Online brokers compared for fees, trading platforms, safety and more. See how Robinhood stacks up against TD Ameritrade!
Last update of data—Feb 2022
Robinhood is a US-based zero-commission broker. It is overseen by FINRA, a top-tier regulator.
TD Ameritrade is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background as part of the TD Group. The brokerage was acquired by Charles Schwab Corporation in 2020. Client account conversion is expected between April and September of 2023.
Recommended for beginners and buy-and-hold investors focusing on the US stock market.
Recommended for investors and traders looking for solid research and a well-equipped desktop trading platform.
Robinhood
Robinhood is a US-based zero-commission broker. It is overseen by FINRA, a top-tier regulator.
Recommended for beginners and buy-and-hold investors focusing on the US stock market.
TD Ameritrade
TD Ameritrade is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background as part of the TD Group. The brokerage was acquired by Charles Schwab Corporation in 2020. Client account conversion is expected between April and September of 2023.
Recommended for investors and traders looking for solid research and a well-equipped desktop trading platform.
Robinhood's service is slightly weaker than TD Ameritrade's and a comparison of their fees shows that Robinhood's fees are slightly lower than TD Ameritrade's.
Account opening takes less effort at Robinhood compared to TD Ameritrade, deposit and withdrawal processes are about the same quality at Robinhood, while customer service quality is considerably lower than TD Ameritrade's.
Our experts rated the trading platform of Robinhood as being of the same quality as the platform of TD Ameritrade, found that clients have access to slightly less markets and products with Robinhood, while TD Ameritrade provides better research and education.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
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