fxdd
Robinhood
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Overview
fxdd was founded in 2010 and is headquartered in Belize, while Robinhood was established in 2013 and is based in USA. fxdd holds licences including Malta Financial Services Authority MFSA IS/48817. Financial Services Commission, while Robinhood is regulated by Financial Conduct Authority (FCA) among others. fxdd serves 14,000,000+ clients worldwide; Robinhood has 10,000,000+. The minimum deposit is $250 at fxdd and $0 at Robinhood.
| Feature | fxdd | Robinhood |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Regulation | Malta Financial Services Authority MFSA IS/48817. Financial Services Commission, Mauritius. License Number C117017252 | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Founded | 2010 | 2013 |
| Country | Belize | USA |
| Clients | 14,000,000+ | 10,000,000+ |
Fees
Fees are a critical factor when choosing between fxdd and Robinhood, directly affecting your bottom line as a trader. Robinhood has a lower barrier to entry with a minimum deposit of $0 (vs $250 at fxdd). Neither broker charges withdrawal fees. Robinhood charges deposit fees; fxdd does not. Overall, Robinhood scores higher on fees in our assessment.
| Feature | fxdd | Robinhood |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
fxdd 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. fxdd edges ahead on platform breadth and functionality in our scoring.
| Feature | fxdd | 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 fxdd 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 | fxdd | 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. fxdd accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Robinhood supports 1 (bank transfer). fxdd uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. fxdd scores higher on deposit and withdrawal flexibility.
| Feature | fxdd | 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 fxdd and Robinhood offer live chat support. fxdd offers phone support; Robinhood does not. Email support is available at both brokers. fxdd supports 8 languages and Robinhood supports 13, giving Robinhood broader global reach. fxdd scores higher overall on customer support in our assessment.
| Feature | fxdd | 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 |