Abshire Smith
Robinhood
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Overview
Abshire Smith was founded in 1997 and is headquartered in United kingdom, while Robinhood was established in 2013 and is based in USA. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Abshire Smith serves 10,000+ clients worldwide; Robinhood has 10,000,000+. The minimum deposit is $500 at Abshire Smith and $0 at Robinhood.
| Feature | Abshire Smith | Robinhood |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Founded | 1997 | 2013 |
| Country | United kingdom | USA |
| Clients | 10,000+ | 10,000,000+ |
Fees
Fees are a critical factor when choosing between Abshire Smith and Robinhood, directly affecting your bottom line as a trader. Robinhood has a lower barrier to entry with a minimum deposit of $0 (vs $500 at Abshire Smith). Neither broker charges withdrawal fees. Abshire Smith charges deposit fees; Robinhood does not. Overall, Robinhood scores higher on fees in our assessment.
| Feature | Abshire Smith | Robinhood |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Abshire Smith offers MT4, MT5, cTrader, while Robinhood supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Abshire Smith edges ahead on platform breadth and functionality in our scoring.
| Feature | Abshire Smith | Robinhood |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4, cTrader Platform | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and Robinhood compare. Robinhood runs regular live webinars; Abshire Smith does not. Robinhood has a video library; Abshire Smith does not. Robinhood publishes daily market commentary; Abshire Smith does not. Robinhood integrates third-party research tools (Trading Central, Autochartist); Abshire Smith does not. Robinhood maintains an archive of past webinars for on-demand viewing. Robinhood scores higher overall in education and research.
| Feature | Abshire Smith | Robinhood |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Abshire Smith accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Robinhood supports 1 (bank transfer). Abshire Smith uniquely supports credit/debit card among the two brokers. Abshire Smith scores higher on deposit and withdrawal flexibility.
| Feature | Abshire Smith | Robinhood |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Abshire Smith and Robinhood offer live chat support. Abshire Smith offers phone support; Robinhood does not. Email support is available at both brokers. Abshire Smith supports 2 languages and Robinhood supports 13, giving Robinhood broader global reach. Abshire Smith scores higher overall on customer support in our assessment.
| Feature | Abshire Smith | Robinhood |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |