Robinhood Vs AvaTrade

Robinhood and AvaTrade in Detail

The Robinhood online trading platform gives traders from all over the world access to over 5,000 financial instruments, AvaTrade include over 1,000 available instruments. There are over 24,000,000+ registered customers that have taken advantage of the Robinhood platform.

Robinhood are regulated by Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Financial Conduct Authority (FCA)(828790), Australian Securities and Investments Commission (ASIC)(001282393), Financial Services Agency (FSA) Japan, Canadian Securities Administrators (CSA), Financial Market Authority (FMA) New Zealand .

AvaTrade is a renowned Ireland financial trading brokerage established in 2006.

AvaTrade serves customers globally and are regulated by 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). Depending on the country you are trading from Robinhood may serve you from a different business entity to comply with its financial regulators.

AvaTrade is not listed on any stock market, does not disclose its yearly report on its website. This is not terribly unusual for a broker, but you will want to check all of this out before you continue. Financial regulation is the most important thing to consider. Robinhood is not listed as a PLC.

AvaTrade is a popular well known financial trading platform serving over 400,000 customers.

Benefits of Robinhood and AvaTrade Compared

Below, we will give you a summary of the benefits Robinhood and AvaTrade offer side by side.

Robinhood offers a minimum deposit of 0 while AvaTrade have a 100 minimum deposit.

Why smaller trading deposits are good and how Robinhood and AvaTrade compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either Robinhood or AvaTrade. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. Robinhood requires a minimum deposit of 0, whereas AvaTrade mandates a minimum deposit of 100. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's Robinhood or AvaTrade, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

Robinhood allows traders to trade up to 5,000 financial instruments while AvaTrade have around 1,000 on their trading platform.

The more instruments available on Robinhood and AvaTrade trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of Robinhood or AvaTrade.

The Robinhood trading platform has 5,000 stocks listed while AvaTrade has 1,000 stocks listed.

Robinhood allows retail traders to trade the following assets Stocks, Commodities, Indices on the Robinhood Web Trader, Tablet & Mobile Apps, Apple App iOS, Android Google Play trading platforms.

Alternatively AvaTrade allows retail traders to trade Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading on the AvaTrade MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) trading platforms.

Compare Robinhood and AvaTrade in more detail below.

Drawbacks of Robinhood and AvaTrade Compared

Below we compare what drawbacks Robinhood and AvaTrade have side by side.

Various potential downsides can be associated with certain brokers, including Robinhood and AvaTrade. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by Robinhood compared to AvaTrade. High trading fees and commissions must be factored into your profit loss of each live trade. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of Robinhood versus AvaTrade.

Robinhood Vs AvaTrade Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with Robinhood or AvaTrade. A diversified portfolio with Robinhood or AvaTrade can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like Robinhood or AvaTrade, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as Robinhood and AvaTrade.

Robinhood Vs AvaTrade Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both Robinhood and AvaTrade, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both Robinhood and AvaTrade offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with Robinhood or AvaTrade is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with Robinhood or AvaTrade could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on Robinhood, AvaTrade, and all brokers are subject to regulation.

We compare Robinhood vs AvaTrade Crypto options below side by side.

Robinhood Vs AvaTrade Commission and Fees

knowing your trading and commission fees with Robinhood vs AvaTrade is extremely important. For the majority of the Robinhood 5,000 financial instruments and AvaTrade 1,000 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with Robinhood and AvaTrade. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with Robinhood and AvaTrade before you invest because you must know what you are paying.

You ideally want to choose a broker like Robinhood or AvaTrade that does not charge too much for withdrawal fees. High trading fees and commissions must be taken into your profit loss calculations. The fees will be noticeable if you have a low budget and do not intend to invest so much with Robinhood or AvaTrade. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential Robinhood and AvaTrade fees, of course. Make sure you do your research and check the commission and fees with both Robinhood and AvaTrade before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with Robinhood or AvaTrade be aware of or 3rd party payment provider fees and currency conversion fees.

Robinhood does not charge inactivity fees, while AvaTrade does charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant Robinhood and AvaTrade accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your Robinhood or AvaTrade account, or choose to close it.

