Robinhood vs TD Ameritrade - What You Need to Know!

In this video, I break down Robinhood vs TD Ameritrade and explain which $0 commission brokerage is best for you. Robinhood and TD Ameritrade are both fantastic for investing in stocks.

To compare TD Ameritrade vs Robinhood, I compare their fees, features, customer service, and their mobile apps. By understanding these, you should be able to pick the best brokerage for you.

First, I talk about the fee structures of Robinhood vs TD Ameritrade. Robinhood took the stock market by storm when it announced $0 commission trading. Because of this, the Robinhood app gained immediate popularity among young people.

On the other hand, TD Ameritrade offers free trading with a few catches. For options and futures contracts, as well as OTC investing, you have to pay a fee. So if you trade options, then you might want to go with Robinhood.

Next, I explain the features of Robinhood vs TD Ameritrade. Just like Fidelity and Etrade, TD Ameritrade offers more trading options than Robinhood does. With TD Ameritrade, you can trade stocks, bonds, funds, options, futures, OTC, and forex. However, with Robinhood, you're limited to stocks, ETFs, and options.

Also, Robinhood allows you to trade cryptocurrency while TD Ameritrade does not. So, if you like to trade Bitcoin, then Robinhood might be the best brokerage for you.

The next way to compare TD Ameritrade vs Robinhood is by analyzing their customer service. TD Ameritrade has significantly better customer service than Robinhood. You can get in contact with a real person 24/7. However, the only option with Robinhood is to email customer support.

TD Ameritrade is the better brokerage customer service-wise. Lastly, I break down the mobile apps of Robinhood vs TD Ameritrade. The TD Ameritrade app is a little bit subpar, while the Robinhood app is amazing.

So, the best brokerage for you depends on your investing goals and priorities. Some people might like Robinhood and some people might like TD Ameritrade. Others might even choose Etrade or Fidelity. To learn about Etrade and Fidelity, check out my other videos.

Again, this video is about Robinhood vs TD Ameritrade and is meant to explain investing for beginners. Hopefully, now you can pick the best $0 commission brokerage for you.
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You might like:

Robinhood vs Etrade
https://www.youtube.com/watch?v=yi7ZIKWW9Hw&t=110s

TD Ameritrade vs Fidelity
https://www.youtube.com/watch?v=gWwc19TXeMc&t=110s

TD Ameritrade vs Etrade
https://www.youtube.com/watch?v=MFOi4_ddyiU&t=396s

Видео Robinhood vs TD Ameritrade - What You Need to Know! канала Joey Wakeman