Robinhood vs Skilling.com

Robinhood vs Skilling Comparison Table 2024
Robinhood	Skilling
Review 0.9 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.	Review 4.7

Robinhood is a stock broker and financial services firm based in California. The broker offers commission-free stocks, cryptos and ETFs, plus other products such as cash cards and retirement accounts. Despite its robust regulation, Robinhood has been involved in numerous scandals and security breaches since 2020. We urge investors to exercise caution.	Skilling is a multi-asset broker founded in 2016 and based in Cyprus. The brand offers hundreds of day trading instruments with competitive spreads from 0.1 pips and beginner-friendly platforms. Skilling are also regulated in Europe and beyond with a transparent pricing structure. You can sign up and start trading in three easy steps.
	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Customer Reviews
1 Based on 1 Robinhood customer reviews
Promotions
	Skilling: Deposit $100 & Get A $30 Welcome Bonus
Comment by Reviewer
"Robinhood is aimed at traders looking for stocks and crypto investing opportunities with additional perks. However, the brokerage's recent business practices mean the brand isn't a good option if you want a reliable and trustworthy broker."	"Skilling maintains its position as a top pick for beginners looking for a competitive zero commission account with direct access to a copy trading feature. It will also serve experienced strategy providers looking to earn commissions, or anyone looking to trade forex during extended hours."
Pros
Intuitive mobile trading app with 24/7 live support and in-app stock market news Robinhood's 'Snacks' newsletter offers bite-sized financial news updates suitable for beginners Interesting podcast hosted by the CEO and co-founder, covering topics such as blockchain and financial empowerment Robinhood Cash Card offers weekly bonuses invested into stocks, as well as cashback on popular brands	The Skilling Copy solution is accessible directly from the cTrader web terminal, making it easy for strategy providers to manage their portfolios Excellent third-party charting platforms are available for serious day traders, with dozens of technical indicators and advanced order types Skilling continues to strengthen its investment offering recently introducing weekend forex trading on 7 currency pairs The broker offers smooth account funding with a good range of payment methods with zero deposit fees The broker has a solid global reputation and is regulated by top-tier authorities including the CySEC The €100 deposit and zero commissions in the Standard account are accessible for beginners
Cons
Limited research and education tools compared to top-rated brokers like IG Previous lawsuits and negative press surrounding the firm's controversial business practices Despite the actual app showing quote data in real-time, data may be delayed by up to 20 minutes Robinhood does not support advanced order types or options trades, while limit orders are collared up to 5% Concerning history of security breaches	Skilling trails alternatives like IG when it comes to research tools that can help day traders make informed decisions You can only access shares in the Skilling Trader platform and fewer instruments are available overall in the MT4 accounts
Awards
	Best Forex Trading Platform - Global Forex Awards 2022
Instruments
Stocks, ETFs, ADRs	Forex, CFDs, Stocks, Indices, Commodities and Cryptos
Demo Account
No	Yes
Minimum Deposit
$0
Trading Platforms
Robinhood Platform	Skilling Trader MT4 cTrader TradingView
Payment Methods
ACH Transfer Apple Pay Automated Customer Account Transfer Service Credit Card Debit Card Google Wallet	Apple Pay Klarna Mastercard Neteller PayPal Skrill Trustly Visa Wire Transfer
Minimum Trade
$1	0.01 Lots
Regulator
SEC, FCA	CySEC
Margin Trading
No	Yes
Margin Rate
2.5%
STP Account
No	Yes
ECN Account
No	No
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS & Android
Android App Rating
	4.2
iOS App Rating
	5
Auto Trading
No	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	Copy trading is available through Skilling Copy. 800+ strategies can be mirrored on the award-winning platform. Strategy providers can also use the service to generate an additional revenue stream.
Social Trading
No	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$0
Islamic Account
No	Yes
Account Currencies
USD	USD EUR GBP SEK NOK
Stock Exchanges
	Australian Securities Exchange (ASX) Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq Nasdaq Nordic & Baltics National Stock Exchange Of India New York Stock Exchange S&P 500 SIX Swiss Exchange
Commodities
	Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Natural Gas Nickel Oil Palladium Platinum Silver Soybeans Sugar Wheat Zinc
CFD Trading
CFD trading not offered	Skilling offers 800+ CFDs covering stocks, indices, forex and commodities. The powerful charting platforms facilitate ultra-fast execution times of 0.05 seconds and seasoned algo traders can execute complex CFD strategies using cTrader's C# programming language.
FTSE Spread
N/A	22
GBPUSD Spread
N/A	0.6
Oil Spread
	0.4
Stocks Spread
	1.0
Forex Trading
Forex trading not offered	Skilling offers Standard and Premium accounts with competitive leverage and low spreads from 0.1 pips across a wide range of major, minor and exotic forex pairs. A huge selection of over 70 currency pairs are available, including 7 pairs that can be traded on the weekend.
GBPUSD Spread
	0.6
EURUSD Spread
	0.4
EURGBP Spread
	0.6
Assets
	70+
Cryptocurrency
Access 18 crypto assets through the Robinhood app with no commission fees, including access to Bitcoin. On the negative side, the selection is not as wide as other brands and security is weak.	You can trade 50+ crypto pairs via leveraged CFDs. The list of tokens is longer than many rivals, including Vantage with only 30+, and you can get started easily with just $100.
Spread
0%	BTC 0.5
Coins
BTC ETH BCH LTC SOL DOGE BTG OMG XMR QTUM DASH XRP XLM ZEC NEO LSK	ACM APE AVE ATM AVA AXS BTC BAR BNB BTC BSV XBN ADA CHZ ATOM CRO DASH MANA DOGE EOS ETH ENJ XET ETC FTM ONE HT IOTA JUVE LTC LNK XLC XMR NEO OMG PSG CAKE DOT MATIC QTUM XRP ASR SAND SHIB SOL XLM SNX XTZ THT TRX UNI VET WAVE ZRP ZEC YFI
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	Yes

Review	Review
	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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