Goldco vs Robinhood
Goldco is a very reputable Gold IRA account, but preferred custodian's fees may be higher than competitors. How does it compare to Robinhood? Read our comparison chart below.
Goldco is one of the most popular gold IRA companies. It stands out for its large selection of gold and silver coins, highest price buyback guarantee, and thousands of 5-star reviews. The minimum investment is $25,000.
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 Goldco with Robinhood, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Visit Site | |
Goldco | Robinhood | |
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Free Gold IRA Kit - | Get a Free Stock (worth between $5 and $200) - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading | ||
Annual Fee | ||
Cryptocurrency Trading | ||
Minimum Deposit | ||
Mutual Fund Trading | ||
Commission Free ETFs | All U.S. listed ETFs | |
Phone Support | ||
Live Chat Support | Available 24/7 (requires sign in) | |
Email Support | ||
Human Advisors | ||
Robo Advisor | ||
Assets Under Management | ||
Penny Stocks | ||
Gold IRA | ||
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Broker Assisted Trades | ||
Good For | ||
Inactivity Fee | ||
Maintenance Fee | ||
Online Platform | ||
Setup Fee | ||
iPhone App | ||
Android App | ||
Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
Mobile App | ||
Desktop App | ||
Silver IRA | ||
Wire Transfer Fee | ||
Platinum IRA | ||
Palladium IRA | ||
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 | |
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 | ||
Fees | ||
Gold IRA | ||
Customer Service | ||
Safety | ||
Stock Trading | ||
Options Trading | ||
Mobile App | ||
Commissions and Fees | ||
Ease of Use | ||
Research | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Very reputable Gold IRA account, but preferred custodian's fees may be higher than competitors... | 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. Goldco: The required minimum purchase at Goldco to start a gold IRA is $25,000. Goldco’s preferred Custodian charges a flat annual account service fee which includes a one-time IRA account set-up fee of $50, as well as a $30 wire fee. Annual maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can vary depending on the company you select to handle these services (required by the IRS, as all IRA assets must be managed by a custodian). Depending on the Custodian, storage fees can range from $10 to $60 per month, or as a percentage of assets, from 0.35% to 1% annually. Goldco does not charge any storage fees for cash transactions over $25,000. Robinhood: Pricing information from published websites as of 04/18/2020. |
Free Gold IRA Kit
- Up to $10,000 in free silver for eligible customers
- Highest buyback price, guaranteed
- Endorsed by Sean Hannity and Chuck Norris
Get Up to $10,000 in Free Silver
Open a qualifying gold IRA and get up to $10,000 in free silver
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: Goldco or Robinhood?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Goldco or iTrustCapital.
In short: Goldco's customer service is outstanding. Robinhood's minimum deposit is impressive.