Robinhood vs Choice IRA
Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Choice IRA? Read our comparison chart below.
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| Visit Site | Learn More | |
Robinhood | Choice IRA | |
|---|---|---|
Get a Free Stock (worth between $5 and $200) - | Pay Less Tax on Bitcoin - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | ||
| Minimum Deposit | ||
| Mutual Fund Trading | ||
| Cryptocurrencies Supported | AAVE, AVAX, BTC, BCH, LINK, COMP, DOGE, ETH, ETC, LTC, SHIB, XLM, XTZ, UNI, USDC | Aave, Basic Attention Token, Cosmos, Bitcoin, Bitcoin Cash, Chainlink, Dogecoin, EOS, Ethereum, Icon, Litecoin, Maker, Monero, Neo, Polkadot, Stellar, Tezos, Uniswap, Yearn.Finance, ZCash |
| Fiat Currencies Supported | ||
| Digital Wallet | ||
| Transaction Fee | Digital assets: $0.99 to 1% per trade Securities: $0.005 per share ($1 minimum) Metals: $40 per request | |
| Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
| Mobile App | ||
| Wire Transfer Fee | $0 incoming / $45 outgoing domestic; $85 outgoing international | |
| 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 | ||
CreditDonkey® Reviews | ||
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| Stock Trading | ||
| Options Trading | ||
| Minimum Deposit | ||
| Mobile App | ||
| Commissions and Fees | ||
| Customer Service | ||
| Ease of Use | ||
| Research | ||
| Pros & Cons | Pros:
| |
| Bottom Line | Free way to trade stocks with limited bells and whistles... | |
| 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 01/25/2025. | ||
3% Match on IRA with Robinhood Gold
Earn 3% IRA match on all eligible contributions with Robinhood Gold. Terms and conditions apply. This is a limited-time offer.
Robinhood Gold: 3.25% APY on Idle Cash
- 3.25% APY on idle cash - earn while you sleep
- Your money is FDIC-insured up to $2.5M at partner banks. No cap on earnings, withdraw or invest you money at any time.
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Which Do You Think is Best?
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