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

	Visit Site	Learn More
	OFFER Get a Free Stock (worth between $5 and $200) - Learn More Read Robinhood Review	SPECIAL OFFER Ellevest Executive with 50% Off Coaching - 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	$0
Minimum Deposit	$0	$0 for all membership tiers
Mutual Fund Trading	No
Commission Free ETFs	All U.S. listed ETFs
Phone Support	650-761-7789 (available 24/7)	Yes - normal business hours
Live Chat Support	Available 24/7 (requires sign in)	No
Email Support	Yes	Yes
Human Advisors	No	Discounts for members for coaching sessions
Robo Advisor	No
Assets Under Management	$102 Billion	$280 Million
Penny Stocks	Yes
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, 4.3M ratings)	Yes
Android App	Yes (4.1 stars, 483k ratings)	Yes
Banking	Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank	Spend and Save accounts*; No minimum balance and no monthly service fees
Mobile App	Yes	Yes
Desktop App	None
Two-Factor Authentication	Device approvals, Authenticator app, SMS
Forex Trading	No
Futures Trading	No
Bond Trading	No
CFD Trading	No
Currency Trading	No
Customer Service	Live Chat (24 hours via Robinhood app) Phone: 650-761-7789 (available 24/7) Email: support@robinhood.com
Locations	No
Online Community	No
Seminars	Yes
Trading Platform	Web Trading, Mobile Apps
Virtual Trading	No
Fractional Shares	Yes	Yes
Taxable Accounts	Yes	Yes
401k Plans	No	No
IRA Accounts	Yes	Yes
Roth IRA Accounts	Yes	Yes
SEP IRA Accounts	No	Yes
Trust Accounts	No	No
529 Plans	No	No
	CreditDonkey® Reviews

Stock Trading
Options Trading
Minimum Deposit
Mobile App
Commissions and Fees
Customer Service
Ease of Use
Research
Annual Fee
Human Advisors
Pros & Cons	Pros: Commission-free trades No minimum Extended trading hours Cons: 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
	Visit Site	Learn More
	Get a Free Stock (worth between $5 and $200) Buy and Sell Cryptocurrency Commission-Free Trades	Ellevest Executive with 50% Off Coaching Ellevest Plus with 30% Off Coaching Ellevest Essential with 20% 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 $5 and $200)

Get a Free Stock

Buy and Sell Cryptocurrency

Robinhood Crypto offers commission-free cryptocurrency investments 24/7. Some of the cryptocurrencies available are Bitcoin, Dogecoin, Ethereum, and Litecoin. This offer is currently available to selected states.

Get Deal

Commission-Free Trades

Get Deal

Trade stocks, funds, options, and cryptocurrencies

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 Goldco.

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