Usually, the associated fees for dormant Robinhood or AvaTrade accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live Robinhood or AvaTrade trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like Robinhood or AvaTrade you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay Robinhood or AvaTrade nothing for this. If this is the case, it can be a big problem. Constant deposit fees can potentially add up, so this will take some consideration before you sign up.

Let's see how Robinhood vs AvaTrade compare side by side for commissions and fees.

Robinhood Vs AvaTrade Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the Robinhood and AvaTrade platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an Robinhood or AvaTrade demo account.

Robinhood Vs AvaTrade Mobile Trading

Trading on your mobile with Robinhood and AvaTrade can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and Robinhood and AvaTrade mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with Robinhood or AvaTrade. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with Robinhood or AvaTrade can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with Robinhood or AvaTrade is essential. Likewise, if you have an android phone, it's crucial to verify if Robinhood or AvaTrade broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if Robinhood and AvaTrade have trading apps compatible with your device.

Robinhood Vs AvaTrade Trading Account Types Offered

Robinhood Vs AvaTrade Demo Account

A demo account with Robinhood or AvaTrade is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an Robinhood and AvaTrade demo account.

Robinhood Vs AvaTrade Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if Robinhood or AvaTrade offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

Both Robinhood and AvaTrade do offer Micro accounts.

Robinhood Vs AvaTrade Standard Account

A standard account is available on Robinhood and AvaTrade to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Robinhood does not offer clients Standard accounts, while AvaTrade does offer clients Standard accounts.

Robinhood Vs AvaTrade MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with Robinhood or AvaTrade or alternative.

Robinhood does not offer clients MAM accounts, while AvaTrade does offer clients MAM accounts.

Robinhood Vs AvaTrade ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with Robinhood or AvaTrade or alternative.

Robinhood and AvaTrade do not offer clients ECN accounts.

Robinhood Vs AvaTrade Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with Robinhood or AvaTrade or alternative.

Robinhood and AvaTrade do not offer clients Islamic accounts.

Robinhood Vs AvaTrade STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with Robinhood or AvaTrade or alternative.

Robinhood and AvaTrade do not offer clients STP accounts.

Robinhood Vs AvaTrade Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

Both Robinhood and AvaTrade do not offer clients Managed accounts.

Robinhood Vs AvaTrade Withdrawal and Funding Methods

Robinhood and AvaTrade have multiple deposit and withdrawal options. Funding and withdrawing from your Robinhood and AvaTrade accounts to your chosen payment method should be straightforward. Lets see how Robinhood and AvaTrade compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from Robinhood or AvaTrade.

Robinhood Vs AvaTrade Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of Robinhood or AvaTrade support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the Robinhood and AvaTrade support is always available when needed. Robinhood and AvaTrade customer support is not just useful. broker customer support is crucial to your trading success!

Robinhood Vs AvaTrade Live Chat

Live chat is important for several reasons. When you encounter a problem with Robinhood or AvaTrade trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Both Robinhood and AvaTrade offer livechat support.

Robinhood Vs AvaTrade Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either Robinhood or AvaTrade you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the Robinhood or AvaTrade support team to answer satisfactorily. Email support with Robinhood and AvaTrade will be needed.

Both Robinhood and AvaTrade offer email support.

Robinhood Vs AvaTrade Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either Robinhood or AvaTrade. We can get straight to the point, saving us time and frustration.

Both Robinhood and AvaTrade offer phone support.

Lets see how Robinhood and AvaTrade customer support compare side by side.

Robinhood Vs AvaTrade Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether Robinhood and AvaTrade are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that Robinhood or AvaTrade have these in place, please be extremely cautious before you proceed with them.

We compare Robinhood Vs AvaTrade financial regulation and licensing side by side below.

Robinhood Vs AvaTrade Education Resources Compared

We compare Robinhood and AvaTrade educational resources below.

Robinhood Vs AvaTrade Risk Management Features

When trading with either Robinhood or AvaTrade you will want to understand and make full use of all the risk management features on your Robinhood or AvaTrade trading platforms.

We compare side by side the trading risk management features offered by Robinhood and AvaTrade below.

Robinhood Vs AvaTrade Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

Both Robinhood and AvaTrade do offer clients hedging.

Robinhood Vs AvaTrade Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both Robinhood and AvaTrade do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on Robinhood or AvaTrade. You must still monitor any live trades and your financial exposure and financial risk.

