Check
No
Assets Under Management
$280 Million
$102 Billion
Penny Stocks 
Yes
Tax Loss Harvesting
No
No
Goal Tracker
Yes
No
Automatic Deposits
Yes
Yes
Broker Assisted Trades 
Not available
Good For 
Beginners; Active traders
Inactivity Fee 
$0
Maintenance Fee 
$0
Online Platform
Yes
Yes
iPhone App
Yes
Yes (4.2 stars, 4.3M ratings)
Android App
Yes
Yes (4.1 stars, 483k ratings)
BankingSpend and Save accounts*; No minimum balance and no monthly service feesOffers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank
Mobile App
Yes
Yes
Desktop App 
None
Two-Factor Authentication Device approvals, Authenticator app, SMS
Forex Trading 
No
Futures Trading 
No
Bond Trading 
No
CFD Trading 
No
Currency Trading 
No
Customer Service Live Chat (24 hours via Robinhood app)
Phone: 650-761-7789 (available 24/7)
Email: support@robinhood.com
Locations 
No
Online Community 
No
Seminars 
Yes
Trading Platform 
Web Trading, Mobile Apps
Virtual Trading 
No
Fractional Shares
Yes
Yes
Taxable Accounts
Yes
Yes
401k Plans
No
No
IRA Accounts
Yes
Yes
Roth IRA Accounts
Yes
Yes
SEP IRA Accounts
Yes
No
Trust Accounts
No
No
529 Plans
No
No
 

CreditDonkey® Reviews

 EllevestRobinhood
Annual FeeStarStarStarStarEmpty Star
Minimum DepositStarStarStarStarStarStarStarStarStarStar
Human AdvisorsStarStarStarStarEmpty Star
Customer ServiceStarStarStarHalf StarEmpty StarStarStarStarStarEmpty Star
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarEmpty Star
Mobile AppStarStarStarStarEmpty Star
Commissions and FeesStarStarStarStarStar
Ease of UseStarStarStarStarStar
ResearchStarEmpty StarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • Focused on women's needs
  • $0 minimum
  • Starts at $1/mo
Cons:
  • Limited account options
  • No tax loss harvesting
  • Uncertain future
Pros:
  • Commission-free trades
  • No minimum
  • Extended trading hours
Cons:
  • Limited research
  • No mutual funds & bonds
Bottom LineWomen-focused robo-advisor tailored to women's life cycles and goals... Read full reviewFree way to trade stocks with limited bells and whistles... Read full review
 Learn MoreVisit Site

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Ellevest: Pricing information from published website as of 08/10/2020

Robinhood: Pricing information from published websites as of 04/18/2020.

Robinhood

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.

Robinhood

Commission-Free Trades

Trade stocks, funds, options, and cryptocurrencies

Which is Better: Ellevest or Robinhood?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Ellevest or Goldco.


Articles on Ellevest

Ellevest Review

Ellevest tailors investment strategies specifically for women's needs. Find out how this robo-advisor make a difference.

Articles on Robinhood

Robinhood

Robinhood lets you trade stocks commission-free and has no account minimums. Is it safe? Are there hidden fees? Read on for the pros and cons.

Robinhood Alternatives

Looking for apps like Robinhood but with a twist? Find the best alternatives with superior features. Do better in online trading with these apps.

Robinhood vs Public vs Webull

Robinhood, Public, and Webull are all great options for growing your money. But which one will suit you the most?

Robinhood vs Webull

Robinhood, Webull, Fidelity - three big investing platforms, but which is best for you? Find out in this detailed comparison guide.

Robinhood IRA Review

Robinhood offers some of the most unique IRAs on the market. But are they any good? Read on to find out.

Is Robinhood Safe

Are you worried about the safety of your investments? Let's examine the security features of Robinhood to determine if it's a reliable choice. Read on.

How Does Robinhood Make Money

Robinhood earns money through payment for order flow, interest rates, and subscriptions. Learn how these factors contribute to Robinhood's success.

Buy Bitcoin on Robinhood or Coinbase Pro

Robinhood and Coinbase Pro are two of the biggest names in retail investing and crypto trading. But which is best for buying Bitcoin?

Which Do You Think is Best?





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About CreditDonkey
CreditDonkey is a personal finance comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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