robinhood vs. thinkorswim

robinhood

thinkorswim

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
robinhood	Score 9.7 out of 10	N/A	Robinhood provides trading in stocks, ETFs and options is offered through Robinhood Financial LLC, member SIPC (sipc.org). Cryptocurrency trading is offered through Robinhood Crypto, LLC. Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services and is not a member of FINRA or SIPC. Cryptocurrencies are not stocks and your cryptocurrency investments are not products protected by either FDIC or SIPC.	N/A
thinkorswim	Score 9.0 out of 10	N/A	Thinkorswim, with its Investools division, is an American company offering live and online investor education services. In addition, through its brokerage subsidiary, thinkorswim, Inc., Investools provides services to funded trading accounts for self-directed option traders and institutional users who invest in equities, exchange-traded funds, futures, mutual funds and bonds.	N/A

Pricing

robinhood

thinkorswim

Editions & Modules

No answers on this topic

Offerings

Pricing Offerings
robinhood	thinkorswim
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

$0 on commissions--- pricing PDF schedule online.

$0.00 commissions. No platform fees. No data fees. No trade minimums. Online---$0.00-- Interactive Voice Response (IVR) Phone System-$5.00-- Broker-assisted-$25.00

More Pricing Information

Community Pulse
	robinhood	thinkorswim
Considered Both Products	robinhood No answer on this topic	thinkorswim Verified User Director Chose thinkorswim I have personally used Charles Schwab mobile app and online page for about 3 years and have been thoroughly satisfied. Before TD Ameritrade and Charles Schwab merged, I had used thinkorswim for the 60-day paper money trial before using my real money on investments. I … Incentivized Helpful? Sunil Agarwal Technical Lead - SRE Chose thinkorswim I have used robinhood in past, but it didn't find poerful charting feature in robinhood hence it very difficult to analyze the stocks. but Thinkorswim has great charting platform which help user to analyze the stocks in easy way to make the trading decisions. Also, It provide … Incentivized Helpful?
Top Pros	No answers on this topic	Pro Free trial period Pro Ease of use Pro Learning tool
Top Cons	No answers on this topic	Minus New users Minus 90 days Minus Help new

Best Alternatives
	robinhood	thinkorswim
Small Businesses	Coinbase Score 8.0 out of 10	Coinbase Score 8.0 out of 10
Medium-sized Companies	Coinbase Score 8.0 out of 10	Coinbase Score 8.0 out of 10
Enterprises	No answers on this topic	No answers on this topic
All Alternatives	View all alternatives	View all alternatives

User Ratings
	robinhood	thinkorswim
Likelihood to Recommend	10.0 (1 ratings)	9.1 (3 ratings)

User Testimonials
	robinhood	thinkorswim
Likelihood to Recommend	Robinhood robinhood has been great for me as a first time investor using "play money" outside of my main 401K and retirement. It has options for purchasing partial shares, which means you don't have to purchase a full, even share in order to invest. I love to option to buy and sell crypto so easily. Crypto prices move quickly. I can set alerts when I want to get in and for when I want to get out. The availability of index funds also balance it well. I like reading the articles and morningstar ratings that provide direction on market sentiment, fair value and quick earnings results. Incentivized Verified User Anonymous Read full review	thinkorswim I would not hesitate to recommend thinkorswim to someone who wants to get into the stock market. The opportunity to use "paper money" can help beginners learn the fundamentals of trading without any risk. Although the trial period is only 60 days, [that's a] good amount of time for new users to learn enough before venturing out into the real world. Adding to the positives, thinkorswim mobile app is superb and a great way to keep up with your portfolio on the go. Incentivized Verified User Anonymous Read full review
Pros	Robinhood No answers on this topic	thinkorswim Day Trading Swing Trading Long term Investment Incentivized Sunil Agarwal Technical Lead - SRE Read full review
Cons	Robinhood No answers on this topic	thinkorswim Offering more streaming platforms, like bloomberg for example or Fox Business. Incentivized John Miller Managing Partner Read full review
Alternatives Considered	Robinhood No answers on this topic	thinkorswim I have personally used Charles Schwab mobile app and online page for about 3 years and have been thoroughly satisfied. Before TD Ameritrade and Charles Schwab merged, I had used thinkorswim for the 60-day paper money trial before using my real money on investments. I confidently believe the time I've spent on thinkorswim has helped me mitigate any big losses in my investments. As for robinhood, the mobile app is a lot better for beginners to understand and the UI can be described as more aesthetically pleasing. thinkorswim triumphs in many other aspects [as well] such as being backed up by TD Ameritrade and Charles Schwab and the plethora of knowledge [a user can access]. Incentivized Verified User Anonymous Read full review
Return on Investment	Robinhood No answers on this topic	thinkorswim Easy to place orders Easy to analyse stocks Easy to check over all portfolio Incentivized Sunil Agarwal Technical Lead - SRE Read full review
ScreenShots