Save money and be informed. CreditDonkey is a personal finance comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Nexo vs Robinhood

Nexo is a safe way to earn interest on crypto assets. How does it compare to Robinhood? Read our comparison chart below.

Nexo is a crypto banking platform offering high interest rates on a variety of cryptocurrencies and stablecoins along with crypto-backed loans. Users can earn interest on EUR, GBP, and USD. They also have a limited exchange.

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

 NexoRobinhood
 Visit SiteVisit Site
 

Nexo

Robinhood

SPECIAL OFFER
Welcome Bonus: Deposit $1000 and Get $100 in BTC - Learn More

Read Nexo Review

OFFER
Get a Free Stock (worth between $2.50 and $225) - Learn More

Read Robinhood Review

 

Benefits and Features

Stock Trading 
$0
Options Trading 
$0
Annual Fee 
None
Cryptocurrency Trading 
Check
Minimum Deposit 
$0
Mutual Fund Trading 
No
Commission Free ETFs All U.S. listed ETFs
Phone Support 
24/7
Live Chat Support 
No
Email Support 
Yes
Human Advisors 
No
Robo Advisor 
No
Assets Under Management 
$80 Billion
Cryptocurrencies SupportedBTC, ETH, LTC, XRP, EOS, XLM, BCH, USDT, USDC, USDP, TUSD, DAI, USDX, EURX, GBPX, DOT, BNB, LINK, TRX, PAX Gold, ADA, SOL, DOGE, AVAX, AXS, MATIC, LUNAETC, ETH, BSV, BCH, BTC, DOGE, LTC, COMP, MATIC, SOL, SHIB
Fiat Currencies Supported
Over 40
USD
Digital Wallet
Yes
No
Tax Loss Harvesting 
No
Transaction Fee
No
No
Copy Trading
No
No
Limit Orders
No
Yes
Goal Tracker 
No
Interest AccountsUp to 20% APR (Not Available in US)
Up to 0.30%
Automatic Deposits 
Yes
Crypto Loans
Yes
No
Bitcoin (BTC) Interest Rates
4.0 - 8.0%
 
Broker Assisted Trades 
Not available
Good For 
Beginners; Active traders
Inactivity Fee 
$0
Maintenance Fee 
$0
Online Platform 
Yes
Ethereum (ETH) Interest Rates
4.0 - 8.0%
 
iPhone App 
Yes (4.2 stars, 4m ratings)
Android App 
Yes (3.8 stars, 453k ratings)
Bank Account Purchase Fee
No
No
Litecoin (LTC) Interest Rates
4.0 - 8.0%
 
Debit Card Purchase Fee
No
No
Tether (USDT) Interest Rates
8.0 - 12.0%
 
USD Coin (USDC) Interest Rates
8.0 - 12.0%
 
Banking Robinhood Cash Card (coming soon). No monthly fee, minimum balance, or overdraft fees; Ability to earn stock and crypto rewards.
Mobile App
Yes
Yes
ACH Transfer Fee
No
No
Wire Transfer Fee
No
No
Crypto Conversion Fee
No
No
Anonymity
No
No
Biometric Login
Yes
TouchID or FaceID
Cold Storage
Yes
Yes
Maximum Trading Amount$100,000 USD per transaction with no transaction limit per day
No
Two-Factor Authentication
Yes
Yes
Withdrawal LimitFree withdrawals depend on loyalty tier:
Basic: 1 per month
Silver: 2 per month
Gold: 3 per month
Platinum: 5 per month
$50,000 per business day
Locations 
No
Online Community 
No
Seminars 
No
Virtual Trading 
No
Fractional Shares 
Yes
Taxable Accounts 
Yes
401k Plans 
No
IRA Accounts 
No
Roth IRA Accounts 
No
SEP IRA Accounts 
No
Trust Accounts 
No
529 Plans 
No
 

CreditDonkey® Reviews

 NexoRobinhood
Interest AccountsStarStarStarStarStar
Commissions and FeesStarStarStarStarStarStarStarStarStarStar
SafetyStarStarStarStarEmpty Star
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarEmpty Star
Minimum DepositStarStarStarStarStar
Customer ServiceStarStarStarStarEmpty Star
Mobile AppStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStar
ResearchStarEmpty StarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • Good APY
  • Comprehensive mobile app
  • Advanced security features
Cons:
  • Limited educational tools
Pros:
  • Commission-free trades
  • No minimum
  • Extended trading hours
Cons:
  • No IRAs
  • Limited research
  • No mutual funds & bonds
Bottom LineSafe way to earn interest on crypto assets... Read full reviewFree way to trade stocks with limited bells and whistles... Read full review
 Visit SiteVisit Site

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

Nexo: Pricing information from published website as of 01/26/2022. Nexo Earn Interest is not available in the United States.

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

Nexo

Welcome Bonus: Deposit $1000 and Get $100 in BTC

Sign up for a new Nexo account, and make a top-up of at least $1,000.

Nexo

Welcome Bonus: Deposit $100 and Get $10 in BTC

Sign up for a new Nexo account, and make a top-up of at least $100.

Robinhood

Commission-Free Trades

Trade stocks, funds, options, and cryptocurrencies

Robinhood

Commission-Free Options Investing

Robinhood offers commission-free and no monthly fee options trading.

Which is Better: Nexo or Robinhood?

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


Articles on Nexo

Nexo Review

Nexo offers a way to earn interest on your crypto holdings, borrow cash or stablecoins, and spend your crypto in the real world. But is it safe?

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.

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?

Robinhood Alternatives

When it comes to buying stocks online, many think of Robinhood first. But how do other apps compare? Is there a better commission fee-free app?

Robinhood App

Thinking about trading on Robinhood? Good job on getting started investing! But first, there are 7 things you need to know before investing on Robinhood.

Which Do You Think is Best?





You Might Also Like

Income-Generating Assets

Income-Generating Assets

Grow your income with smart investments. From real estate to crypto, here are the best income-generating assets, including examples for beginners.
Best Cryptocurrency Exchange

Best Cryptocurrency Exchange

Want to invest in crypto? The right platform can help you start trading. Here are the best exchanges to safely buy bitcoin and other cryptos.

Next Page:

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.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2022 CreditDonkey Inc. All Rights Reserved.