Comparing brokers side by side is no easy task. For our annual broker review, we assess over a dozen brokers on hundreds of different variables to find the best online broker
. Yielding a database of over 4,000 data points, let's compare Just2Trade vs Robinhood.
To start this comparison, first, we will take a look at the online broker commission rates for placing regular stock and options trades. Just2Trade charges $2.50 per stock trade which is $2.50 more than Robinhood which charges customers $0 per trade. For options trading, Just2Trade has a base fee of $2.50, and Robinhood a base fee of $0. Robinhood's per contract rate of $0 is less than Just2Trade which charges $0.50. It's important to note that not all brokers charge a flat fee per trade. Thus, it is important to read the full commission notes for each broker, which we include with each online broker review
Next to commission rates, being able to trade what you want is important. Robinhood supports Stock Trading and Options Trading while Just2Trade supports Stock Trading, Options Trading, Mutual Funds and Futures Trading. Looking at mutual funds, Robinhood trails Just2Trade by 3,000 total mutual funds, with Just2Trade offering 3000 and Robinhood offering 0.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. Just2Trade makes virtual trading available to clients, while Robinhood does not. Taking a look at mobile trading, Just2Trade supports the iPhone App and Android App while Robinhood supports the iPhone App, iPad App and Android App. Not to be left out, online banking is also a nice benefit for many investors, and some brokerages provide these services to clients. Banking is not popular with Just2Trade and Robinhood as Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are all unavailable.
Overall, between Just2Trade and Robinhood, Just2Trade is the winner