Bittrex
Robinhood
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Overview
Bittrex was founded in 2010 and is headquartered in South Korea, while Robinhood was established in 2013 and is based in USA. Bittrex holds licences including Securities and Exchange Commission (SEC), while Robinhood is regulated by Financial Conduct Authority (FCA) among others. Bittrex serves 10,000+ clients worldwide; Robinhood has 10,000,000+. The minimum deposit is $100 at Bittrex and $0 at Robinhood.
| Feature | Bittrex | Robinhood |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Founded | 2010 | 2013 |
| Country | South Korea | USA |
| Clients | 10,000+ | 10,000,000+ |
Fees
Fees are a critical factor when choosing between Bittrex and Robinhood, directly affecting your bottom line as a trader. Robinhood has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Bittrex). Neither broker charges withdrawal fees. Bittrex charges deposit fees; Robinhood does not. Overall, Robinhood scores higher on fees in our assessment.
| Feature | Bittrex | Robinhood |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Bittrex 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 Bittrex does not offer. Bittrex edges ahead on platform breadth and functionality in our scoring.
| Feature | Bittrex | 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 Bittrex 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. The two brokers are evenly matched on educational content.
| Feature | Bittrex | Robinhood |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bittrex accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Robinhood supports 1 (bank transfer). Bittrex uniquely supports credit/debit card among the two brokers. Bittrex scores higher on deposit and withdrawal flexibility.
| Feature | Bittrex | 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 Bittrex and Robinhood offer live chat support. Bittrex offers phone support; Robinhood does not. Email support is available at both brokers. Bittrex supports 2 languages and Robinhood supports 13, giving Robinhood broader global reach. Bittrex scores higher overall on customer support in our assessment.
| Feature | Bittrex | 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 |