Robinhood vs FXChoice

Robinhood vs FXChoice Comparison Table 2021
Robinhood FXChoice
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.
FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Bonus
None 15% deposit bonus with Bitcoin payments
Instruments
Stocks, Options, CFD, Binary Options, ETFs Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
No Yes
Minimum Deposit
$0 $100
Payment Methods
ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay ADVcash, Bitcoin Payments, FasaPay, Neteller, Paysafecard, Perfect Money, POLi, Skrill, Sticpay, Visa, Wire Transfer
Minimum Trade
$10 0.01 lots
Regulator
SEC IFSC
Margin Trading
No No
Margin Rate
2.5%
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
- No
Robo Advisor
- No
Negative Balance Protection
- -
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
- Yes (EAs)
Trade Signals
- Yes
VPS Hosting
- -
Tournaments
- -
Demo Competitions
- -
Ethical Investing
- -
Social Trading
No Yes
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD
CFD
FXChoice offers leveraged CFD products on a breadth of financial markets.
Leverage
1:2 1:200
FTSE Spread
N/A 1.5
GBPUSD Spread
N/A 1.3
Oil Spread
0.040
Stocks Spread
0.3% Var Variable
Forex
Forex trading not offered Trade three-dozen forex pairs, including the US Dollar and Euro.
GBPUSD Spread
1.3
EURUSD Spread
0.6
EURGBP Spread
0.9
Assets
36
Cryptocurrency
Crypto trading not offered FXChoice offers trading on leading crypto cross pairs with the US Dollar.
Spread
0.01
Coins
BTC, LTC, ETH
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered
Payout