Charles Schwab vs Robinhood 2024
In this head to head comparison of Charles Schwab vs Robinhood, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
In this head to head comparison of Charles Schwab vs Robinhood, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
When considering investment options, Charles Schwab emerges as a comprehensive choice with a five-star rating and the second spot in StockBrokers.com's rankings of 18 brokers for investment options. Offering a broad array of services including stock, margin, fractional shares, OTC stocks, mutual funds, options, forex, and futures trading, alongside traditional and Roth IRA accounts and advisor services, Charles Schwab caters to both experienced investors seeking diversified portfolios and beginners looking for versatile investment solutions. In contrast, Robinhood, while popular for its user-friendly interface and commission-free trading model, receives a 3.5-star rating and ranks 14th on StockBrokers.com. Their offerings include stock, margin, fractional shares, options, and crypto trading with up to 20 coins, as well as IRA accounts, but lack OTC stocks, mutual funds, forex, futures trading, and advisor services, making them a better fit for users focused on straightforward stock and crypto trading.
Charles Schwab provides an extensive range of trading possibilities, supporting stock, margin, and fractional share trading, and extends its reach into OTC stocks, mutual funds, options, forex, and futures trading. This broker also accommodates retirement planning with both traditional and Roth IRA accounts, supplemented by access to professional advisor services, ideal for those who value diverse investments and expert guidance in managing portfolios. Despite its no-offerings in crypto, Schwab appeals to traditional investors valuing a broad spectrum of assets and professional insights.
Robinhood, on the other hand, stands out for its accessible approach, especially among younger or new traders interested in digital currencies, offering stock, margin, fractional shares, options trading, and a distinctive crypto trading service with an impressive collection of 20 coins. While it offers traditional and Roth IRA accounts, Robinhood lacks options like OTC stocks, mutual funds, forex, and futures trading, along with advisor services. This makes it a suitable choice for users desiring simplicity and focusing mainly on modern fintech investment avenues without the need for extensive financial guidance or a wide array of investment products.
Feature |
Charles Schwab
|
Robinhood
|
---|---|---|
Stock Trading | Yes | Yes |
Margin Trading | Yes | Yes |
Fractional Shares | Yes | Yes |
OTC Stocks | Yes | No |
Mutual Funds | Yes | No |
Options Trading | Yes | Yes |
Futures Trading | Yes | 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
In the online brokerage landscape, both Charles Schwab and Robinhood have established their niches, yet Charles Schwab stands out as the superior trading platform according to expert evaluations. Garnering a 5-star rating for its trading platforms and tools and ranked #2 out of 18 brokers by StockBrokers.com, Schwab offers an extensive suite of trading capabilities. In contrast, Robinhood receives a 3-star rating and ranks #13, highlighting its more restricted feature set suitable for beginners.
Charles Schwab excels with both downloadable Windows and Mac trading platforms, while Robinhood only offers a browser-based option. Schwab provides features such as paper trading, a trading journal, and an array of 580 fields for watchlists, whereas Robinhood's offerings are more limited with just three watchlist columns and no paper trading or trading journal functionality. Additionally, Schwab is more robust in the charting department, supporting 374 technical indicators, 24 drawing tools, and numerous customization features, like saving multiple chart profiles and creating custom studies. Robinhood, although comparable in some chart features, offers only 16 technical indicators and limited customization, evident in just one customization field for editing an SMA study.
Both platforms enable users to adjust open orders and add notes to charts. Yet, Schwab's comprehensive trading platform showcases features like showing historical trades, displaying corporate events, and offering automated technical analysis — capabilities that Robinhood lacks. Schwab's ability to provide custom date ranges and index overlays further underscores its advanced toolset for serious traders looking for a rich, customizable trading experience.
Feature |
Charles Schwab
|
Robinhood
|
---|---|---|
Web Trading Platform | Yes | Yes |
Desktop Trading Platform | Yes | No |
Desktop Platform (Mac) | Yes | No |
Paper Trading | Yes | No |
Watch Lists - Total Fields | 580 | 3 |
Charting - Indicators / Studies | 374 | 16 |
Charting - Drawing Tools | 24 | 23 |
Platforms & Tools |
Dive deeper: Best Stock Brokers & Trading Platforms for 2024, Best Paper Trading Platforms for 2024
When it comes to providing beginner and investor education, Charles Schwab outperforms Robinhood with a comprehensive range of resources. Both platforms offer stock, ETF, and options education, but Charles Schwab extends its educational offerings to cover mutual funds and bonds, areas where Robinhood falls short. Additionally, Charles Schwab enhances its educational services with tools such as paper trading, educational videos, webinars, and quizzes designed to cater to a wide range of learning preferences and track progress, offering a more in-depth learning journey that Robinhood does not provide.
Rated 5 stars for its educational capabilities, Charles Schwab holds the fourth position out of 18 brokers according to StockBrokers.com. This ranking reflects its commitment to investor education, making it a preferred choice for beginners seeking a robust learning framework. On the other hand, Robinhood, rated 3.5 stars and ranked tenth, provides basic educational resources like stock, ETF, and options education but lacks additional features such as mutual funds and bonds education, paper trading, and interactive quizzes, underscoring its more limited capabilities in supporting and educating new investors.
Feature |
Charles Schwab
|
Robinhood
|
---|---|---|
Education (Stocks) | Yes | Yes |
Education (ETFs) | Yes | Yes |
Education (Options) | Yes | Yes |
Education (Mutual Funds) | Yes | No |
Education (Bonds) | Yes | No |
Paper Trading | Yes | No |
Videos | Yes | No |
Webinars | Yes | Yes |
Education |
Dive deeper: Best Stock Trading Platforms for Beginners of 2024
In the competitive landscape of stock trading apps, Charles Schwab and Robinhood both offer robust platforms, yet cater to distinct user preferences. Charles Schwab shines with its comprehensive offerings, including mobile applications for iPhone, Android, and Apple Watch, along with features like streaming live TV, videos on demand, and stock comparisons on charts. Its advanced charting capabilities, with 373 technical studies and the ability to view multiple time frames and comparisons, demonstrate a superior analytical edge. Ranked #4 out of 18 brokers by StockBrokers.com and boasting a 5-star rating, Charles Schwab stands out as a more feature-rich and highly rated choice for serious investors. On the other hand, Robinhood is rated 4.5 stars and ranked #9, appealing to users with its simplified interface and convenient after-hours charting. However, it falls behind Schwab in live streaming, technical studies, and advanced charting features.
Both Charles Schwab and Robinhood provide iPhone and Android apps, ensuring users can trade on the go. They also both support Apple Watch integrations and offer vital functionalities such as mobile options trading and stock alerts. While each platform allows for the creation and customization of watch lists, Charles Schwab provides a slightly more customizable experience with the ability to adjust watch list columns. Although Robinhood compensates with direct and easy-to-use interfaces, its charting offers only six technical studies in comparison to Schwab's extensive 373, limiting the depth of technical analysis available to users.
Unique offerings from Charles Schwab include the ability to view charts in landscape mode, which may appeal to users who want more detailed visualizations. Despite Robinhood's ability to provide after-hours charting, its inability to view charts in landscape mode could limit the analytical detail for some traders. Schwab's emphasis on in-depth analytical features such as streaming quotes and stock comparisons on charts underscores its appeal to more experienced traders seeking advanced analytics and insights. In contrast, Robinhood caters well to users who prioritize simplicity and a user-friendly experience while offering the essential tools needed for straightforward stock trading.
Feature |
Charles Schwab
|
Robinhood
|
---|---|---|
iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | Yes | Yes |
Stock Alerts | Yes | Yes |
Charting - After-Hours | No | Yes |
Charting - Technical Studies | 373 | 6 |
Mobile Trading Apps |
Dive deeper: Best Stock Trading Apps for 2024
When evaluating Charles Schwab and Robinhood based on account fees and other charges, several key differences emerge. Both brokers offer commission-free trading for regular stocks and no minimum deposit requirement, providing substantial appeal to cost-conscious investors. However, Robinhood excels in options trading with no fees per contract, compared to Charles Schwab's $0.65 per contract fee. On the other hand, Charles Schwab stands out for its lower costs associated with account transfers, offering partial transfers for free and full transfers for $50, whereas Robinhood charges $100 for both partial and full account transfers.
Margin rates reveal a more favorable scenario with Robinhood, which charges significantly lower rates for various balance tiers. For balances below $25,000, Robinhood's rate is 6.25%, less than half of Charles Schwab's 13.575%. Similarly, margin balances between $25,000 and $49,999 and $50,000 and $99,999 see Robinhood's rates markedly lower than those of Charles Schwab, making Robinhood more advantageous for margin traders. However, both platforms maintain customer-friendly terms by eliminating costs for IRA annual fees, IRA closure fees, option exercise fees, and options assignment fees.
The choice between Charles Schwab and Robinhood might ultimately hinge on options trading and margin interest specifics. Those prioritizing a fee-free options trading experience and lower margin rates might lean towards Robinhood. Conversely, individuals needing affordable account transfer services may find Charles Schwab more appealing, despite the higher charges on options contracts. Both platforms, however, provide competitive and cost-effective trading environments tailored to varying investor needs.
Feature |
Charles Schwab
|
Robinhood
|
---|---|---|
Minimum Deposit | $0.00 | $0.00 |
Stock Trades | $0.00 | $0.00 |
Options (Per Contract) | $0.65 | $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 | $0.00 | $0.00 |
Commissions & Fees |
Dive deeper: Best Free Trading Platforms for 2024
When evaluating the day trading capabilities of Charles Schwab and Robinhood, it becomes clear that Charles Schwab offers a more comprehensive toolset for active traders. Schwab provides streaming time and sales data for stocks, an essential feature for traders who rely on real-time information to make informed decisions, whereas Robinhood does not. Additionally, Schwab includes streaming live TV, delivering market news directly to the trader's platform. This contrasts with Robinhood's more limited features. Another crucial aspect for serious traders is direct market routing, which Schwab offers, allowing for greater control over trade execution. Robinhood lacks this feature, creating a less customizable trading experience.
Moreover, Charles Schwab supports trading hotkeys and level 2 quotes, providing an edge in executing trades swiftly and understanding market depth. While both Schwab and Robinhood offer ladder trading, only Schwab supplements this with essential resources such as strategy backtesting—both basic and advanced—crucial for developing and refining trading strategies. For traders who engage in short-selling, Schwab's short locator tool allows easy access to real-time availability of shares to short, an option absent in Robinhood's offerings. Though neither brokerage provides order liquidity rebates, the robust suite of tools and features available with Charles Schwab makes it a more suitable choice for active day traders seeking a comprehensive trading platform.
Feature |
Charles Schwab
|
Robinhood
|
---|---|---|
Streaming Time & Sales | Yes | No |
Streaming TV | Yes | No |
Direct Market Routing - Stocks | Yes | No |
Level 2 Quotes - Stocks | Yes | No |
Trade Ideas - Backtesting | Yes | No |
Trade Ideas - Backtesting Adv | Yes | No |
Short Locator | Yes | No |
Dive deeper: Best Day Trading Platforms for 2024
In a head-to-head comparison of market research capabilities, Charles Schwab distinctly eclipses Robinhood, offering more comprehensive resources across various categories. Schwab provides extensive research tools, including coverage in stocks, ETFs, mutual funds, bonds, and even Pink Sheets/OTCBB, supporting more in-depth market analysis. Meanwhile, Robinhood also offers research options for stocks and ETFs but lacks depth in mutual funds, bonds, and downloadable PDF reports, which limits its offerings for those seeking detailed financial insights. Based on ratings, Charles Schwab has earned a commendable 5-star rating, while Robinhood trails behind with a 2.5-star rating. In rankings by StockBrokers.com, Schwab holds the top spot among 18 brokers, whereas Robinhood is ranked 14th, reflecting Schwab’s superior market research reputation.
Charles Schwab is a leader in providing diversified research capabilities, featuring an array of downloadable PDF reports covering stocks, ETFs, and mutual funds. Additionally, it facilitates robust portfolio management with the ability to visualize allocation by asset class, a feature absent in Robinhood’s more limited offerings. Schwab advances research capabilities by including social media sentiment data and Environmental, Social, and Governance (ESG) metrics, offering richer, multidimensional perspectives to informed investors. Robinhood's research is comparatively straightforward, with basic offerings that suit novice traders or those with less detailed requirements.
Schwab offers advanced screening tools across multiple asset classes, including stocks, ETFs, mutual funds, and bonds, helping investors identify promising trade ideas with ease. Contrastingly, Robinhood's screening capabilities are more restricted, covering only stocks with omission of mutual funds and bonds. Schwab’s robust, all-encompassing research tools cater to both novice and seasoned investors needing substantial data resources to inform their investment decisions. Thus, for those prioritizing comprehensive market analysis and strategic investment insights, Charles Schwab stands out as a more equipped and preferred choice.
Feature |
Charles Schwab
|
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 | Yes | No |
Research - Bonds | Yes | No |
Screener - Bonds | Yes | No |
Research |
When evaluating the banking capabilities of Charles Schwab and Robinhood, notable differences emerge. Charles Schwab provides a comprehensive suite of banking services including checking and savings accounts, debit and credit cards, mortgage loans, and certificates of deposit (CDs). In contrast, Robinhood’s offerings are limited from a banking perspective, featuring only debit cards without the additional benefits of checking or savings accounts, credit cards, mortgage loans, or CDs. This comparison highlights Charles Schwab's well-rounded banking services against Robinhood’s streamlined, investment-focused features.
Feature |
Charles Schwab
|
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 Charles Schwab is better than Robinhood. Charles Schwab finished with an overall score of 96.6%, while Robinhood finished with a score of 84.5%.
With the addition of TD Ameritrade's thinkorswim platforms and the enhancement of several features, Schwab is now a vigorous competitor with thought-provoking research and commentary and a client experience to fit any preference.
Charles Schwab does not offer crypto trading, providing 0 coins, whereas Robinhood facilitates cryptocurrency transactions with access to 20 different coins.
Dive deeper: Best Online Brokers for Crypto Trading in 2024
Both Charles Schwab and Robinhood offer traditional and Roth IRA accounts without annual fees and impose no charges for closing these accounts, making them cost-effective options for retirement savings.
Dive deeper: Best IRA Accounts for 2024
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0 of 5Overall Rating | Charles Schwab | Robinhood | |
---|---|---|---|
Overall | |||
Commissions & Fees | |||
Investment Options | |||
Platforms & Tools | |||
Mobile Trading Apps | |||
Research | |||
Customer Service | N/A | ||
Education | |||
Ease Of Use | |||
Winner | check_circle | ||
Review | Charles Schwab Review | Robinhood Review |
Broker Screenshots | Charles Schwab | 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 | Charles Schwab | Robinhood | |
---|---|---|---|
Minimum Deposit | $0.00 | $0.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | $6.95 | N/A | |
Mutual Fund Trade Fee | Varies | N/A | |
Options (Per Contract) | $0.65 | $0.00 | |
Futures (Per Contract) | $2.25 | (Not offered) | |
Broker Assisted Trade Fee | $25 | N/A |
Margin Rates | Charles Schwab | Robinhood | |
---|---|---|---|
Margin Rate Under $25,000 | 13.575% | 6.25% | |
Margin Rate $25,000 to $49,999.99 | 13.075% | 6.05% | |
Margin Rate $50,000 to $99,999.99 | 12.125% | 5.8% | |
Margin Rate $100,000 to $249,999.99 | 12.075% | 5.75% | |
Margin Rate $250,000 to $499,999.99 | 11.825% | 5.75% | |
Margin Rate $500,000 to $999,999.99 | Varies | 5.75% | |
Margin Rate Above $1,000,000 | Varies | 5.5% |
Account Fees | Charles Schwab | Robinhood | |
---|---|---|---|
IRA Annual Fee | $0.00 | $0.00 | |
IRA Closure Fee | $0.00 | $0.00 | |
Account Transfer Out (Partial) | $0.00 | $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 | Charles Schwab | Robinhood | |
---|---|---|---|
Stock Trading | Yes | Yes | |
Margin Trading | Yes | Yes | |
Fractional Shares | Yes | Yes | |
OTC Stocks | Yes | No | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 4 | 4 | |
Futures Trading | Yes | No | |
Forex Trading | Yes | No | |
Crypto Trading | No | Yes | |
Crypto Trading - Total Coins | 0 | 20 | |
Mutual Funds (No Load) | 15163 | 0 | |
Mutual Funds (Total) | 18145 | 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) | 12 | 0 |
Order Types | Charles Schwab | 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 | Yes | Yes | |
Order Type - OCO | Yes | No | |
Order Type - OTO | Yes | No | |
Order Type - Broker Assisted | Yes | No |
Beginners | Charles Schwab | 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 | Yes | No | |
Investor Dictionary | Yes | Yes | |
Paper Trading | Yes | No | |
Videos | Yes | No | |
Webinars | Yes | Yes | |
Webinars (Archived) | Yes | No | |
Progress Tracking | Yes | No | |
Interactive Learning - Quizzes | Yes | No |
Stock Trading Apps | Charles Schwab | Robinhood | |
---|---|---|---|
iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Apple Watch App | Yes | 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 | Charles Schwab | Robinhood | |
---|---|---|---|
Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | Yes | No | |
Videos on Demand | Yes | No | |
Stock Alerts | Yes | Yes | |
Option Chains Viewable | Yes | Yes | |
Watch List (Real-time) | Yes | Yes | |
Watch List (Streaming) | Yes | Yes | |
Watch Lists - Create & Manage | Yes | Yes | |
Watch Lists - Column Customization | Yes | Yes |
Stock App Charting | Charles Schwab | Robinhood | |
---|---|---|---|
Charting - After-Hours | No | Yes | |
Charting - Can Turn Horizontally | Yes | No | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 373 | 6 | |
Charting - Study Customizations | Yes | Yes | |
Charting - Stock Comparisons | Yes | No |
Trading Platforms | Charles Schwab | Robinhood | |
---|---|---|---|
Active Trading Platform | thinkorswim | Robinhood Legend | |
Desktop Trading Platform | Yes | No | |
Desktop Platform (Mac) | Yes | No | |
Web Trading Platform | Yes | Yes | |
Paper Trading | Yes | No | |
Trade Journal | Yes | No | |
Watch Lists - Total Fields | 580 | 3 |
Stock Chart Features | Charles Schwab | Robinhood | |
---|---|---|---|
Charting - Adjust Trades on Chart | Yes | Yes | |
Charting - Indicators / Studies | 374 | 16 | |
Charting - Drawing Tools | 24 | 23 | |
Charting - Notes | Yes | Yes | |
Charting - Index Overlays | Yes | Yes | |
Charting - Historical Trades | Yes | No | |
Charting - Corporate Events | Yes | No | |
Charting - Custom Date Range | Yes | Yes | |
Charting - Custom Time Bars | Yes | Yes | |
Charting - Automated Analysis | Yes | No | |
Charting - Save Profiles | Yes | Yes | |
Trade Ideas - Technical Analysis | Yes | No | |
Charting - Study Customizations | 35 | 1 | |
Charting - Custom Studies | Yes | No |
Day Trading | Charles Schwab | Robinhood | |
---|---|---|---|
Streaming Time & Sales | Yes | No | |
Streaming TV | Yes | No | |
Direct Market Routing - Stocks | Yes | No | |
Ladder Trading | Yes | Yes | |
Trade Hotkeys | Yes | No | |
Level 2 Quotes - Stocks | Yes | No | |
Trade Ideas - Backtesting | Yes | No | |
Trade Ideas - Backtesting Adv | Yes | No | |
Short Locator | Yes | No | |
Order Liquidity Rebates | No | No |
Research Overview | Charles Schwab | 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 | Yes | No | |
Screener - Bonds | Yes | No | |
Misc - Portfolio Allocation | Yes | No |
Stock Research | Charles Schwab | Robinhood | |
---|---|---|---|
Stock Research - PDF Reports | 7 | 0 | |
Stock Research - Earnings | Yes | Yes | |
Stock Research - Insiders | Yes | No | |
Stock Research - Social | Yes | No | |
Stock Research - News | Yes | Yes | |
Stock Research - ESG | Yes | No | |
Stock Research - SEC Filings | Yes | No |
ETF Research | Charles Schwab | Robinhood | |
---|---|---|---|
ETFs - Strategy Overview | Yes | Yes | |
ETF Fund Facts - Inception Date | Yes | Yes | |
ETF Fund Facts - Expense Ratio | Yes | Yes | |
ETF Fund Facts - Net Assets | Yes | Yes | |
ETF Fund Facts - Total Holdings | Yes | Yes | |
ETFs - Top 10 Holdings | Yes | Yes | |
ETFs - Sector Exposure | Yes | Yes | |
ETFs - Risk Analysis | Yes | No | |
ETFs - Ratings | Yes | No | |
ETFs - Morningstar StyleMap | Yes | No | |
ETFs - PDF Reports | Yes | No |
Mutual Fund Research | Charles Schwab | Robinhood | |
---|---|---|---|
Mutual Funds - Strategy Overview | Yes | No | |
Mutual Funds - Performance Chart | Yes | No | |
Mutual Funds - Performance Analysis | Yes | No | |
Mutual Funds - Prospectus | Yes | No | |
Mutual Funds - 3rd Party Ratings | Yes | No | |
Mutual Funds - Fees Breakdown | Yes | No | |
Mutual Funds - Top 10 Holdings | Yes | No | |
Mutual Funds - Asset Allocation | Yes | No | |
Mutual Funds - Sector Allocation | Yes | No | |
Mutual Funds - Country Allocation | Yes | No | |
Mutual Funds - StyleMap | Yes | No |
Options Trading | Charles Schwab | Robinhood | |
---|---|---|---|
Option Chains - Basic View | Yes | Yes | |
Option Chains - Strategy View | Yes | Yes | |
Option Chains - Streaming | Yes | Yes | |
Option Chains - Total Columns | 31 | 17 | |
Option Chains - Greeks | 5 | 5 | |
Option Chains - Quick Analysis | Yes | Yes | |
Option Analysis - P&L Charts | Yes | Yes | |
Option Probability Analysis | Yes | No | |
Option Probability Analysis Adv | Yes | No | |
Option Positions - Greeks | Yes | Yes | |
Option Positions - Greeks Streaming | Yes | Yes | |
Option Positions - Adv Analysis | Yes | No | |
Option Positions - Rolling | Yes | Yes | |
Option Positions - Grouping | Yes | Yes |
Banking | Charles Schwab | 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 | Charles Schwab | 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 | Charles Schwab | Robinhood | |
---|---|---|---|
Overall | |||
Commissions & Fees | |||
Investment Options | |||
Platforms & Tools | |||
Mobile Trading Apps | |||
Research | |||
Education | |||
Ease Of Use | |||
Winner | check_circle | ||
Review | Charles Schwab Review | Robinhood Review |