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Robinhood vs BitIRA

Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to BitIRA? Read our comparison chart below.

 RobinhoodBitIRA
 Visit SiteVisit Site
 

Robinhood

BitIRA

OFFER
Get a Free Stock (worth between $5 and $200) - Learn More

Read Robinhood Review

SPECIAL OFFER
Invest in Cryptocurrencies Tax Free with IRA - Learn More

Read BitIRA Review

 

Benefits and Features

Stock Trading
$0
 
Options Trading
$0
 
Annual Fee
None
 
Cryptocurrency Trading
Check
 
Minimum Deposit
$0
$5,000
Mutual Fund Trading
No
 
Commission Free ETFsAll 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 SupportedETC, ETH, BSV, BCH, BTC, DOGE, LTC, COMP, MATIC, SOL, SHIB, AVAX, ADA, LINK, XLM, UNI, USDC18 (Bitcoin, Bitcoin Cash, Chainlink, Ethereum, Ethereum Classic, Litecoin, Zcash, Stellar Lumens, Aave, Basic Attention Token, The Graph, Livepeer, Maker, yearn.finance, Decentraland, Dai, Uniswap, Compound)
Fiat Currencies Supported
USD
USD
Digital Wallet
No
Yes
Tax Loss Harvesting
No
 
Transaction Fee
No
Undisclosed
Goal Tracker
No
 
Automatic Deposits
Yes
 
Broker Assisted Trades
Not available
 
Good For
Beginners; Active traders
 
Inactivity Fee
$0
 
Maintenance Fee
$0
 
Online Platform
Yes
 
Setup Fee 
$0
iPhone App
Yes (4.2 stars, 4m ratings)
 
Android App
Yes (3.8 stars, 453k ratings)
 
Mobile App
Yes
 
Wire Transfer Fee
No
Yes
Cold Storage
Yes
Yes
Two-Factor Authentication
Yes
Yes
Withdrawal Limit
$50,000 per business day
None. 10% penalty under 59 1/2 years old
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

 RobinhoodBitIRA
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarEmpty Star
Minimum DepositStarStarStarStarStar
Customer ServiceStarStarStarStarEmpty Star
Mobile AppStarStarStarStarEmpty Star
Commissions and FeesStarStarStarStarStarStarStarStarEmpty StarEmpty Star
Ease of UseStarStarStarStarStarStarStarStarStarEmpty Star
ResearchStarEmpty StarEmpty StarEmpty StarEmpty StarStarStarEmpty StarEmpty StarEmpty Star
Cryptocurrency TradingStarStarStarHalf StarEmpty Star
SafetyStarStarStarStarStar
Pros & ConsPros:
  • Commission-free trades
  • No minimum
  • Extended trading hours
Cons:
  • No IRAs
  • Limited research
  • No mutual funds & bonds
Pros:
  • World class security
  • Excellent customer support
Cons:
  • Limited cryptos
  • Account opening takes a few weeks
  • No DIY trading
Bottom LineFree way to trade stocks with limited bells and whistles... Read full reviewCrypto IRA platform for those looking for hands-on assistance and high security... 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.

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

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.

BitIRA

Free Ledger Nano S for New Customers

Have an IRA or old 401k with over $5,000? New qualified customers will receive a free Ledger Nano S (a $60 value) along with their purchase of cryptocurrency in their IRA account.

Which is Better: Robinhood or BitIRA?

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

In short: Robinhood's commissions and fees and ease of use are impressive.


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.

Articles on BitIRA

BitIRA Review

BitIRA is an IRA custodian which lets you invest in cryptocurrency for your retirement. But is it right for you? Keep reading to find out.

Which Do You Think is Best?





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