Advanced Global Markets
Robinhood
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Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while Robinhood was established in 2013 and is based in USA. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Robinhood is regulated by Financial Conduct Authority (FCA) among others. Advanced Global Markets serves 10,000+ clients worldwide; Robinhood has 10,000,000+. The minimum deposit is $500 at Advanced Global Markets and $0 at Robinhood.
| Feature | Advanced Global Markets | Robinhood |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Founded | 1992 | 2013 |
| Country | Cyprus | USA |
| Clients | 10,000+ | 10,000,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets 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 Advanced Global Markets). Advanced Global Markets charges withdrawal fees while Robinhood does not, a notable advantage for frequent withdrawers. Advanced Global Markets charges deposit fees; Robinhood does not. Overall, Robinhood scores higher on fees in our assessment.
| Feature | Advanced Global Markets | Robinhood |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while Robinhood supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Robinhood supports social and copy trading features, which Advanced Global Markets does not offer. Advanced Global Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Advanced Global Markets | Robinhood |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and Robinhood compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Robinhood scores higher overall in education and research.
| Feature | Advanced Global Markets | Robinhood |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Robinhood supports 1 (bank transfer). Advanced Global Markets uniquely supports credit/debit card among the two brokers. Advanced Global Markets scores higher on deposit and withdrawal flexibility.
| Feature | Advanced Global Markets | 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 Advanced Global Markets and Robinhood offer live chat support. Advanced Global Markets offers phone support; Robinhood does not. Email support is available at both brokers. Advanced Global Markets supports 2 languages and Robinhood supports 13, giving Robinhood broader global reach. Advanced Global Markets scores higher overall on customer support in our assessment.
| Feature | Advanced Global Markets | 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 |