Vanguard vs Robinhood

Vanguard is a good choice for ETF and mutual fund investors interested in Vanguard-sponsored investments. How does it compare to Robinhood? Read our comparison chart below.

Vanguard offers $0 commission on stock and ETF online trades, $0 commission on Vanguard mutual funds, and no minimum deposit.

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

	Vanguard	Robinhood

	Learn More	Visit Site
	Norton Internet Security 60-day free subscription - Learn More Read Vanguard Review	OFFER Get a Free Stock (worth between $5 and $200) - Learn More Read Robinhood Review
	Benefits and Features
Stock Trading	$0	$0
Options Trading	$0 + $1-per-contract fee. Discounts available if you have more than $1 million assets invested in Vanguard ETFs and mutual funds	$0
Annual Fee		None
Cryptocurrency Trading		$0
Minimum Deposit	$0	$0
Mutual Fund Trading	$0 for Vanguard mutual funds	No
Commission Free ETFs	Around 1,800 ETFs from about 100 other companies	All U.S. listed ETFs
Phone Support		650-761-7789 (available 24/7)
Live Chat Support		Available 24/7 (requires sign in)
Email Support		Yes
Human Advisors		No
Robo Advisor		No
Assets Under Management		$102 Billion
Penny Stocks		Yes
Tax Loss Harvesting		No
Goal Tracker		No
Automatic Deposits		Yes
Broker Assisted Trades	$25.00	Not available
Good For		Beginners; Active traders
Inactivity Fee	$0	$0
Maintenance Fee	$20/year. Waived if account owner signs up for e-delivery service OR have at least $10,000 in Vanguard ETFs and mutual funds	$0
Online Platform		Yes
iPhone App		Yes (4.2 stars, 4.3M ratings)
Android App		Yes (4.1 stars, 483k ratings)
Banking	No	Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank
Mobile App	Yes	Yes
Desktop App	Yes	None
Two-Factor Authentication		Device approvals, Authenticator app, SMS
Forex Trading	Yes	No
Futures Trading	No	No
Bond Trading		No
CFD Trading		No
Currency Trading		No
Customer Service	Monday-Friday 8am -10pm ET	Live Chat (24 hours via Robinhood app) Phone: 650-761-7789 (available 24/7) Email: support@robinhood.com
Locations	No	No
Online Community	No	No
Seminars	Yes	Yes
Trading Platform		Web Trading, Mobile Apps
Virtual Trading	No	No
Fractional Shares		Yes
Taxable Accounts		Yes
401k Plans		No
IRA Accounts		Yes
Roth IRA Accounts		Yes
SEP IRA Accounts		No
Trust Accounts		No
529 Plans		No
	CreditDonkey® Reviews

Stock Trading
Options Trading
Mutual Fund Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Minimum Deposit
Customer Service
Pros & Cons	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	Pros: Commission-free trades No minimum Extended trading hours Cons: Limited research No mutual funds & bonds
Bottom Line	Good choice for ETF and mutual fund investors interested in Vanguard-sponsored investments... Read full review	Free way to trade stocks with limited bells and whistles... Read full review
	Learn More	Visit Site
		Get a Free Stock (worth between $5 and $200) Buy and Sell Cryptocurrency Commission-Free Trades
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Vanguard: Pricing information from published websites as of 10/17/2023. Robinhood: Pricing information from published websites as of 04/18/2020.

Get a Free Stock (worth between $5 and $200)

Get a Free Stock

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.

Get Deal

Commission-Free Trades

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Trade stocks, funds, options, and cryptocurrencies

Which is Better: Vanguard or Robinhood?

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

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

Articles on Vanguard

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