Robinhood Vs AvaTrade Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both Robinhood and AvaTrade do offer clients limit orders.

Robinhood Vs AvaTrade Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

Both Robinhood and AvaTrade do offer clients negative balance protection.

Robinhood Vs AvaTrade Verdict

We hope this Robinhood Vs AvaTrade guide has helped you decide who is best to trade with out of Robinhood and AvaTrade.

When choosing a broker like Robinhood or AvaTrade for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with Robinhood or AvaTrade are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as Robinhood or AvaTrade, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with Robinhood or AvaTrade.

Also, before you sign up with online brokers like Robinhood or AvaTrade, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with Robinhood or AvaTrade before investing money into something.

Beware of the risks that come with trading with Robinhood or AvaTrade. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all Robinhood and AvaTrade educational resources and financial research tools. If you are new to trading, sign up for a demo account with Robinhood and AvaTrade to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using Robinhood or AvaTrade will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if Robinhood and AvaTrade fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with Robinhood or AvaTrade if your investment strategy is more long-term.

Robinhood and AvaTrade Alternatives

If Robinhood and AvaTrade are not what you are not quite what you are looking for we list some of the best Robinhood and AvaTrade alternatives below.

Other Robinhood and AvaTrade Vs Comparisons

If you are still looking for an alternative to Robinhood and AvaTrade and want to see how Robinhood or AvaTrade compares Vs other brokers check out the Robinhood Vs and AvaTrade Vs list below.

Robinhood Vs Alternatives

Still not happy have a look at some of our alternative Robinhood Vs side by side comparisons below

• Robinhood vs IC Markets
• Robinhood vs Roboforex
• Robinhood vs eToro
• Robinhood vs XTB
• Robinhood vs XM
• Robinhood vs Pepperstone
• Robinhood vs AvaTrade
• Robinhood vs FP Markets
• Robinhood vs easyMarkets
• Robinhood vs SpreadEx

AvaTrade Vs Alternatives

Still not happy have a look at some of our alternative Robinhood Vs side by side comparisons below

• AvaTrade vs IC Markets
• AvaTrade vs Roboforex
• AvaTrade vs eToro
• AvaTrade vs XTB
• AvaTrade vs XM
• AvaTrade vs Pepperstone
• AvaTrade vs FP Markets
• AvaTrade vs easyMarkets
• AvaTrade vs SpreadEx
• AvaTrade vs FxPro

Robinhood Vs AvaTrade Frequently Asked Questions

We answer some of the most frequently asked Robinhood Vs AvaTrade questions below.

Is Robinhood any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is Robinhood legit? - Robinhood are regulated by Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Financial Conduct Authority (FCA)(828790), Australian Securities and Investments Commission (ASIC)(001282393), Financial Services Agency (FSA) Japan, Canadian Securities Administrators (CSA), Financial Market Authority (FMA) New Zealand and have been in business since 2013

Is AvaTrade any Good?

AvaTrade are regulated by 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) and have been in business since 2006.

Which is better Robinhood or AvaTrade?

Robinhood does not have a high rating, while AvaTrade does not have a high rating.

Is Robinhood a con?

Robinhood is regulated by Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Financial Conduct Authority (FCA)(828790), Australian Securities and Investments Commission (ASIC)(001282393), Financial Services Agency (FSA) Japan, Canadian Securities Administrators (CSA), Financial Market Authority (FMA) New Zealand and have been in business since 2013. Robinhood is most definitely not a con as they are regulated by major financial regulators.

Is AvaTrade a con?

AvaTrade is regulated by 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) and have been in business since 2006. We recommend looking at a AvaTrade alternative that has more financial regulation.

What happens if Robinhood or AvaTrade go bust?

Robinhood and AvaTrade are regulated, which means that as part of their regulatory obligations Robinhood and AvaTrade have to offer a certain level of financial protection to their clients. Robinhood and AvaTrade should by law keep client funds separate from Robinhood and AvaTrade funds. If either Robinhood or AvaTrade goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the Robinhood and AvaTrade websites and regulators.

Are Robinhood or AvaTrade good for beginners?

Robinhood and AvaTrade offer low deposits and access to a selection of market insights and news resources. Both Robinhood and AvaTrade offer demo accounts. Demo trading accounts are a big plus for Robinhood and AvaTrade as it shows they are interested in their customers.