Investing comparison
Robinhood vs Charles Schwab
Updated
Before you compare: This compares features and fees from each company's own pages. It isn't investment advice, and investing involves risk, including loss of money.
Full disclosure: Taylor Price, who runs Priceless Tay, owns Fifecta, so keep that in mind as you read this comparison.
Short answer
Robinhood and Charles Schwab are both investing apps. Robinhood Strategies has a 0.25% annual management fee, while Schwab Intelligent Portfolios, Schwab's robo-advisor, lists no advisory fee and no commissions. We checked both on Oct 24, 2026, and the official sources differ on 9 of the 10 rows in the table below.
Robinhood vs Charles Schwab at a glance
Robinhood and Charles Schwab are both investing apps. This page puts what each company's official pages and app store listings say side by side, with the date we checked every fact. The sources differ on 9 of the 10 rows in the table below.
Management or subscription fee
Robinhood Strategies has a 0.25% annual management fee. Eligible Robinhood Gold members ($5 monthly subscription) pay it on only the first $100,000 of assets in their account. Schwab Intelligent Portfolios, Schwab's robo-advisor, lists no advisory fee and no commissions. You still pay the operating expenses of the ETFs in the portfolio. We checked both on Oct 24, 2026.
Account minimum
Robinhood Strategies has a minimum investment requirement of $50. Schwab lists a $0 account minimum for brokerage accounts and IRAs. Schwab Intelligent Portfolios has a $5,000 minimum. We checked both on Oct 24, 2026.
Stock and ETF commissions
Robinhood says investing with a Robinhood investing account is commission free for stocks, ETFs and their options, and it doesn't charge fees to open or maintain your account. Schwab lists a $0 online commission for listed stocks and ETFs. Options are $0 plus $0.65 per contract. We checked both on Oct 24, 2026.
Account types
Robinhood lists these account types: Individual, Traditional IRA, Roth IRA, Smart Income account, Revocable trust and Custodial. Charles Schwab lists these account types: Brokerage (Individual and Joint), IRA (Traditional, Roth, or Rollover), Schwab One Custodial (UGMA/UTMA), 529 College Savings, Education Savings, Inherited IRA/Inherited 401(k), SEP-IRA, SIMPLE-IRA, Individual 401(k) Plan and Schwab One Trust. We checked both on Oct 24, 2026.
Fractional shares
Robinhood says you can invest in certain stocks and ETFs with as little as $1 through fractional shares. Schwab says you can own fractional shares of most U.S.-listed stocks and ETFs for as little as $1. We checked both on Oct 24, 2026.
Automatic investing
Robinhood lists Recurring Investment: add to your investments on a consistent basis, even when you forget to. Schwab says its robo-advisor builds, monitors and automatically rebalances a diversified portfolio. We checked both on Oct 24, 2026.
Managed portfolios (robo)
Robinhood Strategies is Robinhood's managed portfolio service, with a $50 minimum investment. Schwab Intelligent Portfolios is Schwab's robo-advisor. You can open an account with a minimum of $5,000. We checked both on Oct 24, 2026.
Protection
Robinhood Financial LLC and Robinhood Securities, LLC are registered broker dealers and members of SIPC. Charles Schwab & Co., Inc. is a member of SIPC. Schwab says its clients also get excess SIPC coverage for securities and cash, with a $600 million aggregate limit for the excess portion. We checked both on Oct 24, 2026.
Platforms
Charles Schwab lists iOS and Android. We haven't verified this for Robinhood yet, so check the official site for Robinhood before you decide. We checked Charles Schwab on Oct 24, 2026.
App store rating
Robinhood has 4.3 out of 5 on the App Store from 4,890,523 ratings. Charles Schwab has 4.8 out of 5 on the App Store from 1,211,162 ratings. We checked both on Oct 24, 2026. Store ratings are a dated snapshot from each listing, not our score.
What it costs
RobinhoodRobinhood Strategies has a 0.25% annual management fee. Eligible Robinhood Gold members ($5 monthly subscription) pay it on only the first $100,000 of assets in their account.
As of · robinhood.com/us/en/strategies
Charles SchwabSchwab Intelligent Portfolios, Schwab's robo-advisor, lists no advisory fee and no commissions. You still pay the operating expenses of the ETFs in the portfolio.
As of · schwab.com/pricing
Bars show only when every app here lists a yearly price, so these prices sit side by side without them. Prices are list prices from each app's own page, before tax and any offer. Investing fees appear as each company states them. A yearly advisory fee is a percent of your balance, not a monthly price, so it never gets a bar or a price tag.
