Robinhood vs SimpleFX

Robinhood vs SimpleFX Comparison Table 2022
Robinhood	SimpleFX
Review 0.9 Traders from US accepted	Review Not Yet Rated Traders from US not accepted
Robinhood 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.	SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees.
Bonus
None	50% spread cashback
Instruments
Stocks, Options, CFD, Crypto, ETFs	Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
No	Yes
Minimum Deposit
$0	$0
Payment Methods
ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay	Bitcoin Payments, FasaPay, Neteller, Skrill
Minimum Trade
$10	0.01 lots
Regulator
SEC
Margin Trading
No	No
Margin Rate
2.5%
MetaTrader 4
No	Yes
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	-
eSignal
No	-
Trading Central
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	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	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	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Social Trading
No	Yes
Copy Trading
No	No
Islamic Account
No	No
Account Currencies
-	-
Stock Exchanges
-	-
CFD
	Leveraged CFD products are available in multiple financial markets.
Leverage
1:2	1:500
FTSE Spread
N/A	1.3
GBPUSD Spread
N/A	1.2
Oil Spread
	0.03
Stocks Spread
0.3% Var	Variable
Forex
Forex trading not offered	Trade currency pairs with tight spreads and 1:500 leverage.
GBPUSD Spread
	1.2
EURUSD Spread
	0.9
EURGBP Spread
	0.9
Assets
	60
Cryptocurrency
Robinhood offers crypto investing with zero commissions	Trade crypto and US Dollar CFDs.
Spread
0%	From 0.0001
Coins
BTC, ETH, BCH, LTC, SOL, DOGE, BTG, OMG, XMR, QTUM, DASH, XRP, XLM, ZEC, NEO, LSK	BTC, BHC, LTC, ETH, ETC, XRP, LNK
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	-
Auto Market Maker
No	No

Review	Review
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