Comparison IFC Markets vs Robinhood
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare IFC Markets vs Robinhood. Which of them: IFC Markets or Robinhood a better online broker?
First of all, we’ll compare the commission fees of the two brokers. IFC Markets has a commission fee of from 0.1%, and Robinhood has a commission fee of commission-free. You can read more detailed information on commission fees in the online broker reviews.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by IFC Markets and Stocks Trading, Options Trading, ETFs Trading, Crypto Trading are provided by Robinhood. As for platforms, IFC Markets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, 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. IFC Markets was established in 2006 in British Virgin Islands, and it is regulated by BVI FSC. And Robinhood was established in 2013 in USA, and it is regulated by SEC, FINRA. We can withdraw funds from IFC Markets with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is fees vary. And Robinhood provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is free. The time for withdrawal in IFC Markets is 1 - 5 business days, and that one in Robinhood is 5 days trading holding period for uninvested funds.
Overall, IFC Markets boasts 4.8 stars versus Robinhood 3.4 stars.