TD Ameritrade vs Robinhood

Struggling to choose between TD Ameritrade and Robinhood? Both products offer unique advantages, making it a tough decision.

TD Ameritrade is a Business & Commerce solution with tags like brokerage, stocks, options, etfs, mutual-funds, futures, forex, bonds.

It boasts features such as Comprehensive investment options (stocks, options, ETFs, mutual funds, futures, forex, bonds, etc.), Advanced trading platforms (thinkorswim, web-based, mobile), Extensive research and analysis tools, Educational resources and investor education, 24/5 customer service, Robust security and account protection measures, Margin trading and short-selling capabilities, Retirement planning and investment management services and pros including Wide range of investment products and services, Powerful trading platforms with advanced features, Extensive research and educational resources, 24/7 customer support, Strong reputation and financial stability.

On the other hand, Robinhood is a Business & Commerce product tagged with stocks, cryptocurrency, mobile, free, novice-investors.

Its standout features include Commission-free trading of stocks, ETFs, options and cryptocurrencies, Fractional share investing, Intuitive mobile app interface, Research tools like analyst ratings and price targets, Cash management account with debit card, and it shines with pros like No trade commissions or account minimums, Easy to use interface good for beginners, Fractional shares allow investing small amounts, Large selection of assets to trade.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

TD Ameritrade

TD Ameritrade

TD Ameritrade is an online brokerage firm that offers investing and trading services, including stocks, options, ETFs, mutual funds, futures, forex, bonds, and more. It has $1.7 trillion in client assets and offers advanced platforms, research tools, education, and 24/5 customer service.

Categories:
brokerage stocks options etfs mutual-funds futures forex bonds

TD Ameritrade Features

  1. Comprehensive investment options (stocks, options, ETFs, mutual funds, futures, forex, bonds, etc.)
  2. Advanced trading platforms (thinkorswim, web-based, mobile)
  3. Extensive research and analysis tools
  4. Educational resources and investor education
  5. 24/5 customer service
  6. Robust security and account protection measures
  7. Margin trading and short-selling capabilities
  8. Retirement planning and investment management services

Pricing

  • Subscription-Based

Pros

Wide range of investment products and services

Powerful trading platforms with advanced features

Extensive research and educational resources

24/7 customer support

Strong reputation and financial stability

Cons

Relatively high commissions and fees compared to some competitors

Complex platform setup and learning curve for new users

Limited customization options for some trading tools

Limited international trading capabilities


Robinhood

Robinhood

Robinhood is a popular free stock trading app that allows users to buy and sell stocks, ETFs, options and cryptocurrencies with no commissions or fees. It has an easy-to-use mobile interface aimed at novice investors.

Categories:
stocks cryptocurrency mobile free novice-investors

Robinhood Features

  1. Commission-free trading of stocks, ETFs, options and cryptocurrencies
  2. Fractional share investing
  3. Intuitive mobile app interface
  4. Research tools like analyst ratings and price targets
  5. Cash management account with debit card

Pricing

  • Free

Pros

No trade commissions or account minimums

Easy to use interface good for beginners

Fractional shares allow investing small amounts

Large selection of assets to trade

Cons

No retirement accounts like IRAs offered

Limited customer service and support

Frequent outages during peak trading times

Limited research and analysis tools compared to full-service brokers