Comparison PaxForex vs Robinhood
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares PaxForex vs Robinhood. Is PaxForex or Robinhood a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of PaxForex on regular transactions of the stock exchange is spreads from 5 pips, and Robinhood has a commission fee of commission-free. The full online broker reviews contains more detailed information on the brokers’ commission fees.
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, Forex Trading, Crypto Trading are provided to customers by PaxForex and Stocks Trading, Options Trading, ETFs Trading, Crypto Trading are provided by Robinhood. As for platforms, PaxForex offers Desktop Platform (Windows), Desktop Platform (MacOS), 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. PaxForex was founded in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. And Robinhood was founded in 2013 in USA, and it is regulated by SEC, FINRA. We can withdraw funds from PaxForex with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is varies. 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 PaxForex is within 1 business day, and that one in Robinhood is 5 days trading holding period for uninvested funds.
Overall, PaxForex boasts 4 stars versus Robinhood 3.4 stars.