Robinhood vs SmartFX

Robinhood vs SmartFX Comparison Table 2021
Robinhood SmartFX
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.
SmartFX is a leading online provider of forex, CFDs and futures.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Bonus
None None
Instruments
Stocks, Options, CFD, Binary Options, ETFs Forex, CFD-indices, CFD-equities, futures
Demo Account
No Yes
Minimum Deposit
$0 Undisclosed
Payment Methods
ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay Neteller, Skrill, Visa, Wire Transfer
Minimum Trade
$10 0.01 lots
Regulator
SEC VFSC
Margin Trading
No -
Margin Rate
2.5%
MetaTrader 4
No No
MetaTrader 5
No Yes
cTrader
No No
STP Account
No -
ECN Account
No No
DMA Account
No No
MAM Account
No -
PAMM Account
No -
LAMM Account
No -
Demat Account
No -
AI / Machine Learning
- -
Robo Advisor
- -
Negative Balance Protection
- -
Market Maker
No -
P2P Trading
No -
Spot Trading
No -
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
- Yes
Trade Signals
- Yes
VPS Hosting
- -
Tournaments
- -
Demo Competitions
- -
Ethical Investing
- -
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
- -
CFD
Broaden your portfolio with leveraged CFDs
Leverage
1:2 1:400
FTSE Spread
N/A Floating
GBPUSD Spread
N/A Floating
Oil Spread
Floating
Stocks Spread
0.3% Var Variable
Forex
Forex trading not offered Trade on forex with floating spreads
GBPUSD Spread
Floating
EURUSD Spread
Floating
EURGBP Spread
Floating
Assets
43
Binary Options
Binary options trading not offered
Payout