Robinhood vs. Stash: 2023 Comparison

Robinhood offers free trading and appeals more to active investors, while Stash offers far more educational content and the option for a managed portfolio.
Kevin Voigt
By Kevin Voigt 

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We're doing more and more on our phones every day, and that includes investing. If mobile trading matters to you, two names worth comparing are Robinhood and Stash.

The main differences between Robinhood and Stash are that Robinhood is a free-trading app, designed for investors who want to actively trade stocks, options, exchange-traded funds and cryptocurrency. Stash aims to make the process of finding and selecting investments — specifically exchange-traded funds and individual stocks — easy and approachable for beginners to build their portfolio. Stash also offers a managed portfolio for investors who want to be completely hands off.

Here's more on how they compare.

NerdWallet rating 

on Robinhood's website

Robinhood is best for:

  • Mobile users.

  • Individual taxable accounts and IRAs.

  • Margin accounts.

Robinhood at a glance

Account minimum

$0 for brokerage accounts, Robinhood Gold accounts and IRAs.

Stock trading costs


Options trades

$0. Options not currently available in IRAs.

Account fees (annual, transfer, closing, inactivity)

No annual, inactivity or ACH transfer fees. $100 ACAT outgoing transfer fee. (Robinhood Gold costs $5 a month.). Matching funds in IRAs may be taken back if money is withdrawn after less than five years.

Tradable securities

• Stocks. • ETFs. • Options. (Not available in IRAs.) • Cryptocurrency. (Not available in IRAs.) • American Depositary Receipts for over 650 global companies. • Fractional shares.

Crypto availability

15 coins in 48 states. (Not available in IRAs.)

Number of no-transaction-fee mutual funds

Not rated.

Trading platform

Web platform is simple but meets basic investor needs.

Mobile app

Mobile trading platform includes customizable alerts, news feed, candlestick charts and ability to listen live to earnings calls.

Research and data

News available from Benzinga, Reuters, Bloomberg and WSJ. Gold members have access to research from Morningstar, Nasdaq, Nasdaq Totalview level II Market Data for an additional $5 per month. Portfolio recommendations available for IRAs for no additional charge.

Customer support options (includes how easy it is to find key details on the website)

Email, social media, in-app request-to-call service 24/7.

NerdWallet rating 
Read review

Stash is best for:

  • Beginners who want to learn how to invest.

  • Investors who want to buy fractional shares.

  • Investors who want to choose their own investments and get automated portfolios.

Stash at a glance

Reviewed: Oct. 2022

Period considered: Aug. - Oct. 2022

Account minimum

$0 ($5 for Smart Portfolios).

Account management fee

$3 per month for automated investing.

$9-a-month tier available with access to Kids Portfolios (custodial accounts) and higher Stock-Back® rewards.

Full details about each option below.

Investment expense ratios

Average is less than 0.06% for Smart Portfolios.

Account fees (annual, transfer, closing)

$0 standard transfer fee, or 1% fee for instant transfers.

Outgoing ACAT full transfer fee: $75.

Portfolio mix

Smart Portfolio mix is well-diversified but lacks exposure to non-market correlated assets like REITs and commodities. Smart Portfolio does give access to cryptocurrency.

Over 4,000 individual stocks and ETFs are available in the DIY individual brokerage account.

Socially responsible portfolio option

No automated socially responsible portfolio.

Themed ETFs, including socially responsible ETFs, are available in the DIY individual brokerage account.

Accounts supported

  • Individual brokerage accounts

  • ROTH and Traditional IRAs

  • UGMA/UTMA accounts

Note: Only individual brokerage accounts are available to be managed with Smart Portfolios. IRA and UTMA/UMGA accounts are available for DIY management only.

Tax strategy

Not available.

Automatic rebalancing

Smart Portfolios option features automatic rebalancing upon withdrawals or contributions, plus quarterly rebalancing.

Human advisor option

Not available.

Bank account/cash management account

Stash offers access to an online banking account with a stock-back rewards debit card, but the account doesn't pay interest.

Customer support options (includes how easy it is to find key details on the website)

Phone and email support Monday-Friday, 8:00 a.m. to 8:00 p.m. Eastern.

Additional email support is available on weekends from 10:00 a.m. to 6:30 p.m. Eastern.

» Curious about other options? View the best stock apps

NerdWallet rating 


NerdWallet rating 


NerdWallet rating 





per trade for online U.S. stocks and ETFs



per share; as low as $0.0005 with volume discounts



per trade

Account minimum 


Account minimum 


Account minimum 



Get $100

when you open a new, eligible Fidelity account with $50 or more. Use code FIDELITY100. Limited time offer. Terms apply.



US resident opens a new IBKR Pro individual or joint account receives 0.25% rate reduction on margin loans. Tiers apply.


Get up to $600 or more

when you open and fund an E*TRADE account


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For more details about the categories considered when rating providers and our processes, read our full broker ratings methodology and our full robo-advisor ratings methodology

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