Compare Robinhood vs TD Ameritrade


Online brokers compared for fees, trading platforms, safety and more. See how Robinhood stacks up against TD Ameritrade!

Robinhood vs TD Ameritrade
overall rating
4.6
4.8
overall pros
  • Free US stock and ETF trading
  • Great mobile and web trading platforms
  • Fast and fully digital account opening
  • Low trading fees (free stock and ETF trading)
  • Superb desktop trading platform
  • Great customer support
overall cons
  • Limited product range
  • Weak customer support
  • Few educational materials
  • You can trade only in the US markets
  • Slow and not fully digital account opening
  • No credit/debit cards and electronic wallets for money transfer
fees
4.7
  • Commission-free US stock and ETF trading
  • No fee for deposit or withdrawal
  • Transparent fee structure
  • High margin rate
4.3
  • Low trading fees
  • Low non-trading fees
  • Free stocks and ETFs
  • High fund fees
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Available only for US clients
2.9
  • No minimum deposit
  • Many account types
  • Not fully digital
deposit and withdrawal
2.8
  • 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
2.2
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High withdrawal fee for wire transfers
web trading platform
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
3.8
  • User-friendly
  • Clear fee report
  • Good variety of order types
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
4.4
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
desktop trading platform
4.8
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Trading support functions
  • Great learning materials
  • No two-step (safer) login
markets and products
2.4
  • Stock
  • ETF
  • Options
  • Crypto
3.8
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
research
3.6
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
customer service
1.5
  • Fast response time
  • Relevant answers
  • No phone support
  • No live chat
  • No 24/7 support
5.0
  • Phone support
  • Live chat
  • Fast response time
education
1.5
  • Quality educational texts
  • No demo account
  • No trading platform tutorial videos
  • No educational videos
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • 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
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
recommended for Beginners and buy-and-hold investors focusing on the US stock market Investors and traders looking for solid research and a well-equipped desktop trading platform
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