Written by StockBrokers.com
In this head to head comparison of Ally Invest vs Robinhood, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
When deciding between Ally Invest and Robinhood, consider your specific investment needs to make an informed choice. Ally Invest, rated 4.5 stars, offers a broad range of investment options, making it suitable for diverse portfolios. It ranks as the 8th best option for investment choices according to StockBrokers.com. Robinhood, on the other hand, is popular for its simplicity and user-friendly experience, particularly for newcomers to investing. Despite being ranked 14th with 3.5 stars, it excels in offering fractional shares and crypto trading, providing flexibility and modern trading opportunities.
Both Ally Invest and Robinhood allow for stock trading and options trading, broadening your investment avenues. They also offer margin trading and the ability to open both traditional and Roth IRA accounts, catering to diverse financial goals. However, a key differentiator is the offering of mutual funds and OTC stocks, which are available on Ally Invest but not with Robinhood, highlighting Ally Invest's advantage for traditional investors seeking diversified portfolios.
Robinhood sets itself apart with the option to trade fractional shares and cryptocurrency, supporting the modern investor interested in more contemporary assets. It stands out with access to 20 different coins for crypto enthusiasts. However, it lacks the advisor services that Ally Invest provides, which can be beneficial to investors seeking guidance from professionals. Both platforms offer traditional IRA and Roth IRA accounts, appealing to those focused on retirement savings. When choosing between these platforms, consider your priority between wide traditional asset offerings and cutting-edge trading features.
| Feature |
Ally Invest
|
Robinhood
|
|---|---|---|
| Stock Trading | Yes | Yes |
| Margin Trading | Yes | Yes |
| Fractional Shares | No | Yes |
| OTC Stocks | Yes | No |
| Mutual Funds | Yes | No |
| Options Trading | Yes | Yes |
| Futures Trading | No | No |
| Crypto Trading | No | Yes |
| Crypto Trading - Total Coins | 0 | 20 |
| Investment Options |
|
|
Dive deeper: Best Options Trading Platforms for 2024, Best Futures Trading Platforms for 2024
When comparing Ally Invest and Robinhood trading platforms and tools, Ally Invest emerges slightly ahead with a rating of 3.5 stars versus Robinhood's 3 stars, as assessed by StockBrokers.com. Moreover, Ally Invest secures the 11th spot out of 18 brokers for trading platforms and tools, while Robinhood ranks 13th. This positions Ally Invest as the preferred choice for users seeking a more feature-rich experience in online trading.
Both Ally Invest and Robinhood provide a browser-based trading platform, but neither offers a desktop downloadable version for Windows or Mac. When it comes to watch lists, Ally Invest offers a more detailed experience with 10 columns, compared to Robinhood’s 3 columns. For traders interested in charting capabilities, Ally Invest provides a superior range with 120 technical indicators and 36 drawing tools, far surpassing Robinhood's 16 indicators and 23 drawing tools. Additionally, Ally Invest features automated technical analysis, offering an edge over Robinhood, which lacks this feature.
Both platforms allow users to add notes and index overlays to charts, as well as save multiple chart profiles. However, users seeking to adjust open orders directly on a stock chart may prefer Robinhood, which offers this capability, unlike Ally Invest. Additionally, Robinhood allows users to set custom date ranges, which is something Ally Invest does not support. Despite these differences, neither platform supports paper trading or maintains a trading journal, which may be a consideration for traders seeking to practice or document their trading activities. Overall, while both brokers offer solid trading tools, Ally Invest generally provides a more robust platform for technical traders.
| Feature |
Ally Invest
|
Robinhood
|
|---|---|---|
| Web Trading Platform | Yes | Yes |
| Desktop Trading Platform | No | No |
| Desktop Platform (Mac) | No | No |
| Paper Trading | No | No |
| Watch Lists - Total Fields | 10 | 3 |
| Charting - Indicators / Studies | 120 | 16 |
| Charting - Drawing Tools | 36 | 23 |
| Platforms & Tools |
|
|
Dive deeper: Best Stock Brokers & Trading Platforms for 2024, Best Paper Trading Platforms for 2024
Open and fund & get up to $1,000.
Trade with thinkorswim®, now at Schwab.
When comparing Ally Invest and Robinhood in terms of beginner and investor education, both platforms offer comprehensive insights into stocks, ETFs, and options. However, Ally Invest surpasses Robinhood by providing educational resources on mutual funds and bonds, topics that Robinhood does not cover. Neither platform offers paper trading, educational videos, quizzes, or the ability to track learning progress, but Robinhood stands out for offering webinars, a feature not available through Ally Invest. This makes Robinhood somewhat more versatile for users who engage in live learning experiences.
