The StockBrokers.com 2017 Brokerage Review assessed 16 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). Looking at trading options, Just2Trade's base fee is $2.50 while Robinhood's is $N/A. Just2Trade's per contract rate of $0.50 is less than Robinhood which charges $N/A. 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 offers clients Stock Trading while Just2Trade offers Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, Just2Trade offers its clients access to 3000 different mutual funds while Robinhood has 0 available funds, a difference of 3,000. Commission free ETFs can also be a nice plus, which in this case means trading a possible 0 commission free ETFs at both brokers.
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 offer clients access to an iPhone App and Android App while Robinhood has an 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. On the whole, when it comes to tools, research, and mobile trading, unfortunately, neither Just2Trade nor Robinhood received awards 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.