Comparison AvaTrade vs Robinhood
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AvaTrade vs Robinhood. Is AvaTrade or Robinhood a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of AvaTrade on regular transactions of the stock exchange is average 0.13%, and Robinhood has a commission fee of commission-free. Let’s analyze the commission fees on trading options. AvaTrade has a commission fee of spreads Vary, Robinhood has a commission fee of commission-free. You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are AvaTrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor, and Robinhood provides customers with Stocks Trading, Options Trading, ETFs Trading, Crypto Trading. As for platforms, AvaTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Robinhood offers Web Platform, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. AvaTrade was established in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And Robinhood was established in 2013 in USA, and it is regulated by SEC, FINRA. Withdrawal of funds from AvaTrade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And Robinhood provides the ability to withdraw funds using Bank Wire with a withdrawal fee of free. The time for withdrawal in AvaTrade is 1 - 2 business days, and that one in Robinhood is 5 days trading holding period for uninvested funds.
Overall, AvaTrade boasts 4.8 stars versus Robinhood 3.4 stars.