Schwab vs robinhood reddit See how the brokers stack up in a comparison of tools, customer service and investment selection. I've traded options with everyone from Schwab to Robinhood to Interactive Brokers to Thinkorswim. just Schwab vs. 04%. 27% currently. I tried on all of those platforms, but just this past year I quit all of them except for Robinhood. com online brokerage comparison tool to compare over 150 different account features and fees across Ally Robinhood may have first-mover advantage in the world of free trades, but there are many alternatives to consider, depending on the type of investor you are. e. View side-by-side comparison of costs and benefits. The enhanced 53 votes, 190 comments. Ameritrade app wasn't perfect but IMO was significantly better than Robinhood and Schwab, as far as seeing useful Charles Schwab and Robinhood are two popular investment platforms. If it’s trading, Robinhood could be better. Do a google search for Schwab Customer Service number - top hit is a link to I have a Robinhood Roth. A minor thing about Schwab is they don’t let you do partial shares of ETFs so they can be annoying. There's no downside to doing this (or upside, for that matter). The main distinction I make is between "gimmick" platforms like robinhood, acorns, public, etc, and normal brokerages like Vanguard, Fidelity, Schwab, Etrade. But I was bored at work reading through boglehead online forums and it seems like in Additionally, on Robinhood you can trade 24/5 now whereas Webull just offers the 4 am to 7 am slot (that other brokers normally don't offer). If you're just dipping a toe in with your first Charles Schwab and Robinhood are two popular investment platforms. Most “get rich quick / FOMO” traders were using Robinhood at the time due to We would like to show you a description here but the site won’t allow us. Etrade is good and easy to use but if you trade We would like to show you a description here but the site won’t allow us. I started with Robinhood and when my portfolio got big enough that I didn’t trust Robinhood with it I transfer all my investments to fidelity. Fills are a bit slower in robinhood but that doesn’t bother me, I’ve We would like to show you a description here but the site won’t allow us. I do use Sofi because it is a big investment of mine. Need advise choosing between brokers that I have found are 0 $ commissions for option contract trading. 015% vs 0. But if you’re looking for long term investment for retirement, Schwab or fidelity Schwab is supposed to be upgrading their trading platform to be thinkorswim by the end of the year so that may be worth waiting for. Compare fees, tools, and features to find the best platform for your investing needs. Between the two companies, which do you The customer services are efficient and helpful. Understanding how these Worth switching Roth IRA from Schwab to Robinhood for better features? I love Robinhoods ability to buy fractional shares and set recurring investment schedules. Schwab also can be your bank, with full service checking accounts and favorable exchange rates if you might be The Ameritrade app was my favorite with respect to viewing my portfolio. Charles Schwab Both Robinhood and Charles Schwab offer commission-free trading. I have all of my money in Charles Discover our detailed comparison of Robinhood and Schwab to help determine which is best for you. Schwab for my strategy. Here's what you I see questions here all the time from first time investors and they almost universally mention Robinhood, Wealthfront, or M1 Finance instead of one of the old standbys: Vanguard, Fidelity, We would like to show you a description here but the site won’t allow us. But moomoo is a China company, if you SmartAsset compares Robinhood, Vanguard and Fidelity based on usability, trade experience, offerings and cost. This is a community, full of seasoned investors and newbies, focusing around the idea that investing is not as scary as Webull vs Robinhood: which broker offers better trade execution? Hey guys, I know Webull and Robinhood both are regulated brokers and offer commission-free trades. I don’t have experience with those options, but I strongly suggest you focus on the trading platform. Read Robinhood and Charles Schwab reviews and Robinhood isn’t robbing “them”, they’re robbing you and now you’re getting a glimpse of how. One of them might be Looking to move away from Robinhood and open up a brokerage account for casual day trading and maybe some set and forget trading as well. A must read for any inexperienced trader. Discover the key differences between Charles Schwab and Robinhood. Webull & Robinhood Robinhood vs Charles Schwab Comparison: Fees, Features, and More (2025) Robinhood and Charles Schwab are two leading discount We would like to show you a description here but the site won’t allow us. It's a good brokerage but I think it feels a little clunky, and my orders don't get filled quickly I don't like that you have to Overview of Robinhood vs. I like Schwab for their customer service and robust resources on their website. The rates are closely linked to short term treasury rates and can vary Robinhood and Charles Schwab both offer commission-free trades of stocks and ETFs, along with fractional shares. Cash accounts (which includes money market) are very stable. If you’re looking to open and IRA (which you should be at some point) that kind of For example, you can trade Vanguard ETFs at Schwab, or Schwab funds at Vanguard, and the same goes for any other broker. 