Robinhood vs Stash in Comparison 2022 | Which One is Better?


Robinhood and Stash are both investment platforms that allow you to invest in stocks, ETFs, and options. They have a lot of similarities, but there are also some key differences.

Robinhood vs Stash

Robinhood allows you to buy and sell stocks and ETFs immediately, while Stash allows you to buy them only after they've been added to a portfolio.

Also, Robinhood offers a wider selection of stocks and ETFs, while Stash offers a wider selection of investment options, including individual stocks, bonds, and real estate investment trusts (REITs).

There are a lot of differences that you need to know before making one of them your primary trading platform. So, here is the Robinhood vs Stash comparison. Therefore you can choose the best one for yourself.

Disclaimer: It's an unbiased comparison. AtoZ Markets is in no way responsible for any opinions made by the writer. If you are from broker and find anything incorrect, please contact AtoZ Markets' editorial team.

About Stash

About Stash

image credit: Stash

Stash charges 1 per month for taxable accounts above $5000, 0.25% for larger accounts. Stash is charging $2 a day for savings accounts below $5,000 as well as 0.25% on accounts above $5,000 in savings accounts. There are many different types of Roth IRAs available. You can invest into a stock exchange-traded fund, and Stash does not charge trading or brokerage commissions. Stash is great for beginners in investing because the program gives suggestions on creating the best possible investment portfolio, which allows for free choices of investment.

About Robinhood

About Robinhood

image credit: Robinhood

Robinhood offers an option for investment with shares or ETFs and also provides an alternative to Bitcoin. Note: Investors should avoid the option and digital currency market and focus primarily on stocks and ETF offers. While the cheapest broker offers a minimum of four percent of buy-and-sell transactions, Robinhood charges no fees. It makes small investments easier while still paying fees in return for the extra investment. The business is very well regarded. Even though zero fee might not look like real money with Robinhood it really is the result.

Robinhood vs Stash: Trading Experience

Robinhood and Stash are both popular investment apps that offer commission-free stock trading. They both have their pros and cons, but which one is right for you?

Desktop Trading Platform

Desktop trading platform

Layout

Robinhood's layout is simple and easy to use. The main screen displays the stock or ETF you are looking at, with the current price, change, and volume below. The order entry area is at the bottom of the screen, and it is easy to enter a market or limit order. The order confirmation screen is also easy to read, and it clearly shows the order details, including the order type, price, and time.

Stash's layout is more complex. The main screen displays the stock or ETF you are looking at, with the current price, change, and volume below. The order entry area is at the top of the screen, and it is not as easy to enter a market or limit order. The order confirmation screen is also difficult to read, and it does not clearly show the order details, including the order type, price, and time.

Features

Robinhood and Stash are both desktop trading platforms that offer investors a variety of features to make their trading experience easier. These features include real-time quotes, watch lists, alerts, and research tools. In addition, both platforms offer commission-free trading.

However, there are a few key differences between Robinhood and Stash. First, Robinhood is designed for investors who want to trade stocks and ETFs. Stash is designed for investors who want to invest in a variety of assets, including stocks, ETFs, and mutual funds.

Ease of Use

Robinhood is a little more user-friendly than Stash. It is designed for investors who want to trade stocks and ETFs. Stash is designed for investors who want to invest in a variety of assets, including stocks, ETFs, and mutual funds.

Mobile Trading Platform

Mobile trading app

Robinhood and Stash are both mobile trading platforms that offer a streamlined experience for trading stocks and ETFs.

Robinhood's user interface is sleek and easy to navigate. The platform offers a variety of order types, including market, limit, stop, and stop-limit orders. Orders can be placed for individual stocks and ETFs, as well as for baskets of stocks and ETFs. The platform also offers a variety of charting and analysis tools, as well as a newsfeed to keep investors up-to-date on market news.

Stash's user interface is also sleek and easy to navigate. The platform offers a variety of order types, including market, limit, stop, and stop-limit orders. Orders can be placed for individual stocks and ETFs, as well as for baskets of stocks and ETFs. The platform also offers a variety of charting and analysis tools, as well as a newsfeed to keep investors up-to-date on market news.

Overall, both Robinhood and Stash offer investors a streamlined mobile trading experience. Robinhood is commission-free, while Stash charges a $1 per month account management fee. Both platforms offer various investment options and a wealth of analytical tools.

