Plus500 vs Robinhood
| Plus500 | Robinhood |
|---|---|
 |
 |
| An investor with a Plus500 account can trade CFDs on underlying financial instruments such as Forex, Stocks, Commodities, Cryptocurrency (Availability subject to regulation), Options and Indices. With tight spreads and no commission, they are a leading global brand. |
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.
|
| 72% of retail CFD accounts lose money. | |
 Traders from US not accepted |
Traders from US accepted |
| Awards | |
| Best Overall Broker 2021 - DayTrading.com
Best Overall Broker 2020 - DayTrading.com Best Overall Broker 2019 - DayTrading.com Best Trading App 2019 - DayTrading.com |
|
| Bonus | |
| None | None |
| Instruments | |
| Stocks, Options, CFD, Forex, Crypto, ETFs, REITs | Stocks, Options, CFD, Binary Options, ETFs |
| Demo Account | |
| Yes | No |
| Minimum Deposit | |
| $100 | $0 |
| Payment Methods | |
| BPAY, Credit Card, Debit Card, Diners Club, Giropay, iDeal, JCB Card, M-Pesa, Mastercard, Neteller, PayPal, Skrill, Swift, Trustly, Visa, Webmoney, Western Union, Wire Transfer | ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay |
| Minimum Trade | |
| Varies by asset | $10 |
| Regulator | |
| FCA, MAS, CySec, ASIC, ESMA | SEC |
| Margin Trading | |
| Yes | No |
| Margin Rate | |
| 2.5% | |
| MetaTrader 4 | |
| No | No |
| MetaTrader 5 | |
| No | No |
| cTrader | |
| No | No |
| STP Account | |
| Yes | 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 | |
| Yes | - |
| Robo Advisor | |
| No | - |
| Negative Balance Protection | |
| Yes | - |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| iOS, Android and Windows | iOS, Android and Windows |
| Auto Trading | |
| - | - |
| Trade Signals | |
| - | - |
| VPS Hosting | |
| Yes | - |
| Tournaments | |
| No | - |
| Demo Competitions | |
| No | - |
| Ethical Investing | |
| Yes | - |
| Social Trading | |
| No | No |
| Copy Trading | |
| No | No |
| Islamic Account | |
| No | No |
| Account Currencies | |
| USD, EUR, GBP, AUD, ZAR | - |
| CFD | |
| Leverage | |
| 1:30 | 1:2 |
| FTSE Spread | |
| Variable | N/A |
| GBPUSD Spread | |
| Variable | N/A |
| Oil Spread | |
| Variable | |
| Stocks Spread | |
| Variable | 0.3% Var |
| Forex | |
| Plus500 Offer forex trading via CFDs with tight variable spreads and a range of well over 70 currency pairs. Free Unlimited Demo Account. | Forex trading not offered |
| GBPUSD Spread | |
| Variable | |
| EURUSD Spread | |
| Variable | |
| EURGBP Spread | |
| Variable | |
| Assets | |
| 70+ | |
| Cryptocurrency | |
| CFDs in cryptocurrency and crypto indices trading offered - Availability subject of regulation | Crypto trading not offered |
| Spread | |
| Variable | |
| Coins | |
| BCH, BTC, ETH, LTC, XRP, IOTA, NEO, EOS, XMR | |
| 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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|
| 72% of retail CFD accounts lose money. | |