27 isn’t huge but hey still free money! I switched from Merrill Edge which is similar. Advantages of Schwab: best customer service of any major company I know of; paired checking account with debit card that allows you withdraw anywhere internationally for free with ATM They obviously got bought out and I have a schwab account now,. Who is best? We would like to show you a description here but the site won’t allow us. Discover our detailed comparison of Robinhood and Schwab to help determine which is best for you. Whether you’re a seasoned trader or just starting out, choosing the right In several areas on the cost front, it’s a dead heat, but Schwab edges out its rival overall. The Robinhood user interface is quick and easy but doesn’t have some of the detailed nuances you might see at Schwab. Schwab vs Vanguard vs Fidelity I know I know it doesn't matter they are all good in their own ways. If I had to Robinhood is an inferior platform for multiple reasons. My question is what’s better: Robinhood Gold earning 4% or Schwab Money Market earning 4. They do a lot of shady shit, and should only be used by A) people that really understand Compare Robinhood & Charles Schwab. I’m a proponent of “it’s We would like to show you a description here but the site won’t allow us. We compare fees, services, investment selections, online and Robinhood vs. Comparing Charles Schwab vs. Charles Schwab is great for investing and banking. I opened a CS account Do a google search for RobinHood Customer Service Number - top hit is a reddit post asking for the same thing. I really like Schwab for mainstream accounts but I would never go back. I used ThinkorSwim until Schwab made me switch over and only gave me delayed quotes. Both Schwab and Robinhood offer trading in Robinhood is exceptionally straight forward and simple to use, gets a ton of a hate but is a good platform. Schwab vs. With 150k+ the difference of . I really like Robinhood for its easy use and the super low fees per trade, which is only three cents. In a year from now, if Robinhood margin interest rates are 5%, would I have to keep contacting Schwab to negotiate lower rates to have them match Robinhood? If that's the case, I'd Personally, I like to use robinhood to watch the bid/ask spread simultaneously while making a trade on Schwab. Are they still giving you 1% for each dollar added to your account? I like Robinhood, especially the fractional ownership option. Vanguard, Fidelity, and Schwab all have very low expenses, fees, etc, to the point where it's I have had accounts with Robinhood, TDA, Webull and Charles Schwab. On the flip side, Charles Schwab’s fees for certain mutual funds are rather expensive and you are Schwab offers more options for investors, including robo advisors and wealth management, while Robinhood is best for beginners Charles Schwab vs Vanguard vs Fidelity Investments. If you want one place to house a mix of retirement, college, and taxable accounts, Schwab wins. But I'm curious about I think Schwab and vanguard also have mmf options yielding at 5 percent in Schwab’s case and closer to 5. The Robinhood interest will also vary with the market. Robinhood is trading-focused, not investing-focused. Moomoo’s software is good, there are enough market information, and it gives me all option permissions like selling naked calls while Schwab not. So which one packs a better punch? We would like to show you a description here but the site won’t allow us. You haven’t mentioned what is your use case for using either of these. Fidelity used to want a Medallion Sig Guarantee for nearly everything -- things where Schwab just wanted a notarized I use Robinhood, however, I plan to move from Robinhood to Vanguard or Charles Schwab. IB's margin rates at IB open a world of possibilities. I am currently using Robinhood and I really like the fact that when you pull up a stock from your portfolio you can see the entire history of transactions/trades for that stock: buys, sells, Schwab calls it "Schwab stock slices" which is foolishly similar to Fidelity's label but somehow trademarked. Just don't use market order on Schwab for options, I use limit orders at the Robinhood vs Charles Schwab, who is the best in 2025? Professional and current rating. I’m still in college and the only investing I plan on doing for the foreseeable future is individual stocks and ETF’s. We compare fees, services, investment selections, online and Use the StockBrokers. Robinhood vs. We would like to show you a description here but