Robinhood vs Vanguard

Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Vanguard? 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 Vanguard offers $0 commission on stock and ETF online trades, $0 commission on Vanguard mutual funds, and no minimum deposit.

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

	Robinhood	Vanguard


	OFFER Get a Free Stock (worth between $2.50 and $225) - Learn More Read Robinhood Review	Norton Internet Security 60-day free subscription - Learn More Read Vanguard Review
	Benefits and Features
Stock Trading	$0	$0
Options Trading	$0	$0 + $1-per-contract fee. Discounts available if you have more than $1 million assets invested in Vanguard ETFs and mutual funds
Annual Fee	All trades are commission-free. No platform fees.
Cryptocurrency Trading
Minimum Deposit	$0	$0
Mutual Fund Trading	No	$0 for Vanguard mutual funds
Commission Free ETFs	All U.S. listed ETFs	Around 1,800 ETFs from about 100 other companies
Phone Support	No
Live Chat Support	No
Email Support	Yes
Human Advisors	No
Robo Advisor	No
Assets Under Management	$80 Billion
Tax Loss Harvesting	No
Goal Tracker	No
Automatic Deposits	Yes
Broker Assisted Trades	Not available	$25.00
Customer Service		Monday-Friday 8am -10pm ET
Good For	Beginners; Active traders
Inactivity Fee	$0	$0
Maintenance Fee	$0	$20/year. Waived if account owner signs up for e-delivery service OR have at least $10,000 in Vanguard ETFs and mutual funds
Online Platform	Yes
iPhone App	Yes (4 stars, 3.2m ratings)
Android App	Yes (1.4 stars, 360k ratings)
Banking	No service fees for Robinhood Cash Management account. Free debit card with no in-network ATM fees or foreign transaction fees	No
Mobile App	Yes	Yes
Desktop App		Yes
Two-Factor Authentication	Yes
Forex Trading		Yes
Futures Trading		No
Locations	No	No
Online Community	No	No
Seminars	No	Yes
Virtual Trading	No	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

Stock Trading
Options Trading
Minimum Deposit
Customer Service
Mobile App
Commissions and Fees
Ease of Use
Research
Mutual Fund Trading
Pros & Cons	Pros: Commission-free trades No minimum Extended trading hours Cons: No IRAs Limited research No mutual funds & bonds	Pros: Large selection of mutual funds and commission-free ETFs Broker assistance is available at no additional cost Easy to use Cons: Commission structure penalizes frequent traders Customer service wait times Commission costs on non-Vanguard investment options
Bottom Line	Free way to trade stocks with limited bells and whistles... Read full review	Good choice for ETF and mutual fund investors interested in Vanguard-sponsored investments... Read full review

	Get a Free Stock (worth between $2.50 and $225) Commission-Free Trades Commission-Free Options Investing
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. Vanguard: Pricing information from published websites as of 09/15/2019.

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 Vanguard?

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 stock trading, mobile app, and commissions and fees are noteworthy. In particular, the stock trading and commissions and fees are impressive. Vanguard's research is worth mentioning.

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