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Robinhood vs OKX US: fees, withdrawals, safety and which to use

Robinhood lists a $0 fee for buying $1,000 by bank transfer. OKX US shows its fee only in the order review.

Robinhood vs OKX US fees

For $1,000, dollar fee figures for Robinhood and OKX US come from each exchange's own pages.

$1,000 and the basics	Robinhood	OKX US
Buy by bank transfer (ACH)	$0	–
Buy by wire	$0	–
Sell and send to your bank (ACH)	$9.50	–
Cash out to your bank (ACH)	$0	–
Cash out by wire	$25	–
Cash out instantly to a debit card	$17.50	–
States it does not serve	Serves every state	U.S. Virgin Islands, New York, Guam, American Samoa, Northern Mariana Islands
Serves New York	Yes	No
Bank withdrawal	Free	–
NYDFS licence	Yes	No
FinCEN registration	–	Registered
App Store rating (ratings)	4.3 (4,899,968)	4.6 (22,983)
Coins listed	92	–

A dash means the exchange has no published number for that row. "Not offered" means the exchange doesn't support that method.

Robinhood serves U.S. Virgin Islands, New York, Guam, American Samoa and Northern Mariana Islands, all of which OKX US does not serve.

You can make bank withdrawals from Robinhood without a fee.

The pages we read don't list an OKX US bank withdrawal fee or time.

Robinhood holds a licence or charter from NYDFS in New York.

There's no NYDFS licence for New York held by OKX US.

On the App Store, the Robinhood app has a 4.3 out of 5 score based on 4,899,968 ratings.

On the App Store, the OKX US app has a 4.6 out of 5 score based on 22,983 ratings.

Choose Robinhood if you'll use its order book and Exchange routing fee tiers, or if you live in a state that others don't serve.
Choose OKX US when you want its app and the simple buy screen.

We earn a commission if you open an account through our links. It does not change the fees you pay or our score.