Compare Pepperstone vs Robinhood

Online brokers compared for fees, trading platforms, safety and more. See how Pepperstone stacks up against Robinhood!

Pepperstone vs Robinhood
open account	Open account 74-89% of retail CFD accounts lose money	Open account
overall rating	4.6	4.0
overall pros	Fast and fully digital account opening Great customer service Seamless and free deposit and withdrawal	Free US stock and ETF trading Great mobile and web trading platforms Fast and fully digital account opening
overall cons	Only forex and CFDs Basic news flow No investor protection for clients outside the EU&UK	Limited product range Weak customer support Few educational materials
fees	4.4 Low forex fees No withdrawal fee No inactivity fee High costs for holding positions overnight	4.9 Commission-free US stock and ETF trading No fee for deposit or withdrawal Transparent fee structure
account opening	5.0 Fast Fully digital No minimum deposit	5.0 Fast Fully digital No minimum deposit Available only for US clients No IRA accounts offered
deposit and withdrawal	4.3 Credit/Debit card available No deposit fee Several account base currencies High bank withdrawal fee for clients outside the EU/Australia	2.3 Free withdrawal No deposit fee Cash management service Credit/Debit card not available Depositing larger amounts on Robinhood Gold takes longer Wire withdrawal is pricey
web trading platform	2.8 Clear fee report Good customizability (for charts, workspace) Order confirmation No two-step (safer) login No price alerts	4.5 User-friendly Clear fee report Two-step (safer) login Limited customizability (for charts, workspace)
mobile trading platform	3.8 User-friendly Good search function Price alerts No two-step (safer) login No Touch/Face ID login	5.0 User-friendly Two-step (safer) login Good search function
desktop trading platform	3.4 Clear fee report Good customizability (for charts, workspace) Price alerts No two-step (safer) login Poor design
markets and products	1.7 Forex CFD Crypto	1.1 Stock ETF Options Crypto
research	3.3 Trading ideas Daily market analysis Newsflow is basic within MetaTrader No fundamental data available	3.3 Trading ideas Data on asset fundamentals Quality news flow Limited interactive charting No/limited set of analytic tools
customer service	4.5 Phone support Live chat Fast response time No 24/7 support	1.5 Fast response time Relevant answers No phone support No live chat No 24/7 support
education	5.0 Demo account Trading platform tutorial Educational videos and webinars	1.5 Quality educational texts No demo account No trading platform tutorial videos No educational videos
safety	Majority of clients belong to a top-tier financial authority Negative balance protection for EU&UK clients Does not hold a banking license Not listed on stock exchange Financial information is not publicly available	Majority of clients belong to a top-tier financial authority High level of investor protection Financial information is publicly available No negative balance protection Does not hold a banking license Not listed on stock exchange
recommended for	Forex traders looking for great account opening and customer service	Beginners and buy-and-hold investors focusing on the US stock market

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