LocalCryptos vs Robinhood

LocalCryptos vs Robinhood Comparison Table 2022
LocalCryptos Robinhood
LocalCryptos is a P2P crypto exchange with five major tokens, an intuitive online marketplace and a range of safety features. 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 accepted
United States Flag Traders from US accepted
Bonus
None None
Instruments
Crypto Stocks, Options, CFD, Binary Options, ETFs
Demo Account
No No
Minimum Deposit
$1 $0
Payment Methods
ADVcash, Alipay, MoneyGram, PayPal, QIWI, Skrill, Venmo, Webmoney, WeChat Pay, Western Union, Wire Transfer ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay
Minimum Trade
$1 $10
Regulator
Unregulated 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
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No 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
No No
Mobile Apps
No iOS, Android and Windows
Auto Trading
- -
Trade Signals
- -
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
- -
CFD
CFD trading not offered
Leverage
1:2
FTSE Spread
N/A
GBPUSD Spread
N/A
Oil Spread
Stocks Spread
0.3% Var
Cryptocurrency
LocalCryptos supports peer-to-peer trading of digital currencies through its online exchange platform. Crypto trading not offered
Spread
N/A
Coins
BTC, ETH, LTC, DASH, BCH
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered
Payout
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