Robinhood vs KLMFX

Robinhood vs KLMFX Comparison Table 2021
Robinhood KLMFX
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.
KLMFX offers traditional assets and markets on the MetaTrader 5 platform.
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Awards
Best Broker for Experience and Technology 2015
Best Broker for Customer Service 2015
Best Broker for Analysis and Reports 2014
Bonus
None 100% deposit bonus
Instruments
Stocks, Options, CFD, Binary Options, ETFs Forex, stocks, indices, commodities
Demo Account
No Yes
Minimum Deposit
$0 $250
Payment Methods
ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay Credit Card, Neteller, Skrill, Visa
Minimum Trade
$10 0.01 lots
Regulator
SEC None
Margin Trading
No -
Margin Rate
2.5%
MetaTrader 4
No No
MetaTrader 5
No Yes
cTrader
No No
STP Account
No -
ECN Account
No No
DMA Account
No No
MAM Account
No -
PAMM Account
No -
LAMM Account
No -
Demat Account
No -
AI / Machine Learning
- -
Robo Advisor
- -
Negative Balance Protection
- -
Market Maker
No -
P2P Trading
No -
Spot Trading
No -
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
- Yes
Trade Signals
- Yes
VPS Hosting
- -
Tournaments
- -
Demo Competitions
- -
Ethical Investing
- -
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- -
CFD
CFD products with 1:800 leverage is offered.
Leverage
1:2 1:800
FTSE Spread
N/A 1.2
GBPUSD Spread
N/A 2.4
Oil Spread
0.3
Stocks Spread
0.3% Var Variable
Forex
Forex trading not offered KLMFX offers online currency trading on majors, minors and exotics.
GBPUSD Spread
2.4
EURUSD Spread
1.5
EURGBP Spread
2.5
Assets
44
Binary Options
Binary options trading not offered
Payout