Robinhood vs Smart Prime FX

Robinhood vs Smart Prime FX Comparison Table 2021
Robinhood Smart Prime 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.
Smart Prime FX is an offshore broker offering live, MAM and PAMM accounts.
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Bonus
None None
Instruments
Stocks, Options, CFD, Binary Options, ETFs Forex, CFDs, indices, commodities
Demo Account
No Yes
Minimum Deposit
$0 $25,000
Payment Methods
ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay Credit Card, FasaPay, Mastercard, Neteller, Perfect Money, Skrill, Visa, Webmoney, Wire Transfer
Minimum Trade
$10 0.01 lots
Regulator
SEC Unregulated
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 No
AI / Machine Learning
- -
Robo Advisor
- -
Negative Balance Protection
- -
Market Maker
No -
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
- Yes (EAs)
Trade Signals
- Yes
VPS Hosting
- -
Tournaments
- -
Demo Competitions
- -
Ethical Investing
- -
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- -
CFD
Start trading on the financial markets with leveraged CFDs.
Leverage
1:2 1:100 Retail, 1:200 Professional
FTSE Spread
N/A Floating
GBPUSD Spread
N/A 1
Oil Spread
N/A
Stocks Spread
0.3% Var Variable
Forex
Forex trading not offered Trade the most active currency pairs at Smart Prime FX.
GBPUSD Spread
1
EURUSD Spread
8
EURGBP Spread
1
Assets
10+
Binary Options
Binary options trading not offered
Payout