Robinhood vs OctaFX

Robinhood vs OctaFX Comparison Table 2021
Robinhood OctaFX
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.
OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Best ECN/STP Broker 2019 - FXDaily Info
Best Forex Broker Asia 2019 - FXDaily Info
Best Forex Broker Asia 2018 - Global Banking & Finance Review
Best FX Broker 2018 - European CEO Magazine
Best Trading Conditions 2018 - European CEO Magazine
Best Copy Trading Platform 2018 - Forex-Awards.com
Best Forex ECN Broker 2017 - UK Finance Awards
Best Trading Conditions 2016 - Forex Report Magazine
Bonus
None 50% deposit bonus
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 Credit Card, Doku Wallet, Mastercard, MoneyGram, Paysafecard, Perfect Money, Vietcombank Transfer, Visa, Western Union, Wire Transfer, WorldPay
Minimum Trade
$10 0.01 lots
Regulator
SEC CySEC
Margin Trading
No No
Margin Rate
2.5%
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No Yes
STP Account
No No
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
- No
Robo Advisor
- No
Negative Balance Protection
- No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
- Yes
Trade Signals
- Yes
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- Yes
Ethical Investing
- No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
No Yes
Account Currencies
- -
CFD
Trade on the financial markets with CFDs.
Leverage
1:2 1:30
FTSE Spread
N/A 1.8
GBPUSD Spread
N/A 1.1
Oil Spread
1.1
Stocks Spread
0.3% Var Variable
Forex
Forex trading not offered OctaFX offers leveraged trading on currencies.
GBPUSD Spread
1.1
EURUSD Spread
0.7
EURGBP Spread
2.1
Assets
28
Cryptocurrency
Crypto trading not offered Trade popular digital currencies at OctaFX.
Spread
Variable
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