Robinhood vs Stash: Usability

When it comes to usability, Robinhood is the clear winner. Robinhood is extremely user-friendly and easy to use. The app is designed with a minimalist aesthetic and is very intuitive. All of the features are easy to find and use.

Stash is not as user-friendly as Robinhood. The app has a more cluttered design and is not as intuitive. Some of the features are difficult to find and use.

Overall, Robinhood is the better investment app when it comes to usability. It is easy to use, intuitive and has a minimalist design.

Robinhood vs Stash: Fees

Robinhood and Stash are both investment platforms that allow users to invest in stocks, ETFs, and cryptocurrencies. Both platforms have no account minimums, no commissions on stock or ETF trades, and no inactivity fees.

However, there are some differences between the two platforms when it comes to fees.

Trading fees

Robinhood has two types of fees: trading fees and margin interest. Trading fees are charged when you buy or sell stocks, and they vary depending on the type of order you place. For example, a market order is free, but a limit order costs $5.

For margin trading, margin interest is charged when you borrow money from Robinhood to trade with. The interest rate varies depending on the size of your margin loan and the length of the loan.

Stash has two types of fees: investment fees and account fees. Investment fees are charged when you buy or sell investments, and they vary depending on the investment. For example, stocks cost $1 per trade, but ETFs cost $0.50 per trade.

Account fees are charged monthly, and they vary depending on the type of account you have. For example, basic accounts cost $1 per month, but premium accounts cost $3 per month.

Inactivity Fees

If you are like most people, you have a lot of stuff to do. You probably don't have time to constantly monitor your portfolio to make sure you are not being charged an inactivity fee. That's where Robinhood and Stash come in.

Robinhood does not charge an inactivity fee. So, if you are busy, you can just let your portfolio sit and not worry about it.

Stash, on the other hand, charges an inactivity fee. So, if you are busy, you will have to make sure you are actively investing in order to avoid being charged.

Non-Trading/Other Fees

Robinhood offers a commission-free trading platform, meaning that you will not be charged a commission for buying or selling stocks. In addition to commission-free trading, Robinhood also does not charge a fee for account maintenance or to deposit or withdraw funds.

However, Stash does charge a commission for buying and selling stocks, which can range from $0.99 to $6.99 per trade. In addition to commission fees, Stash also charges a $3 monthly fee for account maintenance. This fee can be waived if you deposit at least $5 into your account each month. There is also a 1% fee for instant transfers.

Also, Stash charges $75 for transferring an account to another brokerage firm. However Robinhood charges a similar fee for partial or full account transfer.

Robinhood vs Stash: Investment options

There are a few key differences between Robinhood and Stash when it comes to investment options.

Robinhood offers investing options, including stocks, options, ETFs, and cryptocurrencies. Stash offers a wider range of options, including stocks, ETFs, smart portfolio and mutual funds.

Robinhood has a lower minimum deposit requirement than Stash. You can start investing with Robinhood with just $0, while Stash requires a minimum deposit of $5 for a smart portfolio.

Robinhood offers commission-free trading, while Stash charges a commission on some transactions.

Overall, Robinhood is a better option for investors who want a wider range of investment options and don't mind paying commissions on some transactions. Stash is a better option for investors who want a more limited range of investment options and don't mind paying a minimum deposit.

Robinhood vs Stash: Account Types

Robinhood and Stash are both investment platforms, but they have different account types. Robinhood offers instant, gold, cash these three types of accounts. In contrast, Stash offers beginner, growth, and Stash+ account

The main difference between the two platforms is that Stash offers retirement accounts, while Robinhood does not. This is important for people who want to save for retirement. Stash also offers a variety of investment options, while Robinhood offers a limited selection. But Robinhood offers brokerage account.

Overall, Stash is a better option for people who want to save for retirement, and Robinhood is a better option for people who want to invest for short-term gain.

Robinhood vs Stash: Regulations

Broker regulation

Robinhood and Stash are both applications that allow users to invest in stocks and other securities. However, there are several important regulatory differences between the two applications.

Robinhood is a registered broker-dealer with the Securities and Exchange Commission (SEC), while Stash is not. This means that Robinhood is subject to various regulatory requirements, such as the requirement to maintain certain financial ratios and comply with certain disclosure requirements.

