Robinhood vs FXTM
| Robinhood | FXTM |
|---|---|
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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.
|
FXTM is a leading forex and CFD broker. Offering a huge range of markets and 6 account types, they cater to all levels of trader. |
 Traders from US accepted |
Traders from US not accepted |
| Awards | |
| Best ECN Broker 2020 - DayTrading.com | |
| Bonus | |
| None | 30% Up to $100 via Exinity Ltd |
| Instruments | |
| Stocks, Options, CFD, Binary Options, ETFs | Forex, CFDs, indices, commodities, cryptocurrencies |
| Demo Account | |
| No | Yes |
| Minimum Deposit | |
| $0 | From $50 |
| Payment Methods | |
| ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay | Bitcoin Payments, Credit Card, Google Pay, JCB Card, M-Pesa, Neteller, Perfect Money, QIWI, Skrill, UnionPay, Visa, Webmoney, WeChat Pay, Western Union, WorldPay, Yandex Money |
| Minimum Trade | |
| $10 | 0.01 lots |
| Regulator | |
| SEC | CySec, ESMA, FCA and FSC of the Republic of Mauritius |
| Margin Trading | |
| No | No |
| Margin Rate | |
| 2.5% | |
| MetaTrader 4 | |
| No | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | No |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| - | No |
| Robo Advisor | |
| - | No |
| Negative Balance Protection | |
| - | No |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Mobile Apps | |
| iOS, Android and Windows | iOS, Android and Windows |
| Auto Trading | |
| - | Yes, via FXTM Invest or EAs |
| Trade Signals | |
| - | Yes |
| VPS Hosting | |
| - | No |
| Tournaments | |
| - | No |
| Demo Competitions | |
| - | No |
| Ethical Investing | |
| - | No |
| Social Trading | |
| No | Yes |
| Copy Trading | |
| No | Yes |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
| - | USD, EUR, GBP |
| CFD | |
| Leverage | |
| 1:2 | 1:30 EU, 1:200 |
| FTSE Spread | |
| N/A | 1.3 pts |
| GBPUSD Spread | |
| N/A | 0.3 (var) |
| Oil Spread | |
| 9 pts (var) | |
| Stocks Spread | |
| 0.3% Var | 0.1% Var |
| Forex | |
| Forex trading not offered | FXTM offer forex trading on a huge range of currency pairs. Spreads can be as low as 0.1 with the ECN account types. |
| GBPUSD Spread | |
| 0.3 (var) | |
| EURUSD Spread | |
| 0.1 (var) | |
| EURGBP Spread | |
| 0.2 (var) | |
| Assets | |
| 50+ | |
| Binary Options | |
| Binary options trading not offered | |
| Payout | |
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