Robin Hood Review 2019

Robin Hood Rated 3/5
Robin Hood have a low rating. We recommend you look at one of their alternative brokers.
Plus500 matches your criteria. Visit Plus500 now here.

Robin Hood Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Robin Hood we break down the pros and cons. What Robin Hood are able to offer, what countries Robin Hood are available in. Who Robin Hood are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Robin Hood

  • Regulated by: Securities and Exchange Commission (SEC)
  • Headquarters Country : United States
  • Foundation year 2013
  • Min Deposit : No minimum deposit.
  • Used by over 10,000 traders
  • Robin Hood is not available in the following countries :
Open Robin Hood's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to Robin Hood

With this review we hope to help you see if Robin Hood is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Robin Hood that will help you get off to a good start in the world of online trading.

Robin Hood Review Table of Contents

Robin Hood what you should know

Robin Hood offer four ways to trade: Forex trading, Spread Betting, Social trading, Share Dealing.

With Robin Hood you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with Robin Hood platform.

Robin Hood are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Robin Hood safe?

When choosing a broker like Robin Hood the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2013, and in operation for 6 years Robin Hood have a head office in United States.

Robin Hood is regulated. This means Robin Hood are supervised by and is checked for conduct by the Securities and Exchange Commission (SEC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Robin Hood, this will be honored. If Robin Hood violate any regulatory rules their regulated status could be stripped.

Any payments funded to Robin Hood accounts by traders are held in a segregated bank account.

For added security Robin Hood use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Robin Hood. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Robin Hood

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like about Robin Hood

  • Used by over 10,000 traders
  • Established in 2013
  • Regulated by Securities and Exchange Commission (SEC)
  • Min. deposit from $0

What we don't like about Robin Hood

Robin Hood General Fees

  • Robin Hood withdrawal fees varies on payment method
  • Robin Hood does charge inactivity fees
  • Robin Hood does charge deposit fees

Robin Hood Commissions

  • Robin Hood does charge commission on CFD shares.

What can you trade with Robin Hood?

You can trade a wide variety of instruments with Robin Hood over 200 instruments infact.

If you are looking at trading currency pairs Robin Hood offer over currency pairs.

Compare Robin Hood with XTB and Plus500 below.

Your capital is at risk

FX / Currencies robinhood XTB Plus500
Forex pairs offered 50 100
Major forex pairs Yes Yes Yes
Minor forex pairs No Yes Yes
Exotic forex pairs NO Yes Yes
Cryptocurrencies NO Yes Yes
Commodity CFDs Robin Hood XTB Plus500
Commodities offered 0 21 17
Metals No Yes Yes
Energies NO Yes Yes
Agricultural NO Yes Yes
Indiced & Stock CFDs Robin Hood XTB Plus500
Stocks offered 1696 1816
UK Shares No Yes Yes
US Shares NO Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
robinhood
Instruments
XTB
Instruments
Plus500
Instruments

Trading on Robin Hood web platforms and other applications

Robin Hood offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

An Robin Hood IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

Robin Hood also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See robinhood's platforms

Robin Hood Trading benefits :

  • Low min deposit

Robin Hood Trading Accounts Offered :

  • Standard account

Can I try Robin Hood before I buy?

Robin Hood offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding and withdrawl methods do Robin Hood accept?

Robin Hood offer the below funding payment methods. learn more about Robin Hood

  • Credit cards

How can I start trading with Robin Hood?

When opening a trading account with Robin Hood, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Robin Hood trading platforms here.

Performing trades with Robin Hood

Robin Hood allow you to execute a minimum of trade of $0. This may vary depending on the account you open. Robin Hood allow you to execute a maxium trade of varies.

As a market maker, Robin Hood may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at Robin Hood

To trade effectively with Robin Hood, it's important to get a have a good understanding of the XTB trading tools and the markets.

Robin Hood offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Robin Hood.

Take time to look around the Robin Hood platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Support at Robin Hood

Robin Hood support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

What you will need to open an account with Robin Hood

As Robin Hood is regulated by Securities and Exchange Commission (SEC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Robin Hood's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Robin Hood you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.robinhood.com/ on 12th August 2018.

Robin Hood not quite right?

Check out these Robin Hood Alternatives

We have spent years researching the best alternatives to Robin Hood. Click the links below to learn more.

If you feel some of the above Robin Hood are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Robin Hood alternatives below.

Related Robin Hood Comparisons

If you would like to see how Robin Hood stands up against other brokers you can read some of our Robin Hood comparisons below. We compare side by side some of our top rated Robin Hood versus comparisons. Read some indepth Robin Hood VS pages below.

ROBIN HOOD Frequently Asked Questions

Can I try Robin Hood before I buy?

Robin Hood do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Robin Hood accept?

Robin Hood offer the following funding payment methods accept Credit cards, among other payment methods.
Learn more here

Your capital is at risk

How can I start trading with Robin Hood?

When opening a trading account with Robin Hood, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Robin Hood trading platforms here.

Is my money safe with Robin Hood?

Robin Hood is regulated by Securities and Exchange Commission (SEC). One of the most important criteria for traders when choosing a broker like Robin Hood is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Robin Hood, this will be honored. If they violate any regulatory rules their regulated status can be stripped.