patersons securities limited
Robinhood
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Overview
patersons securities limited was founded in 2015 and is headquartered in United States, while Robinhood was established in 2013 and is based in USA. patersons securities limited holds licences including AFS Licence 234666, while Robinhood is regulated by Financial Conduct Authority (FCA) among others. patersons securities limited serves 10,000+ clients worldwide; Robinhood has 10,000,000+. The minimum deposit is $250 at patersons securities limited and $0 at Robinhood.
| Feature | patersons securities limited | Robinhood |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Regulation | AFS Licence 234666 | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Founded | 2015 | 2013 |
| Country | United States | USA |
| Clients | 10,000+ | 10,000,000+ |
Fees
Fees are a critical factor when choosing between patersons securities limited 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 patersons securities limited). Neither broker charges withdrawal fees. patersons securities limited charges deposit fees; Robinhood does not. Overall, Robinhood scores higher on fees in our assessment.
| Feature | patersons securities limited | Robinhood |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
patersons securities limited 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. patersons securities limited edges ahead on platform breadth and functionality in our scoring.
| Feature | patersons securities limited | 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 patersons securities limited 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 | patersons securities limited | 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. patersons securities limited accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Robinhood supports 1 (bank transfer). patersons securities limited uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. patersons securities limited scores higher on deposit and withdrawal flexibility.
| Feature | patersons securities limited | 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 patersons securities limited and Robinhood offer live chat support. patersons securities limited offers phone support; Robinhood does not. Email support is available at both brokers. patersons securities limited supports 8 languages and Robinhood supports 13, giving Robinhood broader global reach. patersons securities limited scores higher overall on customer support in our assessment.
| Feature | patersons securities limited | 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 |