In evaluating the educational offerings, Ally Invest is rated higher at 4 stars for its educational tools, compared to Robinhood's 3.5 stars. According to StockBrokers.com, Ally Invest ranks 9th out of 18 brokers, while Robinhood follows closely behind at 10th place. While both brokers are viable choices for novice investors seeking to learn about the marketplace, Ally Invest's broader educational scope provides a slight edge for those keen on expanding their knowledge across a wider array of investment vehicles.
| Feature |
Ally Invest
|
Robinhood
|
|---|---|---|
| Education (Stocks) | Yes | Yes |
| Education (ETFs) | Yes | Yes |
| Education (Options) | Yes | Yes |
| Education (Mutual Funds) | Yes | No |
| Education (Bonds) | Yes | No |
| Paper Trading | No | No |
| Videos | No | No |
| Webinars | No | Yes |
| Education |
|
|
Dive deeper: Best Stock Trading Platforms for Beginners of 2024
When it comes to choosing between Ally Invest and Robinhood for stock trading app capabilities, Robinhood takes a slight edge with a rating of 4.5 stars out of 5 compared to Ally Invest's 4 stars. Robinhood is ranked #9 among 18 brokers by StockBrokers.com, while Ally Invest comes in at #13. This difference reflects Robinhood’s comprehensive app functionality, such as the availability of streaming quotes and stock alerts, which are absent in Ally Invest's offerings.
Both Ally Invest and Robinhood deliver strong app accessibility on iPhone and Android platforms. However, Robinhood further extends its convenience with an Apple Watch app, unavailable with Ally Invest. Both platforms thrive in offering mobile options trading and allow users to create custom watch lists, catering to traders who need to keep a close eye on the market. Despite these similarities, Ally Invest lags behind in after-hours charting, an area where Robinhood provides superior features including chart customizations and viewing multiple time frames.
Charting capabilities showcase Robinhood's advantage, where it supports six technical studies and customizable watchlist columns, features absent in Ally Invest. This added functionality complements Robinhood’s provision of after-hours stock trading and stock alerts, tools that can be crucial for active traders. Neither platform offers streaming live TV or videos on demand, but Robinhood’s additional services and higher user ratings may sway potential investors looking for rich, feature-enhanced trading apps.
| Feature |
Ally Invest
|
Robinhood
|
|---|---|---|
| iPhone App | Yes | Yes |
| Android App | Yes | Yes |
| Apple Watch App | No | Yes |
| Stock Alerts | No | Yes |
| Charting - After-Hours | No | Yes |
| Charting - Technical Studies | 0 | 6 |
| Mobile Trading Apps |
|
|
Dive deeper: Best Stock Trading Apps for 2024
When comparing Ally Invest and Robinhood, it becomes evident that both platforms cater to investors seeking low-cost entry points, offering $0 minimum deposit requirements. For regular stock trades, neither charges a fee, making them both attractive for frequent traders. However, there are distinct differences in their pricing structures. Robinhood charges no fee for options contracts, whereas Ally Invest imposes a $0.50 fee per contract. On the flip side, Ally Invest is more cost-effective regarding account transfers, charging $50 for both partial and full transfers compared to Robinhood's $100 fee.
Margin trading is another area where the two brokers diverge significantly. Robinhood offers lower interest rates across the board, with a charge of 6.25% for balances below $25,000 and a descending scale that reaches 5.8% for balances between $50,000 and $99,999. Ally Invest's rates are considerably higher, starting at 13% for balances under $25,000 and tapering to 12% for larger balances. Both platforms waive fees for IRA annual maintenance, but Ally Invest incurs a $25 charge for IRA closures, while Robinhood does not charge any fee for this service.
In terms of additional fees, both Ally Invest and Robinhood deliver value with no charges for options exercises or assignments, ensuring that investors can execute options strategies without incurring extra costs. These subtle differences highlight the tailored approaches each broker takes, helping investors choose a platform that aligns with their financial strategies and trade preferences.
| Feature |
Ally Invest
|
Robinhood
|
|---|---|---|
| Minimum Deposit | $0.00 | $0.00 |
| Stock Trades | $0.00 | $0.00 |
| Options (Per Contract) | $0.50 | $0.00 |
| Options Exercise Fee | $0.00 | $0.00 |
| Options Assignment Fee | $0.00 | $0.00 |
| IRA Annual Fee | $0.00 | $0.00 |
| IRA Closure Fee | $25.00 | $0.00 |
| Commissions & Fees |
|
|
Dive deeper: Best Free Trading Platforms for 2024
When it comes to comparing the day trading capabilities of Ally Invest and Robinhood, both platforms exhibit similarities in several aspects, yet also showcase distinct differences. Neither Ally Invest nor Robinhood offers streaming time and sales for stocks, streaming live TV, or direct market routing for stocks, which may be limiting for traders seeking real-time data and advanced trading tools. Furthermore, both platforms lack trading hotkeys for rapid keyboard trade entry and level 2 quotes, impacting the depth and speed of trading information accessible to day traders.
A unique aspect distinguishing Robinhood from Ally Invest is its provision of ladder trading, a feature that enables traders to visually manage orders and identify price levels systematically. Despite this advantage, neither Ally Invest nor Robinhood supports basic or advanced strategy backtesting, nor do they provide a short locator tool for real-time short selling opportunities. Additionally, the absence of order liquidity (maker/taker) rebates on both platforms indicates a similar limitation for traders seeking strategic trading incentives. Overall, while both platforms offer basic stock trading functions, they may not satisfy the needs of more advanced or active day traders seeking comprehensive trading tools and features.
| Feature |
Ally Invest
|
Robinhood
|
|---|---|---|
| Streaming Time & Sales | No | No |
| Streaming TV | No | No |
| Direct Market Routing - Stocks | No | No |
| Level 2 Quotes - Stocks | No | No |
| Trade Ideas - Backtesting | No | No |
| Trade Ideas - Backtesting Adv | No | No |
| Short Locator | No | No |
Dive deeper: Best Day Trading Platforms for 2024
In comparing market research capabilities, Ally Invest emerges as a leader over Robinhood. Ally Invest offers comprehensive research across various asset types, including stocks, ETFs, mutual funds, and bonds. Additionally, their services provide access to pink sheets and OTCBB research. While Robinhood offers research for stocks, ETFs, and pink sheets, it falls short in providing mutual funds and bonds research. Ally Invest also provides a better toolset for portfolio allocation insights by asset class, setting it apart from Robinhood, which lacks that feature.
Both brokers provide stock screeners for generating trade ideas, with Ally Invest offering additional tools such as an ETF screener and a bond screener, neither of which Robinhood supports. Ally Invest also stands out with its inclusion of social media sentiment data in its stock research capabilities. However, both Ally Invest and Robinhood do not offer downloadable PDF research reports on stocks, ETFs, or mutual funds, and neither provides ESG (Environmental, Social, and Governance) analysis.
When rated on market research, Ally Invest achieves a 4-star rating, while Robinhood receives a 2.5-star rating. This performance disparity is reflected in rankings from StockBrokers.com, where Ally Invest is ranked 7th out of 18 brokers compared to Robinhood's 14th place. Although both platforms have their strengths, Ally Invest provides a more robust market research environment for investors looking to make informed decisions.
| Feature |
Ally Invest
|
Robinhood
|
|---|---|---|
| Research - Stocks | Yes | Yes |
| Screener - Stocks | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Screener - ETFs | Yes | No |
| Research - Mutual Funds | Yes | No |
| Screener - Mutual Funds | No | No |
| Research - Bonds | Yes | No |
| Screener - Bonds | Yes | No |
| Research |
|
|
When evaluating the banking capabilities of Ally Invest compared to Robinhood, several important distinctions arise. Ally Invest provides a comprehensive suite of financial products, including checking accounts, savings accounts, debit cards, credit cards, mortgage loans, and certificates of deposit (CDs). In contrast, Robinhood's banking offerings are more limited, offering only debit cards without checking or savings accounts, credit cards, mortgage loans, or CDs. This makes Ally Invest a more versatile option for individuals seeking a broader range of banking services alongside their investment opportunities, whereas Robinhood is suited for those primarily focused on trading with minimal banking needs.
| Feature |
Ally Invest
|
Robinhood
|
|---|---|---|
| Checking Accounts | Yes | No |
| Savings Accounts | Yes | No |
| Debit Cards | Yes | Yes |
| Credit Cards | Yes | No |
| Mortgage Loans | Yes | No |
| CDs | Yes | No |
Dive deeper: Best Bank Accounts for Trading Stocks for 2024
After opening live accounts and testing 18 of the best online brokers, our research and live account testing finds that Ally Invest is better than Robinhood. Ally Invest finished with an overall score of 83.8%, while Robinhood finished with a score of 84.5%.
For current Ally customers looking to invest in stocks, Ally's universal-accounts experience and easy-to-use website offer a convenient solution. Its website is far stronger than the mobile app.
When comparing online brokers Ally Invest and Robinhood, a key difference is their approach to cryptocurrency trading: Ally Invest does not offer any crypto trading, whereas Robinhood provides access to 20 different coins, catering to traders interested in digital currencies.
Dive deeper: Best Online Brokers for Crypto Trading in 2024
Both Ally Invest and Robinhood offer traditional and Roth IRA accounts with zero annual fees, though Ally Invest charges a $25 closure fee for IRA accounts while Robinhood does not impose a closure fee.
Dive deeper: Best IRA Accounts for 2024
Select Brokers
↓×Compare
0 of 5| Overall Rating | Ally Invest | Robinhood | |
|---|---|---|---|
| Overall |
|
| |
| Commissions & Fees |
|
| |
| Investment Options |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading Apps |
|
| |
| Research |
|
| |
| Customer Service |
| N/A | |
| Education |
|
| |
| Ease Of Use |
|
| |
| Winner | check_circle | ||
| Review | Ally Invest Review | Robinhood Review |
| Broker Screenshots | Ally Invest | Robinhood | |
|---|---|---|---|
| Trading Platform & Tools Gallery (click to expand) |
|
| |
| Research Gallery (click to expand) |
| ||
| Mobile Trading Apps Gallery (click to expand) |
|
| |
| Education Gallery (click to expand) |
|
|
| Trading Fees | Ally Invest | Robinhood | |
|---|---|---|---|
| Minimum Deposit | $0.00 | $0.00 | |
| Stock Trades | $0.00 | $0.00 | |
| Penny Stock Fees (OTC) | $4.95 | N/A | |
| Mutual Fund Trade Fee | $0.00 | N/A | |
| Options (Per Contract) | $0.50 | $0.00 | |
| Futures (Per Contract) | (Not offered) | (Not offered) | |
| Broker Assisted Trade Fee | $20 | N/A |
| Margin Rates | Ally Invest | Robinhood | |
|---|---|---|---|
| Margin Rate Under $25,000 | 13% | 6.25% | |
| Margin Rate $25,000 to $49,999.99 | 12.75% | 6.05% | |
| Margin Rate $50,000 to $99,999.99 | 12% | 5.8% | |
| Margin Rate $100,000 to $249,999.99 | 10.75% | 5.75% | |
| Margin Rate $250,000 to $499,999.99 | 9.75% | 5.75% | |
| Margin Rate $500,000 to $999,999.99 | 9.25% | 5.75% | |
| Margin Rate Above $1,000,000 | 8.5% | 5.5% |
| Account Fees | Ally Invest | Robinhood | |
|---|---|---|---|
| IRA Annual Fee | $0.00 | $0.00 | |
| IRA Closure Fee | $25.00 | $0.00 | |
| Account Transfer Out (Partial) | $50.00 | $100.00 | |
| Account Transfer Out (Full) | $50.00 | $100.00 | |
| Options Exercise Fee | $0.00 | $0.00 | |
| Options Assignment Fee | $0.00 | $0.00 |
| Investment Options | Ally Invest | Robinhood | |
|---|---|---|---|
| Stock Trading | Yes | Yes | |
| Margin Trading | Yes | Yes | |
| Fractional Shares | No | Yes | |
| OTC Stocks | Yes | No | |
| Options Trading | Yes | Yes | |
| Complex Options Max Legs | 4 | 4 | |
| Futures Trading | No | No | |
| Forex Trading | No | No | |
| Crypto Trading | No | Yes | |
| Crypto Trading - Total Coins | 0 | 20 | |
| Mutual Funds (No Load) | 13000 | 0 | |
| Mutual Funds (Total) | 14000 | 0 | |
| Bonds (US Treasury) | Yes | No | |
| Bonds (Corporate) | Yes | No | |
| Bonds (Municipal) | Yes | No | |
| Traditional IRAs | Yes | Yes | |
| Roth IRAs | Yes | Yes | |
| Advisor Services | Yes | No | |
| International Countries (Stocks) | 0 | 0 |
| Order Types | Ally Invest | Robinhood | |
|---|---|---|---|
| Order Type - Market | Yes | Yes | |
| Order Type - Limit | Yes | Yes | |
| Order Type - After Hours | Yes | Yes | |
