Comparison Robinhood vs Trading 212
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Robinhood vs Trading 212. Is Robinhood or Trading 212 a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of Robinhood on regular transactions of the stock exchange is commission-free, and Trading 212 has a commission fee of 0. 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, Options Trading, ETFs Trading, Crypto Trading are provided to customers by Robinhood and Stocks Trading, ETFs Trading, Forex Trading are provided by Trading 212. As for platforms, Robinhood offers Web Platform, Android App, iOS App, while Trading 212 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. Robinhood was established in 2013 in United States, and it is regulated by SEC, FINRA. And Trading 212 was established in 2004 in Bulgaria, and it is regulated by FCA, FSC. We can withdraw funds from Robinhood with the help of Bank Wire, and its withdrawal fee is free. And Trading 212 provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is 0. The withdrawal time for Robinhood is 5 days trading holding period for uninvested funds, and that one for Trading 212 is 0-5 days.
Overall, Robinhood boasts 3.4 stars versus Trading 212 4.3 stars.