Should You Invest With Robinhood? Our 2026 Review

While still offering access to the most important coins on the market, such as Bitcoin, Ethereum, and Solana, it provides other coins that may be difficult to find on other exchanges. Bitmart, which offers over 1,700 cryptocurrencies, is our top choice as the best crypto exchange for altcoins. Bitcoin traders will also have access to Bitcoin options and futures, which is an important feature for traders and investors alike.

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20% to 35% service fee for cryptocurrencies and staking rewards Kraken provides investors with access to margin and spot trading. Abra’s OTC services give https://www.investorideas.com/news/2025/main/05201IQCent.asp institutional clients access to interest-earning accounts, loans, and one-on-one account support.

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• Gemini was founded in 2014 and is currently headquartered in New York, N.Y. Due to its high security standards, Gemini is our choice for users who value security for their cryptocurrency holdings.
• We then developed a proprietary model that scored each company to rate its performance across four major categories and 29 weighted criteria to find the best cryptocurrency exchange companies.
• It has a comprehensive cybersecurity and security management approach with proof of reserves, legal compliance, cold wallet storage, SSL encryption, and regular security testing.
• In common parlance, however, “brokers and platforms” have almost the same meaning and in our ranking we will often use the terms interchangeably.

It has also purchased additional https://financefeeds.com/innovative-trading-experience-new-mysterybox-and-rollover-launch-by-iqcent-broker/ SIPC coverage which protects up to $50 million per account, including up to $1.9 million in cash . Robinhood carries Securities Investor Protection Corporation (SIPC) insurance, which protects up to $500,000 per account, with a cash sublimit of $250,000. Customers can withdraw crypto from Robinhood to a wallet of their choice.

Should You Invest With Robinhood? Our 2026 Review

• The company has chosen to focus on forex, CFD and crypto trading, a reductive choice compared to other online trading platforms.
• Investopedia’s in-house staff of researchers and editors evaluated 14 crypto exchanges based on 27 weighted criteria critical to cryptocurrency traders’ success.
• Coinbase has a low account minimum to get started and offers digital wallet storage for cryptocurrencies and other digital assets.
• The broker is responsive in English and is able to respond correctly and quickly to user requests, even if it is not available 24/7.

Morgan Self-Directed, for instance, doesn’t have a robo, but it offers a hybrid service as well as full-service-type plans through J.P. Even so, as apps improve, we expect that investors will want to perform more and more investing tasks on their phones over time. Most brokerage customers log in to their accounts in the mobile app more often than they do on a computer, according to some of the firms we surveyed this year. You’re out of luck at most of the firms we surveyed; only Schwab, Fidelity and Interactive offer access to foreign markets. (Schwab says it expects to offer direct access to crypto in 2026.) In addition to a robust roster of the usual securities available, both firms also offer better yields than peers on cash that’s sitting idle in brokerage accounts (the so-called sweep account).

Best Crypto Exchanges And Apps For January 2026

Smaller, less established coins pose even more risks, with liquidity and market manipulation being a serious concern for crypto holders. It’s important to note that cryptocurrency poses significant risks even with established digital coins. BitMart, founded in 2017 and headquartered in New York, N.Y., is our top choice for altcoins due to its accessibility to over 1,700 tradable cryptocurrencies. VIP users who hold a tiered amount of Cronos (CRO) can enjoy additional benefits, such as discounts on maker/taker fees and debit card rewards. Depending on the eligible cryptocurrency, users can earn rewards through Crypto.com’s Earn program and its Staking program. Crypto.com is our choice for the best mobile app provider due to its major focus on its mobile platform and all that that entails.

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Either way, you get access to its top trading platforms – including the IMPACT mobile app that helps you sift is iqcent legit through ESG investments – and you’ll also get discounts if you’re trading significant volume. With its acquisition of TD Ameritrade, Schwab acquired the highly regarded thinkorswim trading platform, which is now the broker’s key platform and a big plus for active traders. The broker’s entry-level trading platform can get you a company’s financials, analyze trends and keep watchlists — all valuable tools for beginning investors. The top trading platforms can even get you a better trade execution, helping you secure the most attractive price possible.

• Robinhood’s trading platform gets relatively high marks for its charting features, which allow customers to view technical indicators like moving averages.
• If we then move to the sponsorship side, it is easy to think that trading brokers who have become official sponsors of major football teams would hardly have obtained such partnerships if they had been scams.
• For starters, for as little as $1, you can buy slices of more than 7,000 stocks and exchange-traded funds.
• Is "insecure" the opposite of "secure"?

So in this category, which makes up 20% of the final score, we explored the breadth of functionality of each firm’s mobile app. Ally Invest fared a bit better than Wells because it does provide educational articles, but it lacks the podcasts, videos and other events that the bigger players offer their customers. Ally Invest, for instance, doesn’t offer a mutual fund screener, a spending-tracker tool or a "How am I doing?" retirement-savings calculator. The laggards in the tools category were Ally Invest, Firstrade and WellsTrade. Calculators, portfolio analyzers, screens for stocks, ETFs and mutual funds, and the like can help investors put their money to work.

Morgan has a lower minimum going for it – typically $100,000 for a dedicated adviser – plus access to experts on estate planning and bond and options trading, and a customized portfolio. Morgan each had competitive offerings at the full-service level. By contrast, in its favor, Schwab’s robo, Intelligent Portfolios, charges no annual advisory fee, and investors can choose among 81 diversified portfolios filled with cheap ETFs. Fidelity’s hybrid service is part of its Fidelity Go offering and kicks in when balances top $25,000. What’s more, accounts with less than $25,000 pay no advisory fee.

FirstTrade, on the other hand, though it ranks seventh in the pack on fees, boasts the lowest charge for broker-assisted stock and ETF trades ($19.95) and options contracts ($0). But Wells and Merrill also slipped, in part, because each of their platforms offers a below-average number of mutual funds and corporate and municipal bonds, relative to other survey respondents. Find the best online brokers using our survey that compares investment offerings, tools, apps, advice and more. Tastytrade is designed for traders, and it shows in a variety of ways, including the trading platform that arrives in web, desktop and mobile versions.

• The word "secure" is frequently used in spoken and written English.
• While BitMart has advanced charting capabilities, it’s only for futures trading.
• Some of the firms’ apps are strong in other ways.