Robinhood vs SimpleFX

Robinhood vs SimpleFX Comparison Table 2022
Robinhood SimpleFX
0.9
United States Flag Traders from US accepted
Not Yet Rated
United States Flag 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
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