| overall rating |
|
|
| overall pros |
- Low trading fees (free stock and ETF trading)
- User-friendly mobile trading platform
- Great research tools
|
- Free US stock and ETF trading
- Great mobile and web trading platforms
- Fast and fully digital account opening
|
| overall cons |
- Only US markets, no forex
- Only bank transfer
- Slow live chat
|
- Limited product range
- Weak customer support
- Few educational materials
|
|
fees
|
- Free stock and ETF trading
- Some mutual funds and bonds are free
- Low non-trading fees
- High fees for non-free mutual funds
|
- Commission-free US stock and ETF trading
- No fee for deposit or withdrawal
- Transparent fee structure
|
|
account opening
|
- Fully digital
- No minimum deposit
- User-friendly
- Slow account verification
|
- Fast
- Fully digital
- No minimum deposit
- Available only for US clients
- No IRA accounts offered
|
|
deposit and withdrawal
|
- No deposit fee
- User-friendly
- Credit/Debit card not available
- High fee for wire transfer withdrawal
|
- Free withdrawal
- No deposit fee
- Cash management service
- Credit/Debit card not available
- Depositing larger amounts on Robinhood Gold takes longer
- Wire withdrawal is pricey
|
|
web trading platform
|
- User-friendly
- Clear fee report
- Two-step (safer) login
- Limited customizability (for charts, workspace)
|
- User-friendly
- Clear fee report
- Two-step (safer) login
- Limited customizability (for charts, workspace)
|
|
mobile trading platform
|
- User-friendly
- Good search function
- Good variety of order types
|
- User-friendly
- Two-step (safer) login
- Good search function
|
|
desktop trading platform
|
|
|
|
markets and products
|
- Stock
- ETF
- Fund
- Bond
- Options
- Futures
- Crypto
|
|
|
research
|
- Good interactive chart
- Trading ideas
- Data on asset fundamentals
|
- Trading ideas
- Data on asset fundamentals
- Quality news flow
- Limited interactive charting
- No/limited set of analytic tools
|
|
customer service
|
- Phone support
- Live chat
- Relevant answers
|
- Fast response time
- Relevant answers
- No phone support
- No live chat
- No 24/7 support
|
|
education
|
- Trading platform tutorial
- Educational videos
- Good production quality
- Demo account is only for Power E*TRADE
|
- Quality educational texts
- No demo account
- No trading platform tutorial videos
- No educational videos
|
|
safety
|
- Majority of clients belong to a top-tier financial authority
- High level of investor protection
- Banking background
- No negative balance protection
|
- Majority of clients belong to a top-tier financial authority
- High level of investor protection
- Financial information is publicly available
- No negative balance protection
- Does not hold a banking license
- Not listed on stock exchange
|
| recommended for |
Investors and traders looking for solid research and a great mobile trading platform
|
Beginners and buy-and-hold investors focusing on the US stock market
|
