The StockBrokers.com annual broker review assesses more than a dozen different brokers over six months, surfacing the best online stock brokers. This review compares Just2Trade vs Robinhood. Is Just2Trade or Robinhood a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. Just2Trade charges more than Robinhood for placing regular stock trades ($2.50 and $0, respectively). 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. Note that some brokers charge a per-share fee instead of a flat-fee commission. For a full breakdown of commissions, read our online broker reviews.
For our next comparison of these two brokers, being able to trade the way you want is a must. Robinhood provides its clients with Stock Trading and Options Trading while Just2Trade provides clients access to Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, Robinhood trails Just2Trade by 3,000 total mutual funds, with Just2Trade offering 3000 and Robinhood offering 0.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Just2Trade makes virtual trading available to clients, while Robinhood does not. For mobile trading, Just2Trade offers the iPhone App and Android App while Robinhood offers the iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple 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.