TD Ameritrade vs. Robinhood

Page Summary

TD Ameritrade and Robinhood are the best US-based online brokers. TD Ameritrade is the leading US-based stockbroker with an excellent trading platform. It has a banking history, a presence on a stock exchange, and competitive fees. We recommend it for experienced and beginner traders as it offers reliable learning resources and professional tools. 

Robinhood is the leading online platform for traders in the United States. It is a good choice for active traders and long-term investors because of its excellent mobile app and fee structure. We recommend Robinhood for experienced traders based in the USA. 

Both brokerage firms have strengths and weaknesses. This article discusses the differences between TD Ameritrade and Robinhood. 

Select up to 3 Brokers

24Option
ActivTrades
Admiral Markets
ADSS
Ally Invest
Alpaca Markets
Alpari
Alvexo
Amana Capital
AMP Futures
AMP Global
ARMO Broker
AVAtrade
Axi
Axiory
Ayrex
Binary.com
BinaryCent
Binomo
BlackBull Markets
Brokerpoint
Capex (Ex. CFD Global)
Capital.com
Captrader
Charles Schwab
ChoiceTrade
City Index
CMC Markets
Comdirect
Davy Select
Degiro
Dukascopy
E-Trade
EasyEquities
Eightcap
eOption
eToro
ETX Capital
ExpertOption
FBS
Fidelity
FinmaxFX
Finq.com
Firstrade
Flatex
Forex.com
FP Markets
Fusion Markets
FX Trading
FXCM
FXPro
FXTM
GoMarkets
HYCM
IC Markets
IG Trading
Interactive Brokers
Internaxx
IQ Option
IQCent
IronFX
Libertex
Lightspeed
LiteFinance
Markets.com
Merrill Edge
Moneta Markets
Multibank
Naga
Next Markets
Ninja Trader
Oanda
OctaFX
Olymp Trade
OneRoyal
Optimus Futures
OptionRobot.com
Passfolio
Pepperstone
Plus500
Pocket Option
Questrade
RaceOption
Rakuten Securities
Revolut
Robinhood
RoboForex
Sarwa
Saxo Bank
Skilling
SogoTrade
Spreadex
Swissquote
Tastytrade
TD Ameritrade
ThinkMarkets
Tickmill
TMGM
Toroption
Trade Nation
TradeStation
Trading212
Vantage
VT Markets
Webull
XM
XTB
Zacks Trade
Zerodha
Compare brokers

BROKER COMPARISON

TD Ameritrade logo
Robin Hood logo

Overall rating

4,1/5

3,9/5

Overall rating

4,1/5

3,9/5

Trading Platform & Tools

4.4

4.4

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:2 1:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.6

4.0

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 1.3 pips 1.3 pips
Stocks & ETF $6.95 $6.95
CFD (Gold) 0 0
Crypto 0 0
Options 0.65 per options contract fee 0.65 per options contract
Conversion Fees $75 transfer fee $75 transfer fee
Misc. Fees 0 0
Overnight Fees 0 0

Mobile Trading

5.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

1.9

0.6

See details
Minimum deposit (in UAE) 0 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.9

3.7

See details
Shares 3700 5000
ETF & Funds 13000 37
Crypto 0 0
Commodities 10 0
Indices 12 5
Options 0 650
Futures 70 0
Bonds 40000 0
Forex 70 0
CFD Indices & Funds 0 0
CFD Stocks 0 0
CFD Commodities 0 0
CFD Crypto 0 0
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.3

4.3

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.0

4.0

See details
Email
Phone
Live Chat
24/7 support
Multilingual English / Spanish English / Spanish
Personal Account Manager

Winner

Top findings from the TD Ameritrade vs. Robinhood review: 

  1. TD Ameritrade has top-tier licenses, two mobile platforms, and excellent learning tools. 
  2. Robinhood is a perfect choice for experienced investors because of its free-to-use platform and top-tier mobile app. 
  3. TD Ameritrade offers many tradable instruments and has no fees for deposit, withdrawal, and inactivity. 

We recommend TD Ameritrade for investors of all levels of experience. Robinhood is a better choice for US-based professional traders because of the limited tools and educational resources. 

Level of experience 

Beginner investors prefer TD Ameritrade instead of Robinhood. TD Ameritrade has Paper Trading, Videos, Educational materials, and several other reliable learning tools. Robinhood offers no direct research and learning tools, but it has limited access to trading articles. 

Fees 

TD Ameritrade and Robinhood have similar pricing structures. Regular stock trades with both brokers cost $0. Robinhood has a $0 per contract rate, less than TD Ameritrade, which charges a $0.65 fee. 

Assets 

TD Ameritrade has a more complete investment offering than Robinhood. TD Ameritrade offers stock trading, options trading, ITCBB, mutual funds, futures trading, forex trading, international trading, and advisor services. TD Ameritrade has 12,330 total mutual funds, while Robinhood offers 0. 

Robinhood is the better choice for Bitcoin trading in the US, along with options trading, stock trading, and fractional shares. 

Trading platform 

TD Ameritrade has excellent trading platforms which focus on learning tools. It has professional learning and trading tools available across all its platforms. As a result, TD Ameritrade offers a better experience with superior market research, trading ideas, and educational materials. 

Robinhood is popular because of its impressive mobile app designed to execute proven strategies for long-term investors. It offers professional watch lists and basic charting for experienced traders. The web platform is straightforward, but it is challenging to learn by beginners. Robinhood has no desktop platform. 

Banking services 

Banking services are an asset for traders of all levels of experience. TD Ameritrade offers its clients checking accounts, debit cards, and credit cards. Robinhood only offers debit cards.   

Final verdict 

TD Ameritrade and Robinhood are some of the best online brokers. Both have advantages and disadvantages depending on your trading experience and location. We recommend Robinhood to US-based investors who want access to professional tools. Our top choice for beginner traders remains TD Ameritrade because of its impressive research and learning tools. 

For full review please visit:
TD Ameritrade
Robinhood

This site is registered on wpml.org as a development site.