| Order Type - Stop | Yes | Yes | |
| Order Type - Trailing Stop | No | Yes | |
| Order Type - OCO | No | No | |
| Order Type - OTO | No | No | |
| Order Type - Broker Assisted | Yes | No |
| Beginners | Ally Invest | Robinhood | |
|---|---|---|---|
| Education (Stocks) | Yes | Yes | |
| Education (ETFs) | Yes | Yes | |
| Education (Options) | Yes | Yes | |
| Education (Mutual Funds) | Yes | No | |
| Education (Bonds) | Yes | No | |
| Education (Retirement) | Yes | No | |
| Retirement Calculator | No | No | |
| Investor Dictionary | Yes | Yes | |
| Paper Trading | No | No | |
| Videos | No | No | |
| Webinars | No | Yes | |
| Webinars (Archived) | Yes | No | |
| Progress Tracking | No | No | |
| Interactive Learning - Quizzes | No | No |
| Stock Trading Apps | Ally Invest | Robinhood | |
|---|---|---|---|
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Apple Watch App | No | Yes | |
| Trading - Stocks | Yes | Yes | |
| Trading - After-Hours | Yes | Yes | |
| Trading - Simple Options | Yes | Yes | |
| Trading - Complex Options | Yes | Yes | |
| Order Ticket RT Quotes | Yes | Yes | |
| Order Ticket SRT Quotes | No | Yes |
| Stock App Features | Ally Invest | Robinhood | |
|---|---|---|---|
| Market Movers (Top Gainers) | Yes | Yes | |
| Stream Live TV | No | No | |
| Videos on Demand | No | No | |
| Stock Alerts | No | Yes | |
| Option Chains Viewable | Yes | Yes | |
| Watch List (Real-time) | Yes | Yes | |
| Watch List (Streaming) | No | Yes | |
| Watch Lists - Create & Manage | Yes | Yes | |
| Watch Lists - Column Customization | No | Yes |
| Stock App Charting | Ally Invest | Robinhood | |
|---|---|---|---|
| Charting - After-Hours | No | Yes | |
| Charting - Can Turn Horizontally | No | No | |
| Charting - Multiple Time Frames | Yes | Yes | |
| Charting - Technical Studies | 0 | 6 | |
| Charting - Study Customizations | No | Yes | |
| Charting - Stock Comparisons | No | No |
| Trading Platforms | Ally Invest | Robinhood | |
|---|---|---|---|
| Active Trading Platform | N/A | Robinhood Legend | |
| Desktop Trading Platform | No | No | |
| Desktop Platform (Mac) | No | No | |
| Web Trading Platform | Yes | Yes | |
| Paper Trading | No | No | |
| Trade Journal | No | No | |
| Watch Lists - Total Fields | 10 | 3 |
| Stock Chart Features | Ally Invest | Robinhood | |
|---|---|---|---|
| Charting - Adjust Trades on Chart | No | Yes | |
| Charting - Indicators / Studies | 120 | 16 | |
| Charting - Drawing Tools | 36 | 23 | |
| Charting - Notes | Yes | Yes | |
| Charting - Index Overlays | Yes | Yes | |
| Charting - Historical Trades | No | No | |
| Charting - Corporate Events | No | No | |
| Charting - Custom Date Range | No | Yes | |
| Charting - Custom Time Bars | No | Yes | |
| Charting - Automated Analysis | Yes | No | |
| Charting - Save Profiles | Yes | Yes | |
| Trade Ideas - Technical Analysis | Yes | No | |
| Charting - Study Customizations | 8 | 1 | |
| Charting - Custom Studies | No | No |
| Day Trading | Ally Invest | Robinhood | |
|---|---|---|---|
| Streaming Time & Sales | No | No | |
| Streaming TV | No | No | |
| Direct Market Routing - Stocks | No | No | |
| Ladder Trading | No | Yes | |
| Trade Hotkeys | No | No | |
| Level 2 Quotes - Stocks | No | No | |
| Trade Ideas - Backtesting | No | No | |
| Trade Ideas - Backtesting Adv | No | No | |
| Short Locator | No | No | |
| Order Liquidity Rebates | No | No |
| Research Overview | Ally Invest | Robinhood | |
|---|---|---|---|
| Research - Stocks | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Mutual Funds | Yes | No | |
