We found 11 online brokers that are appropriate for Trading Robinhood Penny Stocks Investment Platforms.
Amid the recent rise in popularity for Robinhood in the financial markets, a serious question has arisen concerning whether it is wise to buy penny stocks. We know that this brokerage house is the preferred destination for beginners as they offer commission-free trading as well as fractional shares, best for newcomers who enter the market with low capital. It is also perfect for experienced investors who look for ways through which to diversify their portfolio.
In this article, titled 'Robinhood Penny Stocks', we will discuss the range of penny stocks offered by Robinhood and whether or not these are best available or if investors should turn towards other brokers.
Recently, Robinhood has come under scrutiny following the short squeezes of companies such as MAC Entertainment, GameStop, and others. Drastic measures were taken by some other brokers, who argued that these steps were in the interest of protecting clients.
However, many were perplexed, arguing that the measures in fact restricted clients from buying the shares of some companies after closing the ability to carry out transactions.
Robinhood was vehemently criticised and it was one of the most vocal brokers that justified the steps that were taken. Afterwards it came under fire for using such tactics, and a mass exodus of the platform was noticed. Many investors are now unhappy with the services Robinhood offers.
Amid last week's events, traders are still found to be searching the top penny stocks on Robinhood's platform. This means there is still a large amount of interest in the platform's stocks offering, especially penny stocks listed on NYSE and Nasdaq.
Meanwhile, it is important to understand that Robinhood is able to restrict access to such stocks when deemed necessary. This is as per its bylaws and regulations.
Late last month, Robinhood brought $1 billion additional funds further to a previous $1 billion cash injection. It also committed to raising a third tranche of funding which could be another up to $1 billion. With these added funds it promises to offer investors a better and more user-friendly experience.
Recently, Evofem shares have risen in value, reaching $3.15 last week. In late December, the price was only $2.15. However, upon analysis, it has been noticed that this is the first time in a 200-Day Moving Average that the price reached such highs.
The company was primed last year with much anticipation for its Phexxi product, which helps prevent pregnancy. It announced that is won the Business Intelligence Group's BIG Innovation Award. Meanwhile, it also filed a Form S-8 for the registration of a couple of million shares of stock. However, this failed to have a lasting impact on its penny stock, and a brief pullback in value was seen. However, more recently, it is managed to get back on track.
The Phase 3 trial of EVO100 treatment for gonorrhea and chlamydia is the now the main focus of the company. The company said it will be activating all remaining sites this year, and by the end of 2021 there will be complete enrolment in the 1,730-patient trial.
Meanwhile, it should also be noted that the EVC100 has been granted Fast Track Designation from FDA for chlamydia prevention in women.
Zomedica Corp is on a restricted list of companies on Robinhood. The company will soon be launching a diagnostic medical device for the veterinary community, also signing a deal with Miller Veterinary Supply for TRUFORMA distribution where sales may start from March 30.
TRUFORMA is believed to be an industry-changing product and the company is working with Zomedica to introduce it to valued customers and pets.
Similar to Evofem, Vyne Therapeutics has a target of reaching $3.50 per share. The company recently yannounced FDA approval for AMZEEQ topical foam which helps treat inflammatory lesions.
Vyne Chief Commercial Officer, Matt Wiley, said dermatologists, as well as consumers, will have an interest in antimicrobial resistance data while caring for patients with antibiotic stewardship.
The current market for penny stocks is highly volatile, yet it cannot be denied that millions of newcomers joined the investment industry last year as a result, and it looks set to continue in 2021. Robinhood has been the preferred online broker for most beginners. With respect to penny stocks, there have been some ups and downs in their value more recently, but through injections of billions of dollars, the brokerage house hopes to offer a better user experience to its clients.
Apart from Robinhood penny stocks trading, the platform is also preferred for its commission-free trading and fractional shares.
We have conducted extensive research and analysis on over multiple data points on Robinhood Penny Stocks to present you with a comprehensive guide that can help you find the most suitable Robinhood Penny Stocks. Below we shortlist what we think are the best Robinhood Penny Stocks Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Robinhood Penny Stocks.
Selecting a reliable and reputable online Robinhood Penny Stocks Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Robinhood Penny Stocks Investment Platforms more confidently.
Selecting the right online Robinhood Penny Stocks Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Robinhood Penny Stocks Investment Platforms trading, it's essential to compare the different options available to you. Our Robinhood Penny Stocks Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Robinhood Penny Stocks Investment Platforms broker that best suits your needs and preferences for Robinhood Penny Stocks Investment Platforms. Our Robinhood Penny Stocks Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Robinhood Penny Stocks Investment Platforms.
Compare Robinhood Penny Stocks Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Robinhood Penny Stocks Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Robinhood Penny Stocks Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Robinhood Penny Stocks Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Robinhood Penny Stocks Investment Platforms that accept Robinhood Penny Stocks Investment Platforms clients.
Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
Support |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Robinhood Penny Stocks Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Robinhood Penny Stocks Investment Platforms for 2025 article further below. You can see it now by clicking here
We have listed top Robinhood Penny Stocks Investment Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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