freetrade
Robinhood
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Overview
freetrade was founded in 2016 and is headquartered in United Kingdom, while Robinhood was established in 2013 and is based in USA. freetrade holds licences including Financial Conduct Authority. Registered in England and Wales (no. 09797821), while Robinhood is regulated by Financial Conduct Authority (FCA) among others. freetrade serves 890,000+ clients worldwide; Robinhood has 10,000,000+. Both brokers share the same minimum deposit of $0.
| Feature | freetrade | Robinhood |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Regulation | Financial Conduct Authority. Registered in England and Wales (no. 09797821) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Founded | 2016 | 2013 |
| Country | United Kingdom | USA |
| Clients | 890,000+ | 10,000,000+ |
Fees
Fees are a critical factor when choosing between freetrade and Robinhood, directly affecting your bottom line as a trader. Both require a minimum deposit of $0. Neither broker charges withdrawal fees. Robinhood charges deposit fees; freetrade does not. The two brokers are broadly comparable on fee structure.
| Feature | freetrade | Robinhood |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
freetrade offers MT4, MT5, cTrader, a proprietary platform, 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. freetrade edges ahead on platform breadth and functionality in our scoring.
| Feature | freetrade | 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how freetrade 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 | freetrade | 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. freetrade accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Robinhood supports 1 (bank transfer). freetrade uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. freetrade scores higher on deposit and withdrawal flexibility.
| Feature | freetrade | Robinhood |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both freetrade and Robinhood offer live chat support. freetrade offers phone support; Robinhood does not. Email support is available at both brokers. freetrade supports 8 languages and Robinhood supports 13, giving Robinhood broader global reach. freetrade scores higher overall on customer support in our assessment.
| Feature | freetrade | Robinhood |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |