Robinhood vs Alto
Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Alto? 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 $5/month.
While Alto is an IRA custodian that lets you invest in a variety of unique alternative assets, such as crypto, real estate, land, venture capital, and more. Alto CryptoIRA offers over 200+ coins and has no account fees.
Compare Robinhood with Alto, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
 | | |
Robinhood | Alto | |
|---|---|---|
Get a Free Stock (worth between $5 and $200) - | Alto CryptoIRA® - | |
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 | ||
| Email Support | ||
| Human Advisors | ||
| Robo Advisor | ||
| Assets Under Management | ||
| Cryptocurrencies Supported | ETC, ETH, BSV, BCH, BTC, DOGE, LTC, COMP, MATIC, SOL, SHIB, AVAX, ADA, LINK, XLM, UNI, USDC | |
| Fiat Currencies Supported | ||
| Digital Wallet | ||
| Tax Loss Harvesting | ||
| Transaction Fee | ||
| Goal Tracker | ||
| Automatic Deposits | ||
| Broker Assisted Trades | ||
| Good For | ||
| Inactivity Fee | ||
| Maintenance Fee | ||
| Online Platform | ||
| Setup Fee | ||
| iPhone App | ||
| Android App | ||
| Mobile App | ||
| Wire Transfer Fee | ||
| Cold Storage | ||
| Two-Factor Authentication | ||
| Withdrawal Limit | None. 10% penalty under 59 1/2 years old | |
| Locations | ||
| Online Community | ||
| Seminars | ||
| Virtual Trading | ||
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | ||
| 529 Plans | ||
CreditDonkey® Reviews | ||
| | |
| Stock Trading |  | |
| Options Trading |  | |
| Minimum Deposit | | |
| Customer Service | | |
| Mobile App | | |
| Commissions and Fees | |  |
| Ease of Use | | |
| Research | | |
| Cryptocurrency Trading | | |
| Safety | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Free way to trade stocks with limited bells and whistles... | Low cost IRA provider for investing in alternative assets and cryptos... |
| | |
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 04/18/2020. Alto: Pricing information from published website as of 02/08/2022. | ||
Commission-Free Options Investing
Robinhood offers commission-free and no monthly fee options trading.
Alto CryptoIRA®
- Easy access to more than 175 cryptocurrencies, like Bitcoin, Ethereum, and Solana
- Tax advantages of an IRA
- No setup or monthly account fees
- No account minimums
- $10 minimum investment
Alto IRA
- Invest retirement funds in alternative assets such as fine art, venture capital, startups, real estate, land, and more
- Get access to network of 75+ partners
- No hidden fees
Which is Better: Robinhood or Alto?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Robinhood or eToro.
Articles on Robinhood
Robinhood Review
Robinhood Alternatives
Buy Bitcoin on Robinhood or Coinbase Pro
Articles on Alto
Alto IRA Review