At a glance
App Store rating
- Robinhood
- 4.34,890,523 ratings
- Charles Schwab
- 4.81,211,162 ratings
Source
- Robinhood has 4.3 out of 5 on the App Store from 4,890,523 ratings. App Store listing, as of Oct 24, 2026.
- Charles Schwab has 4.8 out of 5 on the App Store from 1,211,162 ratings. App Store listing, as of Oct 24, 2026.
Platforms
- Robinhood
- Not verified yet
- Charles Schwab
- iOS
- Android
Source
- Robinhood: Not verified yet.
- Charles Schwab lists iOS and Android. schwab.com/mobile, as of Oct 24, 2026.
Account minimum
- Robinhood
- Robinhood Strategies has a minimum investment requirement of $50.
- Charles Schwab
- Schwab lists a $0 account minimum for brokerage accounts and IRAs. Schwab Intelligent Portfolios has a $5,000 minimum.
Source
- Robinhood Strategies has a minimum investment requirement of $50. robinhood.com/us/en/strategies, as of Oct 24, 2026.
- Schwab lists a $0 account minimum for brokerage accounts and IRAs. Schwab Intelligent Portfolios has a $5,000 minimum. schwab.com/pricing, as of Oct 24, 2026.
Stock and ETF commissions
- Robinhood
- Robinhood says investing with a Robinhood investing account is commission free for stocks, ETFs and their options, and it doesn't charge fees to open or maintain your account.
- Charles Schwab
- Schwab lists a $0 online commission for listed stocks and ETFs. Options are $0 plus $0.65 per contract.
Source
- Robinhood says investing with a Robinhood investing account is commission free for stocks, ETFs and their options, and it doesn't charge fees to open or maintain your account. robinhood.com/us/en/support/articles/trading-fees-on-robinhood, as of Oct 24, 2026.
- Schwab lists a $0 online commission for listed stocks and ETFs. Options are $0 plus $0.65 per contract. schwab.com/pricing, as of Oct 24, 2026.
Protection
- Robinhood
- Robinhood Financial LLC and Robinhood Securities, LLC are registered broker dealers and members of SIPC.
- Charles Schwab
- Charles Schwab & Co., Inc. is a member of SIPC. Schwab says its clients also get excess SIPC coverage for securities and cash, with a $600 million aggregate limit for the excess portion.
Source
- Robinhood Financial LLC and Robinhood Securities, LLC are registered broker dealers and members of SIPC. robinhood.com/us/en/support/articles/trading-fees-on-robinhood, as of Oct 24, 2026.
- Charles Schwab & Co., Inc. is a member of SIPC. Schwab says its clients also get excess SIPC coverage for securities and cash, with a $600 million aggregate limit for the excess portion. schwab.com/legal/account-protection, as of Oct 24, 2026.
Features
We haven't verified a feature list for either app yet, so this grid is empty for now.
✓ means the official site lists it. ? means we haven't verified it yet, not that the app lacks it.
Screen by screen
Pick a task to see what each app shows for it. App Store and Google Play images are the apps' own marketing, so they can show sample data and staged layouts. Help center images come from the app's support articles. See every app's screens.
Other screens
Robinhood
App Store marketing imageApp Store image 1 of 4 from the Robinhood listing.App Store listing, as of 
App Store marketing imageApp Store image 2 of 4 from the Robinhood listing.App Store listing, as of 
App Store marketing imageApp Store image 3 of 4 from the Robinhood listing.App Store listing, as of 
App Store marketing imageApp Store image 4 of 4 from the Robinhood listing.App Store listing, as of
Charles Schwab
App Store marketing imageApp Store image 1 of 4 from the Charles Schwab listing.App Store listing, as of 
App Store marketing imageApp Store image 2 of 4 from the Charles Schwab listing.App Store listing, as of 
App Store marketing imageApp Store image 3 of 4 from the Charles Schwab listing.App Store listing, as of 
App Store marketing imageApp Store image 4 of 4 from the Charles Schwab listing.App Store listing, as of
Robinhood and Charles Schwab, side by side
Rows marked “Differs” are where the official sources say different things, and 9 rows do here.
