Using data from our latest annual broker review which tested more than a dozen different online brokers
over six months, we can compare Just2Trade vs Robinhood to determine which broker is best. Let's dive in.
First, we will break down the commission charges of both brokers for placing stock and options trades. Just2Trade, with its regular stock trades costing $2.50, is more expensive than Robinhood's rate of $0 per trade. For options trading, Just2Trade has a base fee of $2.50, and Robinhood a base fee of $0. Each option contract then costs $0.50 at Just2Trade and $0 at Robinhood. Instead of flat rate fees, several brokers charge a per-share fee instead. For a complete review of trading charges, read our full online broker reviews
Next, investors want to make sure they can trade the investment vehicle they want. Robinhood offers clients Stock Trading and Options Trading while Just2Trade offers Stock Trading, Options Trading, Mutual Funds and Futures Trading. As far as mutual funds go, Just2Trade boasts an offering of 3000 mutual funds compared to Robinhood's 0 available funds. And, commission free ETFs deserve a comparison, which for investors means access to 0 commission free ETFs at both brokers.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Just2Trade has virtual trading, Robinhood doesn't. For mobile trading, Just2Trade supports the iPhone App and Android App while Robinhood supports the iPhone App, iPad App and Android App. Online banking is also used by many customers, and multiple full-service brokerages provide these services. Banking is not popular with Just2Trade and Robinhood as Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are all unavailable. All factors considered, when it comes to platform tools, research, and mobile trading, neither Just2Trade nor Robinhood were rated Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, both Just2Trade and Robinhood hold a 2.50 star rating.