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Comparison Robinhood vs TD Ameritrade

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Robinhood vs TD Ameritrade. Is Robinhood or TD Ameritrade a better online broker?

First of all, we’ll compare the commission fees of the two brokers. Robinhood has a commission fee of commission-free, and TD Ameritrade has a commission fee of $6.95. When analyzing trading options, the commission fees of Robinhood is commission-free, and that one of TD Ameritrade is $6.95 + $0.75. The full online broker reviews contains more detailed information on the brokers’ commission fees.

Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are Robinhood provides customers with Stocks Trading, Options Trading, ETFs Trading, Crypto Trading, and TD Ameritrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading. Concerning the platforms, Robinhood uses Web Platform, Android App, iOS App, while TD Ameritrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Robinhood was established in 2013 in USA, and it is regulated by SEC, FINRA. And TD Ameritrade was established in 1975 in USA, and it is regulated by SEC, FINRA. Withdrawal of funds from Robinhood can be done using Bank Wire with a withdrawal fee of free. And TD Ameritrade provides the ability to withdraw funds using Bank Wire with a withdrawal fee of free. The time for withdrawal in Robinhood is 5 days trading holding period for uninvested funds, and that one in TD Ameritrade is one Business Day.

As a result, the rating of Robinhood is 3.4 stars versus that of TD Ameritrade of 4.5 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
Robinhood
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
TD Ameritrade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
Futures
Cryptocurrency
Robinhood
Stock
Commission-free
ETFs
Commission-free
Options
Commission-free
Mutual Funds
N/A
Bonds
N/A
Forex Spreads
N/A
Futures
N/A
Cryptocurrency
Commission-free
TD Ameritrade
Stock
$6.95
ETFs
Commission-free
Options
$6.95 + $0.75
Mutual Funds
Commission-free
Bonds
Commission-free
Forex Spreads
$0.10 per 1,000 units
Futures
$2.25 fee per contract
Cryptocurrency
N/A

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robinhood
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
TD Ameritrade
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Robinhood
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
TD Ameritrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
Robinhood
Research & Analysis
Education
Demo account
TD Ameritrade
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Robinhood
Android App
iOS App
TD Ameritrade
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Robinhood
Minimum deposit
None
Bank Wire
TD Ameritrade
Minimum deposit
None
Bank Wire

Withdrawals

Withdrawals
Bank Wire
Withdrawal Time
Withdrawal Fee
Robinhood
Bank Wire
Withdrawal Time
5 days trading holding period for uninvested funds
Withdrawal Fee
Free
TD Ameritrade
Bank Wire
Withdrawal Time
One Business Day
Withdrawal Fee
Free

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Robinhood
Сountry of Origin
United States
Year Founded
2013
Regulated By
SEC, FINRA
TD Ameritrade
Сountry of Origin
United States
Year Founded
1975
Regulated By
SEC, FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
Robinhood
Phone
No
Email
Yes
Live Chat
No
TD Ameritrade
Phone
Yes
Email
Yes
Live Chat
Yes (In-App Chat)

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