Robinhood
Startrader
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Overview
Robinhood was founded in 2013 and is headquartered in USA, while Startrader was established in 2011 and is based in Hong Kong. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Robinhood serves 10,000,000+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $0 at Robinhood and $50 at Startrader.
| Feature | Robinhood | Startrader |
|---|---|---|
| Min. Deposit | $0 | $50 |
| Regulation | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) |
| Founded | 2013 | 2011 |
| Country | USA | Hong Kong |
| Clients | 10,000,000+ | 500,000 + |
Fees
Fees are a critical factor when choosing between Robinhood and Startrader, directly affecting your bottom line as a trader. Robinhood has a lower barrier to entry with a minimum deposit of $0 (vs $50 at Startrader). Startrader charges withdrawal fees while Robinhood does not, giving Robinhood an edge for frequent withdrawers. Robinhood charges deposit fees; Startrader does not. The two brokers are broadly comparable on fee structure.
| Feature | Robinhood | Startrader |
|---|---|---|
| Min. Deposit | $0 | $50 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Robinhood offers a proprietary platform, while Startrader supports MT4, MT5, cTrader. Robinhood offers a mobile trading app; mobile availability for Startrader is limited. Both brokers support copy or social trading, catering to less hands-on investors. Startrader edges ahead on platform breadth and functionality in our scoring.
| Feature | Robinhood | Startrader |
|---|---|---|
| MT4 | No | Yes |
| MT5 | No | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5 and Web Trader |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Robinhood and Startrader 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 | Robinhood | Startrader |
|---|---|---|
| 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. Robinhood accepts 1 of the tracked payment methods (bank transfer), while Startrader supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Startrader uniquely supports credit/debit card and Skrill and Neteller among the two brokers. Startrader scores higher on deposit and withdrawal flexibility.
| Feature | Robinhood | Startrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Robinhood and Startrader offer live chat support. Startrader offers phone support; Robinhood does not. Email support is available at both brokers. Robinhood supports 13 languages and Startrader supports 2, giving Robinhood broader global reach. Startrader scores higher overall on customer support in our assessment.
| Feature | Robinhood | Startrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | No | Yes |
| Email Support | Yes | Yes |
| Languages | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce | English, Chinese |