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Robinhood vs Coinbase

Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Coinbase? 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 Coinbase is a large, beginner-friendly crypto exchange with relatively high fees. Through their easy-to-use app they offer a range of features including staking, educational rewards, and limited crypto-backed loans.

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

 RobinhoodCoinbase
 Visit SiteVisit Site
 

Robinhood

Coinbase

OFFER
Get a Free Stock (worth between $2.50 and $225) - Learn More

Read Robinhood Review

SPECIAL OFFER
Get $5 in Free Bitcoin for Signing Up - Learn More

Read Coinbase Review

 

Benefits and Features

Stock Trading
$0
No
Options Trading
$0
No
Annual FeeAll trades are commission-free. No platform fees. 
Cryptocurrency Trading
Check
Check
Minimum Deposit
$0
 
Mutual Fund Trading
No
 
Commission Free ETFsAll U.S. listed ETFs 
Phone Support
No
 
Live Chat Support
No
 
Email Support
Yes
 
Human Advisors
No
 
Robo Advisor
No
 
Cryptocurrencies SupportedETC, ETH, BSV, BCH, BTC, DOGE, LTC
50
Fiat Currencies Supported
USD
USD, GBP, EUR
Digital Wallet
No
Yes
Tax Loss Harvesting
No
 
Transaction Fee
No
Greater of Minimum Flat Fees or Variable Fees (1.49%+) by Location and Payment Method
Minimum Flat Fees:
< $10: $0.99
$10.01 - $25: $1.49
$25.01 - $50: $1.99
$50.01 - $200: $2.99
Copy Trading
No
No
Limit Orders
Yes
No
Goal Tracker
No
 
Interest Accounts
Up to 0.30%
USDC only, 1.25% APY
Automatic Deposits
Yes
 
Crypto Loans
No
Invitation only
Broker Assisted Trades
Not available
 
Good For
Beginners; Active traders
 
Inactivity Fee
$0
 
Maintenance Fee
$0
 
Online Platform
Yes
 
Ethereum (ETH) Interest Rates 
6.0%
iPhone App
Yes (4 stars, 3.2m ratings)
 
Android App
Yes (1.4 stars, 360k ratings)
 
Bank Account Purchase Fee
No
1.49%
Debit Card Purchase Fee
No
3.99%
USD Coin (USDC) Interest Rates 
0.15%
BankingNo service fees for Robinhood Cash Management account. Free debit card with no in-network ATM fees or foreign transaction fees 
Mobile App
Yes
Yes
ACH Transfer Fee
No
Free
Wire Transfer Fee
No
$10 ($25 outgoing)
Crypto Conversion Fee
No
up to 2%
Anonymity
No
No
Biometric Login
TouchID or FaceID
Yes
Cold Storage
Yes
Yes
Insured USD balances FDIC insured up to $250k
Maximum Trading Amount
No
Unlimited
Two-Factor Authentication
Yes
SMS or Google Authenticator
Withdrawal Limit
$50,000 per business day
$50,000 / day
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

 RobinhoodCoinbase
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarEmpty Star
Mobile AppStarStarStarStarEmpty StarStarStarStarStarStar
Commissions and FeesStarStarStarStarStarStarStarStarHalf StarEmpty Star
Ease of UseStarStarStarStarStarStarStarStarStarStar
ResearchStarEmpty StarEmpty StarEmpty StarEmpty StarStarStarStarStarStar
Cryptocurrency TradingStarStarStarStarStar
Interest AccountsStarStarEmpty StarEmpty StarEmpty Star
Crypto LoansStarEmpty StarEmpty StarEmpty StarEmpty Star
SafetyStarStarStarStarHalf Star
Pros & ConsPros:
  • Commission-free trades
  • No minimum
  • Extended trading hours
Cons:
  • No IRAs
  • Limited research
  • No mutual funds & bonds
Pros:
  • Simple interface for beginners
  • Over 60 supported coins
  • Earn cryptos by learning
  • Coinbase Pro platform has lower fees
Cons:
  • Expensive and complex trading fee structure
  • Only email support
Bottom LineFree way to trade stocks with limited bells and whistles... Read full reviewGood beginner-friendly exchange with relatively high fees... 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.

Coinbase: Pricing information from published website as of 04/13/2021.

Which is Better: Robinhood or Coinbase?

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 is impressive. Coinbase's mobile app and research are excellent.


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.

Robinhood Alternatives

When it comes to buying stocks online, many think of Robinhood first. But how do other apps compare? Review these popular Robinhood alternatives.

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 Coinbase

Coinbase Review

Coinbase is a digital currency exchange where you can buy and sell cryptocurrency. Find out if it's safe, and how it compares to other crypto exchanges.

Coinbase vs Robinhood

Investors new to crypto have no doubt heard of Robinhood and Coinbase. But which is better for crypto trading? Read on to learn the pros and cons of each.

Coinbase vs BlockFi

Coinbase and BlockFi are some of the biggest names in crypto trading. But how do you choose which platform to use? Get to know the pros and cons of each.

Coinbase Alternatives

Coinbase is the most popular crypto exchange, but it's also expensive. See how it compares against alternatives like eToro, BlockFi, Gemini, and more.

Which Do You Think is Best?





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