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Comparison Olymp Trade vs Robinhood

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Olymp Trade vs Robinhood. Is Olymp Trade or Robinhood a better online broker?

First of all, we’ll compare the commission fees of the two brokers. Let’s analyze the commission fees on trading options. Olymp Trade has a commission fee of none, Robinhood has a commission fee of commission-free. The full online broker reviews contains more detailed information on the brokers’ commission fees.

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 Olymp Trade provides customers with Options Trading, and Robinhood provides customers with Stocks Trading, Options Trading, ETFs Trading, Crypto Trading. As for platforms, Olymp Trade offers Web Platform, Android App, iOS App, while Robinhood offers Web Platform, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Olymp Trade was founded in 2014 in St. Vincent and the Grenadines, and it is regulated by Not Regulated. And Robinhood was founded in 2013 in USA, and it is regulated by SEC, FINRA. Withdrawal of funds from Olymp Trade 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 withdrawal time for Olymp Trade is 1 - 5 business days, and that one for Robinhood is 5 days trading holding period for uninvested funds.

As a result, the rating of Olymp Trade is 4 stars versus that of Robinhood of 3.4 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
Olymp Trade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Robinhood
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Forex Spreads
CFDs
Cryptocurrency
Olymp Trade
Stock
N/A
ETFs
N/A
Options
N/A
Forex Spreads
Starts at 0 pips
CFDs
0 pips for ECN
Cryptocurrency
N/A
Robinhood
Stock
Commission-free
ETFs
Commission-free
Options
Commission-free
Forex Spreads
N/A
CFDs
N/A
Cryptocurrency
Commission-free

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Crypto Trading
Olymp Trade
Stocks Trading
Options Trading
ETFs Trading
Crypto Trading
Robinhood
Stocks Trading
Options Trading
ETFs Trading
Crypto Trading

Platforms

Platforms
Web Platform
Olymp Trade
Web Platform
Robinhood
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
Olymp Trade
Research & Analysis
Education
Demo account
Robinhood
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Olymp Trade
Android App
iOS App
Robinhood
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Olymp Trade
Minimum deposit
$10
Bank Wire
Visa/Mastercard
Robinhood
Minimum deposit
None
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
Olymp Trade
Bank Wire
Visa/Mastercard
Withdrawal Time
1 - 5 business days
Withdrawal Fee
Free
Robinhood
Bank Wire
Visa/Mastercard
Withdrawal Time
5 days trading holding period for uninvested funds
Withdrawal Fee
Free

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Olymp Trade
Сountry of Origin
St. Vincent and the Grenadines
Year Founded
2014
Regulated By
Not Regulated
Robinhood
Сountry of Origin
United States
Year Founded
2013
Regulated By
SEC, FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
Olymp Trade
Phone
+27 (21) 1003880
Email
support-en@olymptrade.com
Live Chat
No
Robinhood
Phone
No
Email
Yes
Live Chat
No

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