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 charges $2.50 per stock trade which is $2.50 more than Robinhood which charges customers $0 per trade. Looking at trading options, Robinhood's base fee is $0 while Just2Trade's is $2.50. 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 supports Stock Trading and Options Trading while Just2Trade supports Stock Trading, Options Trading, Mutual Funds and Futures Trading. As far as mutual funds go, Just2Trade offers its clients access to 3000 different mutual funds while Robinhood has 0 available funds, a difference of 3,000. And, commission free ETFs deserve a comparison, Robinhood offers 499 commission free ETFs versus Just2Trade's total of 0.
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 offers the iPhone App and Android App while Robinhood offers the iPhone App, iPad App and Android App. Online banking is also used by many customers, and multiple full-service brokerages provide these services. Unfortunately, Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are not available at Just2Trade or Robinhood . All factors considered, when it comes to platform tools, research, and mobile trading, both Just2Trade and Robinhood found themselves without awards for 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.