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Robinhood vs Betterment
Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Betterment? Read our comparison chart below.
Robinhood offers $0 stock trades by cutting out physical offices. 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 Betterment offers automatic investing starting at $4/month for accounts with less than $20,000. There is no fee to open an account and no minimum deposit required. All balances get automatic rebalancing, tax loss harvesting, and access to financial experts.
Compare Robinhood with Betterment, side-by-side. Read on for an in-depth look, including ratings and reviews.
Index Options: $0.50 per contract ($0.35 for Gold subscribers).
Annual Fee
Starts at $0
Digital: 0.25% annual fee for accounts with $20,000 or more or with monthly recurring deposits of $250 or more, $4/month for accounts with less than $20,000
Premium: 0.65% for accounts $100,000 or more
Cryptocurrency Trading
$0
Minimum Deposit
$0
$0
Checking
No-Fee Checking
Mutual Fund Trading
No
Commission Free ETFs
All U.S. listed ETFs
Phone Support
650-761-7789 7 AM - 9 PM ET (Monday–Friday)
Yes
Live Chat Support
Available 24/7 (requires sign in)
No
Email Support
Yes
Yes
Human Advisors
No
Yes ($100k minimum)
Robo Advisor
Yes
Yes
Assets Under Management
$324 billion
$50+ Billion
Minimum Investment
$0
Penny Stocks
Yes
Tax Loss Harvesting
Yes
Yes
Goal Tracker
Yes
Yes
Automatic Deposits
Yes
Yes
Broker Assisted Trades
Not available
Good For
Beginners; Active traders
Inactivity Fee
$0
Maintenance Fee
$0
Online Platform
Yes
Yes
iPhone App
Yes (4.3 stars, 4.7M ratings)
Yes
Android App
Yes (3.8 stars, 525k ratings)
Yes
Banking
Offers Robinhood Banking, a financial services platform with checking and high-yield savings accounts, provided by Coastal Community Bank, Member FDIC, and available to Gold members.
Offers checking account with a free debit card, and a high-yield cash account
Mobile App
iOS & Android
iOS & Android
Desktop App
Yes
Two-Factor Authentication
Device approvals, Authenticator app, SMS
Forex Trading
No
Futures Trading
$0.75 per contract ($0.50 per contract for Gold subscribers)
Bond Trading
No
CFD Trading
No
Currency Trading
No
Customer Service
Live Chat (24 hours via Robinhood app)
Phone: 650-761-7789 7 AM - 9 PM ET (Monday–Friday)
Email: support@robinhood.com
Locations
No
Online Community
Yes
Seminars
Yes
Trading Platform
Desktop, Web Trading, Mobile Apps
Virtual Trading
No
Single Stock Diversification
No
Fractional Shares
Yes
Yes
Taxable Accounts
Yes
Yes
401k Plans
No
Yes
IRA Accounts
Yes
Yes
Roth IRA Accounts
Yes
Yes
SEP IRA Accounts
No
Yes
Trust Accounts
No (Robinhood is launching Trust accounts later in 2026)
Yes
529 Plans
No
No
CreditDonkey® Reviews
Stock Trading
Options Trading
Minimum Deposit
Mobile App
Commissions and Fees
Customer Service
Ease of Use
Research
Pros & Cons
Pros:
Commission-free stock trades
No minimum
Extended trading hours
Cons:
Limited research
No mutual funds & bonds
Bottom Line
Free way to trade stocks with limited bells and whistles... Read full review
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 04/20/2026.
Betterment: Pricing information from published website as of 02/20/2026.
Your money is FDIC-insured up to $2.5M at partner banks. No cap on earnings, withdraw or invest you money at any time.
Robinhood is not a bank. Robinhood Gold is offered through Robinhood Financial LLC and is a membership offering premium services available for a fee. Rate subject to change.
Which is Better: Robinhood or Betterment?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Robinhood or Webull.