LegacyFX vs Robinhood

LegacyFX vs Robinhood Comparison Table 2021
LegacyFX Robinhood
LegacyFX is a multi-asset broker offering an MT5 download & free signals. 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
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Stocks, Options, CFD, Binary Options, ETFs
Demo Account
Yes No
Minimum Deposit
$500 $0
Payment Methods
Neteller, Skrill, Visa ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay
Minimum Trade
0.01 lots $10
Regulator
CySEC, FCA, VFSC, NBRB SEC
Margin Trading
No No
Margin Rate
2.5%
MetaTrader 4
No No
MetaTrader 5
Yes No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No 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 No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes iOS, Android and Windows
Auto Trading
Yes -
Trade Signals
Yes -
VPS Hosting
- -
Tournaments
- -
Demo Competitions
- -
Ethical Investing
- -
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
- -
CFD
Trade CFDs in a range of financial markets.
Leverage
1:200 1:2
FTSE Spread
2 N/A
GBPUSD Spread
1.5 N/A
Oil Spread
0.13
Stocks Spread
Variable 0.3% Var
Forex
Trade FX pairs with tight spreads & leverage. Forex trading not offered
GBPUSD Spread
1.5
EURUSD Spread
1.6
EURGBP Spread
1.5
Assets
40+
Cryptocurrency
Trade popular cryptos against the USD. Crypto trading not offered
Spread
Variable
Coins
BTC, LTC, ETH, XRP
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered
Payout