Comparison Robinhood vs XTB
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Robinhood vs XTB. Which of them: Robinhood or XTB 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 XTB has a commission fee of from 0.3 pips. 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, Crypto Trading are provided by XTB. Concerning the platforms, Robinhood uses Web Platform, Android App, iOS App, while XTB uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, 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 USA, and it is regulated by SEC, FINRA. And XTB was established in 2002 in United Kingdom, and it is regulated by FCA, IFSC, KNF, CNMV and CMB. Withdrawal of funds from Robinhood can be done using Bank Wire with a withdrawal fee of free. And XTB provides the ability to withdraw funds using Bank Wire with a withdrawal fee of free. The time for withdrawal in Robinhood is 5 days trading holding period for uninvested funds, and that one in XTB is n/A.
As a result, the rating of Robinhood is 3.4 stars versus that of XTB of 4.3 stars.