Robinhood vs CFD Global FX

Robinhood vs CFD Global FX Comparison Table 2023
Robinhood	CFD Global FX
Review 0.9 Robinhood is #38 in our broker rankings. 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.	CFD Global FX has closed.
Traders from US accepted	Traders from US not accepted See available CFD brokers
Robinhood is an American 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 US regulation, Robinhood has been involved in numerous scandals and security breaches since 2020. We urge investors to exercise caution.	CFD Global FX is an offshore broker offering trading on multiple financial markets.
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."
Pros
Crypto trading available with no commission fees and a low minimum deposit of $1 Intuitive mobile trading app with 24/7 live support and in-app stock market news Robinhood's 'Snacks' newsletter offers bite-sized financial news updates suitable for beginners Interesting podcast hosted by the CEO and co-founder, covering topics such as blockchain and financial empowerment Robinhood Cash Card offers weekly bonuses invested into stocks and crypto, as well as cashback on popular brands Receive NFTs on the Polygon and Ethereum network and connect to decentralized applications via your Robinhood wallet
Cons
Not available outside the US Limited research and education tools compared to other brands Previous lawsuits and negative press surrounding the firm's controversial business practices Despite the actual app showing quote data in real-time, data may be delayed by up to 20 minutes Robinhood does not support advanced order types or options trades, while limit orders are collared up to 5% The broker falls short in terms of in-depth analysis and research tools, which may deter novice traders Concerning history of security breaches
Instruments
Stocks, Options, Crypto, ETFs	Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
No	Yes
Minimum Deposit
$0	$500
Trading Platforms
Own	Own
Payment Methods
ACH Transfer Apple Pay Automated Customer Account Transfer Service Credit Card Debit Card Google Wallet	Credit Card Visa Wire Transfer
Minimum Trade
$10	0.01 Lots
Regulator
SEC
Margin Trading
No	No
Margin Rate
2.5%
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	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS, Android and Windows	Yes
Auto Trading
	Yes
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	No
Commodities
	Gold Silver
CFD Trading
CFD trading not offered	Take positions on the markets with CFDs.
Leverage
1:2	1:500
FTSE Spread
N/A	Floating
GBPUSD Spread
N/A	Floating
Oil Spread
	Floating
Stocks Spread
0.3% Var	N/A
Forex Trading
Forex trading not offered	Buy and sell major, minor and exotic FX pairs.
GBPUSD Spread
	Floating
EURUSD Spread
	Floating
EURGBP Spread
	Floating
Assets
	44
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.	Trade on crypto cross pairs with leverage.
Spread
0%	Floating
Coins
BTC ETH BCH LTC SOL DOGE BTG OMG XMR QTUM DASH XRP XLM ZEC NEO LSK	BTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	CFD Global FX has closed.
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