Robinhood vs Bybit
| Robinhood | Bybit |
|---|---|
0.9
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.
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3.1
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Robinhood is a stock broker and financial services firm based in California. The broker offers commission-free stocks, cryptos and ETFs, plus other products such as cash cards and retirement accounts. Despite its robust regulation, Robinhood has been involved in numerous scandals and security breaches since 2020. We urge investors to exercise caution. |
Bybit is an established crypto exchange aimed at online traders. Clients can speculate on leading tokens like Bitcoin, access crypto staking and loans, or trade NFTs using the firm's digital marketplace. Millions of users have signed up with the firm since it launched in 2018. |
| Customer Reviews | |
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1
Based on 1 Robinhood customer reviews
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| Bonus Offer | |
| Up To 4030 USDT Welcome Bonus | |
| Comment by Reviewer | |
| "Robinhood is aimed at traders looking for stocks and crypto investing opportunities with additional perks. However, the brokerage's recent business practices mean the brand isn't a good option if you want a reliable and trustworthy broker." | "Bybit is a good choice for active traders who want a fast and straightforward way to buy crypto tokens and trade crypto derivatives." |
| Pros | |
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| Cons | |
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| Instruments | |
| Stocks, ETFs, ADRs | Cryptos, Futures |
| Demo Account | |
| No | Yes |
| Minimum Deposit | |
| $0 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $1 | 0.001 Lots |
| Regulator | |
| SEC, FCA | |
| Margin Trading | |
| No | Yes |
| Margin Rate | |
| 2.5% | |
| STP Account | |
| No | Yes |
| 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 | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | Yes |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS & Android | Yes (iOS & Android) |
| Auto Trading | |
| No | Via 3rd party software |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| Use the Top Traders leaderboard to follow experienced crypto investors. Mirror positions on Bitcoin, Ethereum and more for a small charge. | |
| Social Trading | |
| No | No |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | $0 |
| Islamic Account | |
| No | No |
| Account Currencies | |
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| Cryptocurrency | |
| Access 18 crypto assets through the Robinhood app with no commission fees, including access to Bitcoin. On the negative side, the selection is not as wide as other brands and security is weak. | Buy dozens of crypto tokens with one click, or choose between hundreds of tokens to trade on spot markets, with more options than many alternatives. Crypto derivative products include perpetual futures and options. |
| Spread | |
| 0% | Market maker, derivatives fee: 0.01%, spot fee: 0.1% Market taker: derivatives fee: 0.06%, spot fee: 0.1% |
| Coins | |
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| Crypto Lending | |
| No | Yes |
| Crypto Mining | |
| No | Yes |
| Crypto Staking | |
| No | Yes |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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Robinhood vs |
Bybit vs |