Robinhood vs FXTM

Robinhood vs FXTM Comparison Table 2021
Robinhood FXTM
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.
United States Flag Traders from US accepted
United States Flag 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