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Robinhood vs Vanguard

Robinhood is a free option to trade stocks with limited bells and whistles for investors. How does it compare to Vanguard? 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 $6/month.

While Vanguard offers low stock trade prices (starting at just $2) for investors with account balances over $500k. For those with smaller balances, it's best for less active traders, as trade prices go up after 25 trades/year. Vanguard offers 125+ no-transaction-fee mutual fees and 55+ commission-free ETFs. There is no minimum deposit and service fees can be waived by signing up for electronic statements.

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

 

Robinhood

Vanguard

 

Benefits and Features

Stock Trading
$0
Less than $50,000: $7 per trade for the first 25 trades per year, then $20.
$50k - $500k: All trades $7.
$500k - $1M: All trades $2.
$1M - $5M: First 25 trades per year free, then $2.
$5M+: First 100 trades per year free, then $2
Options Trading Less than $500,000: $7 + $1 per contract.
$500,000+: $2 + $1 per contract
Minimum Deposit
$0
$0
Mutual Fund Trading $0 for no-transaction-fee funds. For transaction-fee funds: $20 for account balances less than $500,000; $8 for account balances $500,000+
Commission Free ETFsall U.S. listed ETFs
55+
Broker Assisted Trades
$10
$25.00
Customer Service
Monday-Friday 9am - 6pm ET
Monday-Friday 8am -10pm ET
Inactivity Fee
$0
$0
Maintenance Fee
$0
$20/year. Waived if account owner signs up for e-delivery service OR have at least $10,000 in Vanguard ETFs and mutual funds
Banking
No
No
Mobile App
Yes
Yes
Desktop App
Yes
Yes
Forex Trading 
Yes
Futures Trading 
No
Locations
No
No
Online Community
No
No
Seminars
No
Yes
Virtual Trading
No
No
 

CreditDonkey® Reviews

Stock Trading
Options Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Mutual Fund Trading
Pros & ConsPros:
  • Commission-free stock trading on a mobile platform
  • No minimum investment required
Cons:
  • No retirement accounts
  • Limited research
  • No bond trading
  • No mutual fund trading
Pros:
  • Large selection of mutual funds and commission-free ETFs
  • Broker assistance is available at no additional cost
  • Easy to use
Cons:
  • Commission structure penalizes frequent traders
  • Customer service wait times
  • Commission costs on non-Vanguard investment options
Bottom LineFree option to trade stocks with limited bells and whistles for investors... Read full reviewGood choice for ETF and mutual fund investors interested in Vanguard-sponsored investments... Read full review

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 4/24/2018

Vanguard: Pricing information from published websites as of 4/16/2018

Which is Better: Robinhood or Vanguard?

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

In short: Robinhood's stock trading, mobile app, and commissions and fees are noteworthy. In particular, the stock trading and commissions and fees are impressive. Vanguard's research is worth mentioning.


Explore Robinhood In-Depth


Explore Vanguard In-Depth


Which Do You Think is Best?


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