CommSec vs Robinhood

CommSec vs Robinhood Comparison Table 2021
CommSec Robinhood
CommSec is a top Australian retail broker offering a suite of trading tools & products. Robinshood have pioneered mobile trading in the US. Their offer attempts to provide the cheapest share trading anywhere.
We do not recommend trading with Robinhood. Their business practices have harmed traders and their "free" trading offer has been criticized for actually costing their traders millions of dollars.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Awards
Innovation Excellence 2020 - Canstar
Bonus
None None
Instruments
Shares, Options, ETFs, Warrants, Fixed Income Securities Stocks, Options, CFD, Binary Options, ETFs
Demo Account
No No
Minimum Deposit
$500 $0
Payment Methods
Credit Card, PayID, Wire Transfer ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay
Minimum Trade
0.01 lots $10
Regulator
ASIC SEC
Margin Trading
No No
Margin Rate
2.5%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
Yes No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
- -
Robo Advisor
- -
Negative Balance Protection
- -
Market Maker
- No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes iOS, Android and Windows
Auto Trading
- -
Trade Signals
- -
VPS Hosting
- -
Tournaments
- -
Demo Competitions
- -
Ethical Investing
- -
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
USD, EUR, GBP, AUD -
CFD
CFD trading not offered
Leverage
1:2
FTSE Spread
N/A
GBPUSD Spread
N/A
Oil Spread
Stocks Spread
0.3% Var
Binary Options
Binary options trading not offered
Payout