Robinhood vs Ellevest

Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Ellevest? 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 Ellevest is a robo-advisor aimed to serve women's needs. It specially tailors portfolios for women's financial goals and life cycles. Fees are low starting at $1/mo and there is no minimum balance for the basic account.

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

	Robinhood	Ellevest


	OFFER Get a Free Stock (worth between $2.50 and $225) - Learn More Read Robinhood Review	SPECIAL OFFER Become a Member - Learn More Read Ellevest Review
	Benefits and Features
Stock Trading	$0
Options Trading	$0
Annual Fee	None	$1/mo for Essential Plan $5/mo for Plus Plan $9/mo for Executive Plan
Cryptocurrency Trading
Minimum Deposit	$0	$0 for all membership tiers
Mutual Fund Trading	No
Commission Free ETFs	All U.S. listed ETFs
Phone Support	24/7	Yes - normal business hours
Live Chat Support	No	No
Email Support	Yes	Yes
Human Advisors	No	Discounts for members for coaching sessions
Robo Advisor	No
Assets Under Management	$80 Billion	$280 Million
Tax Loss Harvesting	No	No
Goal Tracker	No	Yes
Automatic Deposits	Yes	Yes
Broker Assisted Trades	Not available
Good For	Beginners; Active traders
Inactivity Fee	$0
Maintenance Fee	$0
Online Platform	Yes	Yes
iPhone App	Yes (4.2 stars, 4m ratings)	Yes
Android App	Yes (3.8 stars, 453k ratings)	Yes
Banking	Robinhood Cash Card (coming soon). No monthly fee, minimum balance, or overdraft fees; Ability to earn stock and crypto rewards.	Spend and Save accounts*; No minimum balance and no monthly service fees
Mobile App	Yes	Yes
Two-Factor Authentication	Yes
Locations	No
Online Community	No
Seminars	No
Virtual Trading	No
Fractional Shares	Yes	Yes
Taxable Accounts	Yes	Yes
401k Plans	No	No
IRA Accounts	No	Yes
Roth IRA Accounts	No	Yes
SEP IRA Accounts	No	Yes
Trust Accounts	No	No
529 Plans	No	No
	CreditDonkey® Reviews

Stock Trading
Options Trading
Minimum Deposit
Customer Service
Mobile App
Commissions and Fees
Ease of Use
Research
Annual Fee
Human Advisors
Pros & Cons	Pros: Commission-free trades No minimum Extended trading hours Cons: No IRAs Limited research No mutual funds & bonds	Pros: Focused on women's needs $0 minimum Starts at $1/mo Cons: Limited account options No tax loss harvesting Uncertain future
Bottom Line	Free way to trade stocks with limited bells and whistles... Read full review	Women-focused robo-advisor tailored to women's life cycles and goals... Read full review

	Get a Free Stock (worth between $2.50 and $225) Commission-Free Trades Commission-Free Options Investing	Become a Member Ellevest Essential with 20% Off Coaching Ellevest Executive with 50% Off Coaching
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. Ellevest: Pricing information from published website as of 08/10/2020

Get a Free Stock (worth between $2.50 and $225)

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 Ellevest?

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.