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

	Visit Site	Learn More
	OFFER Get a Free Stock (worth between $5 and $200) - 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	None
Cryptocurrency Trading	$0
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	650-761-7789 (available 24/7)
Live Chat Support	Available 24/7 (requires sign in)
Email Support	Yes
Human Advisors	No
Robo Advisor	No
Assets Under Management	$102 Billion
Penny Stocks	Yes
Tax Loss Harvesting	No
Goal Tracker	No
Automatic Deposits	Yes
Broker Assisted Trades	Not available	$25.00
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 (4.2 stars, 4.3M ratings)
Android App	Yes (4.1 stars, 483k ratings)
Banking	Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank	No
Mobile App	Yes	Yes
Desktop App	None	Yes
Two-Factor Authentication	Device approvals, Authenticator app, SMS
Forex Trading	No	Yes
Futures Trading	No	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	Monday-Friday 8am -10pm ET
Locations	No	No
Online Community	No	No
Seminars	Yes	Yes
Trading Platform	Web Trading, Mobile Apps
Virtual Trading	No	No
Fractional Shares	Yes
Taxable Accounts	Yes
401k Plans	No
IRA Accounts	Yes
Roth IRA Accounts	Yes
SEP IRA Accounts	No
Trust Accounts	No
529 Plans	No
	CreditDonkey® Reviews

Stock Trading
Options Trading
Minimum Deposit
Mobile App
Commissions and Fees
Customer Service
Ease of Use
Research
Mutual Fund Trading
Pros & Cons	Pros: Commission-free trades No minimum Extended trading hours Cons: 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
	Visit Site	Learn More
	Get a Free Stock (worth between $5 and $200) Buy and Sell Cryptocurrency Commission-Free Trades
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 10/17/2023.

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 Vanguard?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Robinhood or Goldco.

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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Vanguard Brokerage may be a full-service broker, but typically long-term investors preferring ETFs and mutual funds see the greatest return on their investment with them.