Robinhood vs Binance

Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Binance? 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 Binance is one of the largest cryptocurrency exchanges by volume in the world. They offer some of the lowest fees of any exchange and support trading of over 600 coins. They have staking options, crypto loans, and a crypto Visa card, among a range of other features.

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

	Robinhood	Binance

	Visit Site	Learn More
	OFFER Get a Free Stock (worth between $5 and $200) - Learn More Read Robinhood Review	OFFER Buy and Sell Cryptocurrency - Learn More Read Binance Review
	Benefits and Features
Stock Trading	$0
Options Trading	$0
Annual Fee	None
Cryptocurrency Trading	$0
Minimum Deposit	$0	$0 ($10 Trade Minimum)
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 Supported	AAVE, AVAX, BTC, BCH, LINK, COMP, DOGE, ETH, ETC, LTC, SHIB, XLM, XTZ, UNI, USDC	600+
Fiat Currencies Supported	USD	AED, AUD, AZN, BGN, CAD, CHF, CLP, COP, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, ILS, ISK, JPY, KES, KRW, KZT, MXN, NGN, NOK, NZD, PEN, PHP, PLN, RON, RUB, SAR, SEK, THB, TRY, TWD, UAH, UGX, USD, UYU, VND, ZAR
Digital Wallet	No	Yes
Tax Loss Harvesting	No
Transaction Fee	No	0.10% - 0.02%
Copy Trading	No	No
Limit Orders	Yes	Yes
Goal Tracker	No
Automatic Deposits	Yes
Crypto Loans	No	Yes
Broker Assisted Trades	Not available
Good For	Beginners; Active traders
Inactivity Fee	$0
Maintenance Fee	$0
Online Platform	Yes
iPhone App	Yes (4.2 stars, 4m ratings)
Android App	Yes (3.8 stars, 453k ratings)
Debit Card Purchase Fee	No	3.5% or $10, whichever is higher
Banking	No
Mobile App	Yes	Yes
ACH Transfer Fee	No	No
Wire Transfer Fee	No	Free via SWIFT from USD to BUSD
Crypto Conversion Fee	No	No
Anonymity	No	No
Biometric Login	TouchID or FaceID	Yes
Cold Storage	Yes	Yes
Maximum Trading Amount	No	Maximum order amount varies by currency
Two-Factor Authentication	Yes	Google Authenticator
Withdrawal Limit	$50,000 per business day	2BTC / day for unverified accounts; 100BTC / day for verified accounts; Wire Transfer: $7,500,000 / day
Locations	No
Online Community	No
Seminars	No
Virtual Trading	No
Fractional Shares	Yes
Taxable Accounts	Yes
401k Plans	No
IRA Accounts	Yes
Roth IRA Accounts	Yes
SEP IRA Accounts	No
Trust Accounts	No
529 Plans	No
	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: Commission-free trades No minimum Extended trading hours Cons: Limited research No mutual funds & bonds	Pros: Wide range of currencies Low fees Secure Asset Fund for users Cons: May intimidate new users
Bottom Line	Free way to trade stocks with limited bells and whistles... Read full review	Excellent crypto exchange with low prices and good selection... Read full review
	Visit Site	Learn More
	Get a Free Stock (worth between $5 and $200) Commission-Free Trades Commission-Free Options Investing	Buy and Sell Cryptocurrency
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. Binance: Pricing information from published website as of 04/13/2021.

Get a Free Stock (worth between $5 and $200)

Get a Free Stock

Commission-Free Trades

Get Deal

Trade stocks, funds, options, and cryptocurrencies

Commission-Free Options Investing

Get Deal

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

Which is Better: Robinhood or Binance?

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

In short: Robinhood's ease of use is impressive. Binance's research is noteworthy.

Articles on Robinhood

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