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Robinhood vs. Stash

These platforms are so well-matched that the best choice boils down to account and asset options.

Beginner-friendly Robinhood and Stash have plenty in common, from commission-free trades to a lack of advanced analytics. The right platform hinges on your account preferences and what you plan to trade.

Which one is better?

  • Choose Robinhood if you want access to options trading or the cryptocurrency market, or if you want to invest in IPOs at IPO prices.
  • Choose Stash if you need to open a retirement account.

Based on the star schema system we use to rate trading platforms, Stash scrapes a win from its competitor with a composite rating of 3.7 out of 5 to Robinhood’s 3.5 out of 5. But the numbers are so close that we think each platform deserves to be considered for its individual merits.

These two trading platforms have a lot in common. They both cater to new investors and offer a similar lineup of commission-free securities — although Robinhood’s cryptocurrency and options trading gives it an edge over its competitor.

Robinhood also offers more sophisticated research tools, and it gives its users a chance to buy some IPOs at pre-market IPO prices. What’s more, Robinhood has reserved 20% to 35% of shares in its upcoming IPO to offer them exclusively to its customers, giving them a higher chance to grab Robinhood’s shares at IPO prices.

But if Robinhood offers so much more than Stash, why does the latter earn a higher rating? It comes down to reliability. While the occasional mobile app error isn’t the end of the world, major service outages have the potential to impact investors.

Robinhood had a major outage in March 2020. It also limited trading by its customers in so-called meme stocks like GameStop and AMC in January 2021. None of this happened with Stash.

Overview

RobinhoodStash
Fees

★★★★★ 4/5

★★★★★ 4.5/5

Available securities

★★★★★ 4/5

★★★★★ 2/5

Customer support

★★★★★ 3/5

★★★★★ 2/5

Mobile app

★★★★★ 4.8/5

★★★★★ 4.5/5

Research and tools

★★★★★ 3/5

★★★★★ 2.5/5

Reliability

★★★★★ 2/5

★★★★★ 5/5

Bonus star

1

We awarded a bonus star for Stash’s stock-back rewards program.

To learn how our star ratings are calculated, read the methodology at the bottom of the page.

How do Robinhood and Stash compare?

RobinhoodStash
Robinhood logo
Open an account
Stash logo
Open an account
Finder’s rating

★★★★★ 3.5/5

Robinhood is a trading platform for beginners that offers easy-to-navigate software, no account minimums and no commission fees. Research and analytics tools are somewhat limited, but investors can bump up their brokerage account to Robinhood Gold for $5 monthly to receive Morningstar research reports, Nasdaq Level II Market Data and instant access to deposits of $5,000 to $50,000.

★★★★★ 3.7/5

Stash is a no-frills investment platform offering access to stocks, bonds and ETFs. The platform has several unique offerings up its sleeve, including a subscription-based pricing model that offers access to research tools, educational resources and commission-free trading for a flat monthly fee ranging from $1 to $9. Investors are also eligible for a free checking account and debit card equipped with a stock-back rewards program.

Stock trade fee$0$0
Option trade fee$0N/A
Annual fee0%$1/month
Minimum deposit to open$0$0
Benefits
  • Cryptocurrency. Robinhood sets itself apart from a number of its competitors with cryptocurrency trading — a market not many platforms offer access to.
  • Fast approval. Deposits of up to $1,000 are approved in seconds.
  • No monthly fees. Robinhood trades are commission-free and there are no monthly fees to access the platform.
  • Chance to buy IPO stocks. Robinhood lets its customer buy IPO stocks at IPO prices. It isn’t guaranteed that your order will go through, though, or that you’ll get the number of shares you want.
  • Stash banking. Investors receive a free checking account and debit card.
  • Automated features. Stash’s Auto-Stash and Stock-Back rewards help investors automate savings and earn stock from qualifying purchases.
  • Retirement accounts. Stash offers both Traditional and Roth IRAs.
Drawbacks
  • No IRAs. Investors seeking retirement accounts will need to look elsewhere.
  • Limited support. Robinhood support is limited to email inquiries.
  • Service outages. Several service outages were reported in early 2020.
  • Monthly fees. Ongoing monthly fees have the potential to impact your bottom line.
  • Limited securities. A Stash brokerage account only offers access to stocks, bonds and ETFs.
  • Slow support. Customers complain of support wait times. It took us several days to get a response.
Tools and research
  • Newsfeed. Review topical investor news from the Financial Post, MarketWatch, Reuters and the New York Times.
  • Daily stock information. Receive a daily rundown of significant movers within the market.
  • Robinhood Gold. Pay $5 monthly for Morningstar and Nasdaq Level II Market Datastock research reports.
  • Education library. Explore the platform’s education hub, Stash Learn, to learn about industry jargon, stock offerings and investment basics.
  • Market insights. Upgrade to a Stash+ plan to receive a monthly market insights report that covers market, industry and economy trends.
  • Retirement calculator. Answer questions about your goals and assets to receive a customized retirement savings plan.
Reputation and customer reviews
  • Reviews are: Mostly negative.
  • Customers praise: Beginner-friendly platform and commission-free trades.
  • Customers complain about: Limited customer support and cash withdrawal delays.
  • Reviews are: Mixed.
  • Customers praise: Its easy-to-navigate mobile app and educational resources.
  • Customers complain about: Unresponsive customer service.
Apple App Store reviews

★★★★★ 4.8/5

★★★★★ 4.7/5

Google Play Store reviews

★★★★★ 4.3/5

★★★★★ 4/5

Support
  • Email. Fill out an online support ticket request on Robinhood’s website for an email response from the customer service team.
  • Phone. Call 800-205-5164
  • Email. Fill out a support ticket on Stash’s website for an email response from the team.
Learn more

Read our review

Read our review

Bottom line

There’s a lot of common ground between these two beginner-oriented platforms. Robinhood has a stronger lineup of tradable securities, but doesn’t offer retirement accounts. Stash has a resource-rich learning hub, but lacks some of the more sophisticated market reports available to Robinhood Gold investors.

Before you choose a platform, compare your trading account options with multiple providers to find the broker best suited to your investment needs.

Frequently asked questions

Does Stash offer fractional shares?
Yes, Stash’s fractional shares start at $0.01.

How do I fund my Stash account?
The only way to fund your Stash account is with a bank transfer.

What types of accounts can I open with Stash?
Stash offers individual brokerage accounts, custodial accounts, Traditional IRAs and Roth IRAs.

What cryptocurrencies are available on Robinhood?
Robinhood offers access to the following cryptocurrencies:

  • Bitcoin
  • Bitcoin Cash
  • Bitcoin Gold
  • Bitcoin SV
  • Dash
  • Dogecoin
  • Ethereum
  • Ethereum Classic
  • Lisk
  • Litecoin
  • Monero
  • NEO
  • OmiseGO
  • Qtum
  • Ripple
  • Stellar
  • Zcash

How we rate trading platforms

★★★★★ 5/5 — Excellent

★★★★★ 4/5 — Good

★★★★★ 3/5 — Average

★★★★★ 2/5 — Subpar

★★★★★ 1/5 — Poor

We analyze top online trading platforms and rate them one to five stars based on factors that are most important to you. These factors include fees, securities available for trade, customer support, customer feedback, platform resources and overall reliability.

For a complete breakdown of how we score each category, read the full methodology of how we rate trading platforms.

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