Markets.com
Robinhood
Basic data of broker
Recommended for Traders looking to venture into CFD trading
Recommended for Beginners and buy-and-hold investors focusing on the US stock market
Cyprus
USA
Fees
High trading fees, average non-trading fees
Low trading and non-trading fees, free US stock and ETF trading
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
11
1
Deposit type
Withdrawal type
Account opening
$100
$0
1 day
1 day
Proof of identity: ID / passport / driver's license / National ID / Government ID containing photo, full name, date of birth, expiration date Proof of residency: bank statement / utility bill / internet bill / landline phone / tv service
Proof of identity: SSN and ID / passport / driver's license
Trading platform
Markets and products
Disclaimer: 79.9% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Poor
Customer service
Security
€20,000 in Europe, £85,000 in the UK, no protection in South Africa, Australia and other countries
$500,000 (securities up to $500,000, cash up to $250,000)
2008
2013
Cyprus, UK, Australia, South Africa, British Virgin Islands
USA
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Markets.com's service is slightly weaker than Robinhood's and a comparison of their fees shows that Markets.com's fees are much higher than Robinhood's.
Account opening takes about the same effort at Markets.com compared to Robinhood, deposit and withdrawal processes are much more seamless at Markets.com, while customer service quality is much better than Robinhood's.
Our experts rated the trading platform of Markets.com as somewhat worse than the platform of Robinhood, found that clients have access to slightly less markets and products with Markets.com, while Robinhood provides less useful research and education.