Swipe the table sideways to see both apps.
| Field | RobinhoodInvesting appRobinhood is a commission-free trading app with retirement and custodial accounts and a managed portfolio service called Robinhood Strategies.Visit Robinhood's site | Charles SchwabInvesting appCharles Schwab is a brokerage with the Schwab Mobile app, retirement and custodial accounts, and a robo-advisor called Schwab Intelligent Portfolios.Visit Charles Schwab's site |
|---|---|---|
| Management or subscription feeDiffers | Robinhood Strategies has a 0.25% annual management fee. Eligible Robinhood Gold members ($5 monthly subscription) pay it on only the first $100,000 of assets in their account.As of Oct 24, 2026. Source: robinhood.com/us/en/strategies | Schwab Intelligent Portfolios, Schwab's robo-advisor, lists no advisory fee and no commissions. You still pay the operating expenses of the ETFs in the portfolio.As of Oct 24, 2026. Source: schwab.com/pricing |
| Account minimumDiffers | Robinhood Strategies has a minimum investment requirement of $50.As of Oct 24, 2026. Source: robinhood.com/us/en/strategies | Schwab lists a $0 account minimum for brokerage accounts and IRAs. Schwab Intelligent Portfolios has a $5,000 minimum.As of Oct 24, 2026. Source: schwab.com/pricing |
| Stock and ETF commissionsDiffers | Robinhood says investing with a Robinhood investing account is commission free for stocks, ETFs and their options, and it doesn't charge fees to open or maintain your account.As of Oct 24, 2026. Source: robinhood.com/us/en/support/articles/trading-fees-on-robinhood | Schwab lists a $0 online commission for listed stocks and ETFs. Options are $0 plus $0.65 per contract.As of Oct 24, 2026. Source: schwab.com/pricing |
| Account typesDiffers | Robinhood lists these account types: Individual, Traditional IRA, Roth IRA, Smart Income account, Revocable trust and Custodial.As of Oct 24, 2026. Source: robinhood.com/us/en/strategies | Charles Schwab lists these account types: Brokerage (Individual and Joint), IRA (Traditional, Roth, or Rollover), Schwab One Custodial (UGMA/UTMA), 529 College Savings, Education Savings, Inherited IRA/Inherited 401(k), SEP-IRA, SIMPLE-IRA, Individual 401(k) Plan and Schwab One Trust.As of Oct 24, 2026. Source: schwab.com/pricing |
| Fractional sharesDiffers | Robinhood says you can invest in certain stocks and ETFs with as little as $1 through fractional shares.As of Oct 24, 2026. Source: robinhood.com/us/en/support/articles/fractional-shares | Schwab says you can own fractional shares of most U.S.-listed stocks and ETFs for as little as $1.As of Oct 24, 2026. Source: schwab.com/fractional-shares-stock-slices |
| Automatic investingDiffers | Robinhood lists Recurring Investment: add to your investments on a consistent basis, even when you forget to.As of Oct 24, 2026. Source: robinhood.com/us/en/invest | Schwab says its robo-advisor builds, monitors and automatically rebalances a diversified portfolio.As of Oct 24, 2026. Source: schwab.com/intelligent-portfolios |
| Managed portfolios (robo)Differs | Robinhood Strategies is Robinhood's managed portfolio service, with a $50 minimum investment.As of Oct 24, 2026. Source: robinhood.com/us/en/strategies | Schwab Intelligent Portfolios is Schwab's robo-advisor. You can open an account with a minimum of $5,000.As of Oct 24, 2026. Source: schwab.com/intelligent-portfolios |
| ProtectionDiffers | Robinhood Financial LLC and Robinhood Securities, LLC are registered broker dealers and members of SIPC.As of Oct 24, 2026. Source: robinhood.com/us/en/support/articles/trading-fees-on-robinhood | Charles Schwab & Co., Inc. is a member of SIPC. Schwab says its clients also get excess SIPC coverage for securities and cash, with a $600 million aggregate limit for the excess portion.As of Oct 24, 2026. Source: schwab.com/legal/account-protection |
| Platforms | Not verified yet. | Charles Schwab lists iOS and Android.As of Oct 24, 2026. Source: schwab.com/mobile |
| App store ratingDiffers | Robinhood has 4.3 out of 5 on the App Store from 4,890,523 ratings.As of Oct 24, 2026. Source: App Store listing | Charles Schwab has 4.8 out of 5 on the App Store from 1,211,162 ratings.As of Oct 24, 2026. Source: App Store listing |
App store ratings are a dated snapshot from each store listing, not our score. “Not verified yet” means we don't have a current official source for that line. How we source and date this data. Spotted a change? Tell us if something changed.
Weighing a third option? Add up to two more apps to this table and compare up to four side by side.
Which fits your Money Type?
There are four Money Types: Strategist, Spender, Saver and Scrambler. Each card matches one type to what the sources say about these two apps.
StrategistNeither app's sources confirm a feature we match to this type yet, so the quiz is the better place to start.
First fix: Save the Raise.
SpenderNeither app's sources confirm a feature we match to this type yet, so the quiz is the better place to start.
First fix: Sleep on It.
SaverNeither app's sources confirm a feature we match to this type yet, so the quiz is the better place to start.
First fix: Put It to Work.
ScramblerNeither app's sources confirm a feature we match to this type yet, so the quiz is the better place to start.
First fix: Bills First.
Not sure which one you are? Take the free Money Types quiz. It takes about two minutes.
Full disclosure: Taylor Price, who runs Priceless Tay, owns Fifecta, so keep that in mind as you read this comparison.
Another option: Fifecta
If neither Robinhood nor Charles Schwab feels right, here is one more option to look at. Fifecta gives every paycheck a plan with FUNDS, and it starts from your Money Type, so the plan matches how you already handle money.
FAQ
How much does Robinhood charge?
Robinhood Strategies has a 0.25% annual management fee. Eligible Robinhood Gold members ($5 monthly subscription) pay it on only the first $100,000 of assets in their account. We checked this on Oct 24, 2026.
How much does Charles Schwab charge?
Schwab Intelligent Portfolios, Schwab's robo-advisor, lists no advisory fee and no commissions. You still pay the operating expenses of the ETFs in the portfolio. We checked this on Oct 24, 2026.
What is Robinhood's app store rating?
Robinhood has 4.3 out of 5 on the App Store from 4,890,523 ratings. That's a snapshot from the store listing on Oct 24, 2026, not our score.
What is Charles Schwab's app store rating?
Charles Schwab has 4.8 out of 5 on the App Store from 1,211,162 ratings. That's a snapshot from the store listing on Oct 24, 2026, not our score.
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Keep comparing
- See Robinhood alternatives, closest category first.
- See Charles Schwab alternatives, closest category first.
- Browse our guide to the low-cost brokerage accounts.
- Want the bigger picture? Compare more money apps.
Full disclosure: Taylor Price, who runs Priceless Tay, owns Fifecta, so keep that in mind as you read this comparison.
Want a plan built on your Money Type?
Fifecta gives every paycheck a plan with FUNDS, so you know where each dollar goes.
Sources and confidence
- Last checked
- Not verified yet
- 1 of 20 facts
Robinhood9 of 10 verified, 1 not verified yet, last checked Oct 24, 2026
- Management or subscription feerobinhood.com/us/en/strategies, as of Oct 24, 2026
- Account minimumrobinhood.com/us/en/strategies, as of Oct 24, 2026
- Stock and ETF commissionsrobinhood.com/us/en/support/articles/trading-fees-on-robinhood, as of Oct 24, 2026
- Account typesrobinhood.com/us/en/strategies, as of Oct 24, 2026
- Fractional sharesrobinhood.com/us/en/support/articles/fractional-shares, as of Oct 24, 2026
- Automatic investingrobinhood.com/us/en/invest, as of Oct 24, 2026
- Managed portfolios (robo)robinhood.com/us/en/strategies, as of Oct 24, 2026
- Protectionrobinhood.com/us/en/support/articles/trading-fees-on-robinhood, as of Oct 24, 2026
- PlatformsNot verified yet
- App store ratingApp Store listing, as of Oct 24, 2026
Charles Schwab10 of 10 verified, last checked Oct 24, 2026
- Management or subscription feeschwab.com/pricing, as of Oct 24, 2026
- Account minimumschwab.com/pricing, as of Oct 24, 2026
- Stock and ETF commissionsschwab.com/pricing, as of Oct 24, 2026
- Account typesschwab.com/pricing, as of Oct 24, 2026
- Fractional sharesschwab.com/fractional-shares-stock-slices, as of Oct 24, 2026
- Automatic investingschwab.com/intelligent-portfolios, as of Oct 24, 2026
- Managed portfolios (robo)schwab.com/intelligent-portfolios, as of Oct 24, 2026
- Protectionschwab.com/legal/account-protection, as of Oct 24, 2026
- Platformsschwab.com/mobile, as of Oct 24, 2026
- App store ratingApp Store listing, as of Oct 24, 2026
- Reference: sipc.org/for-investors/what-sipc-protects, checked Oct 24, 2026.
Each fact links to the official page it came from, with the date we checked it. Once a fact is older than its app's window (8 days for apps whose rates change often, 35 days for the rest), it reads “Not verified yet” until we check it again. How we source, date and index this data.
This is education, not financial advice.
