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.
 |  | |
 | | |
Robinhood | Coinbase | |
|---|---|---|
Get a Free Stock (worth between $2.50 and $225) - | Get $5 in Free Bitcoin for Signing Up - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | ||
| Annual Fee | All trades are commission-free. No platform fees. | |
| Cryptocurrency Trading |  | |
| Minimum Deposit | ||
| Mutual Fund Trading | ||
| Commission Free ETFs | All U.S. listed ETFs | |
| Phone Support | ||
| Live Chat Support | ||
| Email Support | ||
| Human Advisors | ||
| Robo Advisor | ||
| Cryptocurrencies Supported | ETC, ETH, BSV, BCH, BTC, DOGE, LTC | |
| Fiat Currencies Supported | ||
| Digital Wallet | ||
| Tax Loss Harvesting | ||
| Transaction Fee | 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 | ||
| Limit Orders | ||
| Goal Tracker | ||
| Interest Accounts | ||
| Automatic Deposits | ||
| Crypto Loans | ||
| Broker Assisted Trades | ||
| Good For | ||
| Inactivity Fee | ||
| Maintenance Fee | ||
| Online Platform | ||
| Ethereum (ETH) Interest Rates | ||
| iPhone App | ||
| Android App | ||
| Bank Account Purchase Fee | ||
| Debit Card Purchase Fee | ||
| USD Coin (USDC) Interest Rates | ||
| Banking | No service fees for Robinhood Cash Management account. Free debit card with no in-network ATM fees or foreign transaction fees | |
| Mobile App | ||
| ACH Transfer Fee | ||
| Wire Transfer Fee | ||
| Crypto Conversion Fee | ||
| Anonymity | ||
| Biometric Login | ||
| Cold Storage | ||
| Insured | USD balances FDIC insured up to $250k | |
| Maximum Trading Amount | ||
| Two-Factor Authentication | ||
| Withdrawal Limit | ||
| Locations | ||
| Online Community | ||
| Seminars | ||
| Virtual Trading | ||
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | ||
| 529 Plans | ||
CreditDonkey® Reviews | ||
| | |
| Stock Trading |  | |
| Options Trading |  | |
| Mobile App | | |
| Commissions and Fees | |  |
| Ease of Use | | |
| Research | | |
| Cryptocurrency Trading | | |
| Interest Accounts | | |
| Crypto Loans | | |
| Safety | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Free way to trade stocks with limited bells and whistles... | Good beginner-friendly exchange with relatively high fees... |
| | |
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 Alternatives
Robinhood App
Articles on Coinbase
Coinbase Review
Coinbase vs Robinhood
Coinbase vs BlockFi
Coinbase Alternatives
Which Do You Think is Best?
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