Difference between Robinhood and Stash
Robinhood and Stash are both aimed at providing financial services via technology to their customers. They are based in the United States of America. Robinhood is a solid choice for crypto trading. Stash, on the other side, offers investment program for beginners.
Robinhood[edit]
Robinhood has it headquarters in California. It is basically a trading platform that allows cryptocurrency trade, offers free stocks and options. Robinhood was the only platform that allowed free trade with no minimum balance requirement until 2019. More online brokers emerged that too eliminated minimal fees requirement after 2019. Despite of this competition, it is still the only platform that gives traders the opportunity of cryptocurrency exchange. Robinhood has a website and a mobile app for its users.
Stash[edit]
Stash provides its services for beginners in investment and trade business. It offers its customers the fractional investment. This means the investors can buy stocks portions of a company or they can also buy fund share for even pennies.
Stash has an additional feature of charging $1-$9 per month depending upon the account type. This includes charging $1 per month for brokerage account and access to Stash bank account with a debit card. They charge $3 per month for a brokerage account, bank account and a retirement account. For $9 per month, Stash offers all of above services along with two custodial accounts, metal debit card, turbocharged reward program and investment research report.
| Robinhood | Stash | |
|---|---|---|
| Type | A trading platform. | Investment platform for the beginners. |
| Headquarters | Headquarter are located in California. | Stash's headquarters are located in New York City. |
| Year of foundation | Robinhood was founded in 2013. | It was founded in 2015. |
| Industry | It provides financial services. | It also provides financial services, as well as banking services. |
| Accounts supported | No such data. |
|
| Special offers | Referring a friend promises free share of the stocks. | Referring a friend provides $560 cash credit for investment. |
Venn Diagram[edit]