| Research - Pink Sheets / OTCBB | Yes | Yes | |
| Research - Bonds | Yes | No | |
| Screener - Stocks | Yes | Yes | |
| Screener - ETFs | Yes | No | |
| Screener - Mutual Funds | No | No | |
| Screener - Bonds | Yes | No | |
| Misc - Portfolio Allocation | Yes | No |
| Stock Research | Ally Invest | Robinhood | |
|---|---|---|---|
| Stock Research - PDF Reports | 0 | 0 | |
| Stock Research - Earnings | No | Yes | |
| Stock Research - Insiders | Yes | No | |
| Stock Research - Social | Yes | No | |
| Stock Research - News | Yes | Yes | |
| Stock Research - ESG | No | No | |
| Stock Research - SEC Filings | No | No |
| ETF Research | Ally Invest | Robinhood | |
|---|---|---|---|
| ETFs - Strategy Overview | Yes | Yes | |
| ETF Fund Facts - Inception Date | No | Yes | |
| ETF Fund Facts - Expense Ratio | Yes | Yes | |
| ETF Fund Facts - Net Assets | Yes | Yes | |
| ETF Fund Facts - Total Holdings | No | Yes | |
| ETFs - Top 10 Holdings | Yes | Yes | |
| ETFs - Sector Exposure | No | Yes | |
| ETFs - Risk Analysis | No | No | |
| ETFs - Ratings | Yes | No | |
| ETFs - Morningstar StyleMap | No | No | |
| ETFs - PDF Reports | No | No |
| Mutual Fund Research | Ally Invest | Robinhood | |
|---|---|---|---|
| Mutual Funds - Strategy Overview | Yes | No | |
| Mutual Funds - Performance Chart | Yes | No | |
| Mutual Funds - Performance Analysis | No | No | |
| Mutual Funds - Prospectus | No | No | |
| Mutual Funds - 3rd Party Ratings | Yes | No | |
| Mutual Funds - Fees Breakdown | No | No | |
| Mutual Funds - Top 10 Holdings | Yes | No | |
| Mutual Funds - Asset Allocation | No | No | |
| Mutual Funds - Sector Allocation | Yes | No | |
| Mutual Funds - Country Allocation | No | No | |
| Mutual Funds - StyleMap | No | No |
| Options Trading | Ally Invest | Robinhood | |
|---|---|---|---|
| Option Chains - Basic View | Yes | Yes | |
| Option Chains - Strategy View | Yes | Yes | |
| Option Chains - Streaming | Yes | Yes | |
| Option Chains - Total Columns | 8 | 17 | |
| Option Chains - Greeks | 5 | 5 | |
| Option Chains - Quick Analysis | Yes | Yes | |
| Option Analysis - P&L Charts | No | Yes | |
| Option Probability Analysis | Yes | No | |
| Option Probability Analysis Adv | No | No | |
| Option Positions - Greeks | Yes | Yes | |
| Option Positions - Greeks Streaming | No | Yes | |
| Option Positions - Adv Analysis | No | No | |
| Option Positions - Rolling | No | Yes | |
| Option Positions - Grouping | Yes | Yes |
| Banking | Ally Invest | Robinhood | |
|---|---|---|---|
| Bank (Member FDIC) | Yes | No | |
| Checking Accounts | Yes | No | |
| Savings Accounts | Yes | No | |
| Credit Cards | Yes | No | |
| Debit Cards | Yes | Yes | |
| Mortgage Loans | Yes | No |
| Customer Service | Ally Invest | Robinhood | |
|---|---|---|---|
| Phone Support (Prospect Customers) | Yes | No | |
| Phone Support (Current Customers) | Yes | Yes | |
| Email Support | Yes | Yes | |
| Live Chat (Prospect Customers) | No | No | |
| Live Chat (Current Customers) | Yes | Yes | |
| 24/7 Support | Yes | Yes |
| Overall | Ally Invest | Robinhood | |
|---|---|---|---|
| Overall |
|
| |
| Commissions & Fees |
|
| |
| Investment Options |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading Apps |
|
| |
| Research |
|
| |
| Education |
|
| |
| Ease Of Use |
|
| |
| Winner | check_circle | ||
| Review | Ally Invest Review | Robinhood Review |
Fidelity
Merrill Edge
E*TRADE
TradeStation
Interactive Brokers
Charles Schwab
tastytrade
eToro