Comparison Robinhood vs Vanguard

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Robinhood vs Vanguard. Which of them: Robinhood or Vanguard a better online broker?

First of all, we’ll compare the commission fees of the two brokers. The commission fee of Robinhood on regular transactions of the stock exchange is commission-free, and Vanguard has a commission fee of $7 per trade (first 25). When analyzing trading options, the commission fees of Robinhood is commission-free, and that one of Vanguard is $7+$1 per contract (first 25). 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 Vanguard provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading. As for platforms, Robinhood offers Web Platform, Android App, iOS App, while Vanguard offers Web Platform, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Robinhood was founded in 2013 in United States, and it is regulated by SEC, FINRA. And Vanguard was founded in 1975 in USA, and it is regulated by Various local Jurisdictions. We can withdraw funds from Robinhood with the help of Bank Wire, and its withdrawal fee is free. And Vanguard provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $10. The withdrawal time for Robinhood is 5 days trading holding period for uninvested funds, and that one for Vanguard is 3 Business days.

As a result, the rating of Robinhood is 3.4 stars versus that of Vanguard of 3.9 stars.