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.
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| Visit Site | Learn More | |
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 | Available 24/7 (requires sign in) | |
| Email Support | ||
| Human Advisors | ||
| Robo Advisor | ||
| Assets Under Management | ||
| Cryptocurrencies Supported | AAVE, AVAX, BTC, BCH, LINK, COMP, DOGE, ETH, ETC, LTC, SHIB, XLM, XTZ, UNI, USDC | |
| Penny Stocks | ||
| 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 | ||
| Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
| Mobile App | ||
| Desktop App | ||
| Wire Transfer Fee | ||
| Cold Storage | ||
| Two-Factor Authentication | Device approvals, Authenticator app, SMS | |
| Withdrawal Limit | None. 10% penalty under 59 1/2 years old | |
| 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 | ||
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| Stock Trading |  | |
| Options Trading |  | |
| Minimum Deposit | | |
| Mobile App | | |
| Commissions and Fees | |  |
| Customer Service | | |
| Ease of Use | | |
| Research | | |
| Cryptocurrency Trading | | |
| Safety | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Free way to trade stocks with limited bells and whistles... | Low cost IRA provider for investing in alternative assets and cryptos... |
| Visit Site | Learn More | |
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. | ||
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: 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 Goldco.
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