Robinhood vs Mega Trader FX

Robinhood vs Mega Trader FX Comparison Table 2021
Robinhood Mega Trader FX
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.
Mega Trader FX is a multi-asset broker offering 1:500 leverage and deposit bonuses.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Bonus
None 20% deposit bonus up to $2,000
Instruments
Stocks, Options, CFD, Binary Options, ETFs Forex, CFDs, indices, precious metals, energies
Demo Account
No Yes
Minimum Deposit
$0 $0
Payment Methods
ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay Neteller, Skrill, Visa
Minimum Trade
$10 0.01 lots
Regulator
SEC CySEC
Margin Trading
No No
Margin Rate
2.5%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
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 -
AI / Machine Learning
- -
Robo Advisor
- -
Negative Balance Protection
- -
Market Maker
No -
P2P Trading
No -
Spot Trading
No No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
- Yes (EAs)
Trade Signals
- -
VPS Hosting
- -
Tournaments
- -
Demo Competitions
- -
Ethical Investing
- -
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- -
CFD
CFD products are available on multiple financial markets.
Leverage
1:2 1:500
FTSE Spread
N/A Variable
GBPUSD Spread
N/A 2.6
Oil Spread
Variable
Stocks Spread
0.3% Var N/A
Forex
Forex trading not offered Online trading is available on major, minor and exotic FX pairs.
GBPUSD Spread
2.6
EURUSD Spread
1.9
EURGBP Spread
2.5
Assets
54
Binary Options
Binary options trading not offered
Payout