Plus500
Robinhood
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Overview
Plus500 was founded in 2008 and is headquartered in Israel, while Robinhood was established in 2013 and is based in USA. Plus500 holds licences including Plus500UK Ltd authorized & regulated by the FCA (#509909), while Robinhood is regulated by Financial Conduct Authority (FCA) among others. Plus500 serves 1,000,000+ clients worldwide; Robinhood has 10,000,000+. The minimum deposit is $100 at Plus500 and $0 at Robinhood.
| Feature | Plus500 | Robinhood |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Founded | 2008 | 2013 |
| Country | Israel | USA |
| Clients | 1,000,000+ | 10,000,000+ |
Fees
Fees are a critical factor when choosing between Plus500 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 Plus500). Neither broker charges withdrawal fees. Plus500 applies inactivity fees on dormant accounts; Robinhood does not. Robinhood charges deposit fees; Plus500 does not. Overall, Robinhood scores higher on fees in our assessment.
| Feature | Plus500 | Robinhood |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Plus500 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. Plus500 edges ahead on platform breadth and functionality in our scoring.
| Feature | Plus500 | Robinhood |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web Trader, 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 Plus500 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 | Plus500 | 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. Plus500 accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill), while Robinhood supports 1 (bank transfer). Plus500 uniquely supports credit/debit card and PayPal and Skrill among the two brokers. Plus500 scores higher on deposit and withdrawal flexibility.
| Feature | Plus500 | Robinhood |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| PayPal | Yes | No |
| Skrill | Yes | 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 Plus500 and Robinhood offer live chat support. Plus500 offers phone support; Robinhood does not. Email support is available at both brokers. Plus500 supports 15 languages and Robinhood supports 13, giving Plus500 broader global reach. Plus500 scores higher overall on customer support in our assessment.
| Feature | Plus500 | Robinhood |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |