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Software · head to head

Robinhood vs WorldRemit

Robinhood logo

Robinhood

Software

Investing for everyone

From
Free
Rated
-
Full reviewWebsite
WorldRemit logo

WorldRemit

Software

Send money online to 150 countries

From
On request
Rated
-
Full reviewWebsite

The short version

  • Only Robinhood has a free tier, so it costs nothing to try first.
  • Each has a real cost: Robinhood robinhood Gold costs 5 USD a month after a 30 day free trial; WorldRemit no transfer fee, exchange rate margin or sending limit is published on the site; rates and limits are shown only after choosing a destination country and receive method
  • They diverge on capability: Robinhood covers Commission-free trading, WorldRemit covers International transfers.

Where they differ

Only the attributes on which Robinhood and WorldRemit actually diverge.

Attributes where Robinhood and WorldRemit differ
AttributeRobinhoodWorldRemit
Starting priceFreeOn request
Pricing modelfreemiumtransaction
Free tierYesNo
Founded20132010

Identical on both: platforms (Web, IOS, Android), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Robinhood

  • Commission-free trading
  • Options trading
  • Crypto trading
  • Fractional shares
  • Crypto wallets

Only in WorldRemit

  • International transfers
  • Multiple delivery methods
  • Send to 150+ countries
  • Cash pickup option
  • Cards

Both cover

  • Bank accounts
  • Web support
  • IOS support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

Robinhood

  • Commission free trading of US stocks and ETFs from a phonenot WorldRemit
  • Options and futures trading for retail investorsnot WorldRemit
  • Holding an IRA with a contribution matchnot WorldRemit

WorldRemit

  • Sending remittances from developed markets to 130 or more receiving countriesnot Robinhood
  • Paying out to mobile money, cash pickup and bank accounts abroadnot Robinhood

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Robinhood

  • Robinhood Gold costs 5 USD a month after a 30 day free trial
  • The 3.35 percent APY on brokerage cash is available only to Gold subscribers
  • The 3 percent IRA contribution match requires keeping the Gold subscription for one year and leaving the assets in the IRA for five years, and is capped at 225 USD against 2026 contribution maximums
  • Reduced contract fees of 0.50 USD per futures contract and 0.35 USD per index option apply only to Gold subscribers
  • Management fees are waived only above 100K USD in expert managed portfolios

WorldRemit

  • No transfer fee, exchange rate margin or sending limit is published on the site; rates and limits are shown only after choosing a destination country and receive method
  • The amount that can be sent depends on the destination country and receive method rather than a single published cap

Pricing, plan by plan

Robinhood

Free
  • FreeFree
    • Commission-free trading
    • Real-time data
    • Mobile app
  • Gold$4.99/month
    • All Free features
    • Extended hours trading
    • Premium research

WorldRemit

On request
  • Standard Transfer$undefined/month
    • Multiple payment methods
    • Competitive rates
  • Express Transfer$undefined/month
    • Faster delivery
    • Higher costs

Which should you pick?

Choose Robinhood if

  • You need commission-free trading.
  • You want to start without paying.
  • You work on Web, IOS, Android.
  • You also want options trading.
Robinhood review

Choose WorldRemit if

  • You need international transfers.
  • You work on Web, IOS, Android.
  • You also want multiple delivery methods.
WorldRemit review

Questions people ask

Is Robinhood or WorldRemit better?
Neither clearly leads. Robinhood starts at Free and WorldRemit at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Robinhood or WorldRemit?
Robinhood has a free tier; the other does not. Paid plans start at Free for Robinhood and On request for WorldRemit.
Does Robinhood or WorldRemit run on more platforms?
Both run on Web, IOS, Android, so platform support will not decide this one for you.
Can I use Robinhood for free?
Yes. Robinhood has a free tier, so you can try it without paying. WorldRemit starts at On request.
What is Robinhood best used for?
Robinhood is most often used for commission free trading of us stocks and etfs from a phone, options and futures trading for retail investors, holding an ira with a contribution match. Of those, commission free trading of us stocks and etfs from a phone and options and futures trading for retail investors are not what WorldRemit is typically brought in for.
What can Robinhood do that WorldRemit cannot?
Robinhood covers Commission-free trading, Options trading, Crypto trading, Fractional shares. WorldRemit covers International transfers, Multiple delivery methods, Send to 150+ countries, Cash pickup option. Both handle Bank accounts, Web support, IOS support, Android support.
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