Robinhood cons Minimal analytics and research tools –In order to keep a streamlined UI, Robinhood offers little in the way of real-time data and analytics. Many users report needing to keep third party apps like ThinkOrSwim or Yahoo! Finance open in the background. No retirement accounts –Webull offers a free IRA while Robinhood does not. Questionable customer support –Users report challenges getting through to Robinhood’s customer support team through email. Webull cons More complex interface– Webull’s interface more closely resembles something a professional broker would see, which may intimidate or confuse beginners. No crypto trading– Webull has announced that they’ll include crypto trading at some point, but no date has been set. Until then, you’ll have to swap Dogecoin on Robinhood or Coinbase. Less beginner-friendly– Webull offers access to a staggering level of real-time data, analytics, and background research which might delight veteran traders but overwhelm newbies. Why choose Robinhood? Friendly to new investors Robinhood is very clearly geared towards young new investors. The platform is simple, streamlined, and easy to use. Thanks to instant verification you can sign up, transfer funds, and make trades within a matter of minutes. Robinhood is barebones but simple. Webull is comprehensive but complex. A solid cryptocurrency platform Though Coinbase is a popular choice for crypto traders, Robinhood adds the ability to trade other assets within the same platform 24/7 and charges no commission. Though crypto trades are not insured by any regulatory body (yet), Robinhood simply strikes me as a safer place to trade such a volatile commodity....
