Compare FXCM vs Robinhood


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

FXCM vs Robinhood
overall rating
4.2
4.6
overall pros
  • Fast and straightforward account opening
  • Good technical research tools
  • High quality educational content
  • Free US stock and ETF trading
  • Great mobile and web trading platforms
  • Fast and fully digital account opening
overall cons
  • Limited product portfolio
  • Poor mobile platform
  • Poor website trading platform
  • Limited product range
  • Weak customer support
  • Few educational materials
fees
4.0
  • Low trading fees
  • No withdrawal fee
  • High AUDUSD trading fee
5.0
  • Low trading fees
  • Low non-trading fees
  • Commission-free US stock trading
account opening
4.0
  • Fully digital
  • Low minimum deposit
  • User-friendly
  • Account opening time slower than at most forex brokers
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Available only for US and Australian clients
deposit and withdrawal
4.0
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Slow withdrawal - over 3 days
2.0
  • Free withdrawal
  • No deposit fee
  • Instant deposit up to $1,000 per week
  • Credit/Debit card not available
  • Depositing larger amounts takes longer
  • Wire withdrawal is pricey
web trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • No two-step (safer) login
  • Poor search function
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
1.0
  • Good variety of order types
  • Order confirmation
  • Not user-friendly
  • No two-step (safer) login
  • Poor search function
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
  • No price alerts
markets and products
1.0
  • Forex
  • CFD
  • Crypto
2.0
  • Stock
  • ETF
  • Options
  • Crypto
research
5.0
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • No fundamental data available
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
customer service
5.0
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
1.0
  • Relevant answers
  • No phone support
  • No live chat
  • No 24/7 support
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
2.0
  • Quality educational texts
  • No demo account
  • No trading platform tutorial videos
  • No educational videos
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Negative balance protection
  • 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 easy account opening, funding, and withdrawal Beginners and buy-and-hold investors focusing on the US stock market
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