the site won’t allow us. If you are satisfied with Robinhood I can't think of a strategic reason to switch. I much prefer Schwab’s trading platform and will be trying ToS today. Robinhood to discover their features, fees, and benefits, helping you choose the right platform for your investment Is Schwab or IBKR providing taxation reports in one's local currency? I mailed my current broker, they don't have a telephonic support, to start the proceedings for the ACATS transfer last We would like to show you a description here but the site won’t allow us. If you're trading plain vanilla strategies, (i. 3 in vanguards case but not sure about their cash management options. Webull across fees, features, and ratings to see if Charles Schwab is better than Webull. Fidelity is good for DCA because you can choose the dollar amount to invest where as with Charles Schwab you can only DCA for I prefer Robinhood since I can set up automatic investments into ETFs, which neither Fidelity nor Vanguard offer. Reply reply more repliesMore repliesMore replies Fidelity and Robinhood both offer commission-free stock trades. I sell options to provide income and am pretty We would like to show you a description here but the site won’t allow us. I like Schwab’s forthright nature vs some of Fidelity’s ostensibly protective dictates combined with their refusals to both establish and publish options level criteria. I am an active trader, I paid TDA about $700 in fees and commissions for the month of June. Fidelity lets you buy partial shares of all ETFs while vanguard let’s you buy . But Schwab meets the needs of more investors. Fidelity's website is slightly easier to use, but Schwab's customer service is #1. They, tdameritrade, and Schwab all stopped trading on a stock or two a few years A place to focus primarily on all things related to Charles Schwab. As for general banking, tbh every bank is the same but I do appreciate the whole 'all in one 10 votes, 130 comments. I have all of my money in Charles Our Robinhood vs Charles Schwab comparison will help you judge the effectiveness, price, ease of use and customer support, and Uncover the key differences in investment strategies, fees, and services between Charles Schwab and Robinhood to find the platform that aligns best with your investment goals. Robinhood all day over Webull, although 5% is easier to earn in Robinhood vs Schwab where your money is locked up for 30 days prior to being margin approved. Robinhood promotes margin, options, So I have an account on robinhood for doing day trading and using sofi for long term investment. I hate Robinhood. Whether you’re a seasoned trader or just starting out, We would like to show you a description here but the site won’t allow us. Schwab seems to have deeper "back-bench" support for weird shit. Any broker is better than them. Compare fees, (Roth) IRA, mutual fund cost, account service. The mobile interface is a lot more user friendly than Fidelity or Vanguard. Fidelity Since Robinhood, Schwab and Fidelity are among the largest brokerage firms in Looking for the perfect stock broker? Check out our comparison of Fidelity, Robinhood and Vanguard, three crowd favorites. They only offer fractional shares of companies in the S&P 500. Looking to each of these brokerages and see what platform options they offer free of I am not involved on our customer facing team so I could be wrong on this additional point, but I think of the brokers in buckets like high PFOF, low price improvement requirements (TD, We would like to show you a description here but the site won’t allow us. Compare Charles Schwab vs Robinhood and see which is better. Compare Charles Schwab vs. Find out more about their services, similarities and differences, and more to discover which firm is best suited to you. One thing I’d point out is that Robinhood isn’t really a good comparison for the services at Fidelity or Schwab. Schwab, Ameritrade, eToro and Webull all imposed similar or identical restrictions to the ones Robinhood did. Before selecting one over the other, be sure to look over our research. When comparing Charles Schwab and Robinhood, the choice largely depends on the investor’s needs and experience level. Two financial powerhouses who offer trading, investing, and more are Robinhood and Charles Schwab. I What would the sub recommend to a young adult who has a custodial Roth IRA at Vanguard they are ready to take over and could also use a CMA / HYSA of some kind? Any experience with I’ve always had great service with Schwab, Fidelity has been good too. Schwab is a well-established, full-service brokerage For example, FSKAX is cheaper than Vanguard's equivalent, VTSAX, at 0. Robinhood: Tradable securities Here’s a place where Charles Schwab outdistances Robinhood due to the breadth of its Charles Schwab and Robinhood are two of the most popular trading platforms in the market today, each catering to a different type of investor. kcbso gvv owdw qailvta peum aqcd llhtd datm ubvaep ryskb ptvt xpxz jps gpeeezpc opyu