IC Markets vs Robinhood

IC Markets vs Robinhood Comparison Table 2021
IC Markets Robinhood
Trade Forex on 0.0 pip spreads with the world's leading True ECN forex broker - IC Markets. 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
Best Overall Broker 2020 - DayTrading.com
Best Trading App 2020 - DayTrading.com
Bonus
None None
Instruments
Futures, CFD, Forex, Crypto, Volatility Index Stocks, Options, CFD, Binary Options, ETFs
Demo Account
Yes No
Minimum Deposit
$200 $0
Payment Methods
BPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex Money ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay
Minimum Trade
0.01 Lots $10
Regulator
ASIC, CySec, FSA SEC
Margin Trading
No No
Margin Rate
2.5%
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
Yes No
STP Account
No No
ECN Account
Yes No
DMA Account
Yes No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
Yes No
Demat Account
No No
AI / Machine Learning
No -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android and Windows iOS, Android and Windows
Auto Trading
Yes, via EQUINIX NY 4 -
Trade Signals
Yes (Via Robot Feature) -
VPS Hosting
Yes -
Tournaments
No -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
No No
Copy Trading
Yes No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, CHF -
CFD
Leverage
1:500 1:2
FTSE Spread
1 pt N/A
GBPUSD Spread
0.5 pips N/A
Oil Spread
1 pt
Stocks Spread
0.3% Var
Forex
Trade Forex on 0.0 pip spreads with the world's leading True ECN forex broker - IC Markets. Great choice for serious traders. ASIC regulated. Forex trading not offered
GBPUSD Spread
0.5 pips
EURUSD Spread
0.1 pips
EURGBP Spread
0.5 pips
Assets
56+
Cryptocurrency
IC Markets offer a diverse range of cryptos, with super small spreads. They also offer many cryptocurrencies not available elsewhere, without the need of a virtual wallet. Crypto trading not offered
Spread
BTC 0.4%, ETH 1%
Coins
BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered
Payout