Stash is also subject to certain regulatory requirements, but these are not as stringent as the requirements that apply to Robinhood. For example, Stash is subject to the Investment Company Act of 1940, which requires broker-dealers who offer investment products, such as mutual funds and ETFs, to disclose certain information about those products to their investors. However, Stash is also regulated by FINRA. And, both platforms have $500,000 SIPC coverage.

Overall, there are several important regulatory differences between Robinhood and Stash. Robinhood is a commission-free broker registered with the SEC, while Stash is a broker-dealer that charges commission fees. Additionally, Robinhood offers its users a limited range of investment options, while Stash offers its users a variety of investment options, including mutual funds and ETFs.

Robinhood vs Stash: Security

Broker security

Both Robinhood and Stash offer a high level of security for their users. However, there are a few key differences.

Robinhood stores all user data in encrypted form and requires multiple layers of authentication, including username, password, and a 4-digit PIN. In addition, Robinhood offers 2-factor authentication, which requires users to enter a one-time code generated by an app or send it to their mobile phone in order to log in.

Stash takes security a step further, requiring users to create a six-digit passcode to access their account. In addition, Stash offers 2-factor authentication and a feature called "Location-based security," which requires users to enter a one-time code generated by an app or send it to their mobile phone each time they sign in from a new location.

So, which is more secure? In general, both Robinhood and Stash offer a high level of security. However, Stash's extra security features make it a bit more secure than Robinhood.

Robinhood vs Stash: Customer Support

Customer Support

Robinhood and Stash are both customer-centric companies that prioritize the needs of their customers. However, there are some key differences in each company's customer support.

Cost

They also have different customer support costs. Robinhood charges no customer support fees. However, their wait time for customer support is often long.

Stash does not charge customer support fees too. However, their wait time for customer support is often short.

Availability

Robinhood offers customer support through a ticket submission system on its website. Customers can submit a ticket with their question or issue, and a customer service representative will respond to the ticket. Robinhood also offers a phone line for customer support, but it is not toll-free, and there is no option to live chat with a customer service representative.

Stash offers customer support through a phone line, email, and live chat. The phone line is toll-free, and customers can live chat with a customer service representative. Email support is also available, and Stash responds to emails within 24 hours.

Speed

Robinhood's customer support is notoriously bad. In fact, it has been rated one of the worst customer support teams in the entire financial industry.

Stash, on the other hand, has an excellent customer support team. They are quick to respond to queries and are always willing to help. In fact, Stash's customer support is one of the main reasons why people are choosing to switch from Robinhood.

Stash vs Robinhood: Research and Tools

Robinhood offers a limited amount of research and tools. The app's main focus is on commission-free stock trading, so there isn't a lot of research available beyond what's available on the company's website.

However, Robinhood does offer a few useful tools, including a market scanner that allows you to see what stocks are being traded the most and a heat map that shows where stocks are being bought and sold.

Stash offers a lot more research and tools than Robinhood. The app has a library of investment research from top providers, including Morningstar, Bloomberg, and TheStreet.

Stash also offers a variety of tools, including a portfolio scanner that allows you to see how your portfolio is performing relative to the market and a retirement planner that helps you plan for retirement.

In conclusion, if you're looking for a lot of investment research and tools, Stash is the better option. If you're mainly looking for commission-free stock trading, Robinhood is a good choice.

Is Robinhood Better Than Stash?

Robinhood and Stash are both brokerage firms that allow you to buy and sell stocks, ETFs, and options. Both platforms are commission-free, which is a big draw for many investors.

There are a few key differences between Robinhood and Stash, however. For one, Stash offers a wider variety of investment options, including individual stocks, bonds, and mutual funds. On the other hand, Robinhood is better for more experienced investors who are comfortable trading individual stocks and ETFs.

Another key difference is that Stash offers a retirement account option, while Robinhood does not. This could be a big deciding factor for investors who are looking for a platform that can help them save for retirement.

Overall, both Robinhood and Stash are good options for investors looking for a commission-free brokerage. It really depends on your investment needs and experience level as to which platform is better for you.

Conclusion

So, that was the comparison of Robinhood vs Stash. Based on the differences, Robinhood is the better choice for investors who want to avoid commission fees and wider investment options and who are active traders. Stash is a more affordable option for those with a smaller budget, although its investment selection is narrower. However, it will be your personal preference which one you should choose.

Yet, if you have more focus on retirement accounts then Stash can be the deal for you. But based on account minimum, fees, security Robinhood is one step ahead of Stash. Also, you can do crypto trading in Robinhood.