Comparison Pepperstone vs Robinhood
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Pepperstone vs Robinhood. Is Pepperstone or Robinhood a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of Pepperstone on regular transactions of the stock exchange is from 0.4 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 Pepperstone and Stocks Trading, Options Trading, ETFs Trading, Crypto Trading are provided by Robinhood. Concerning the platforms, Pepperstone uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, Android App, iOS App, while Robinhood uses 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. Pepperstone was founded in 2010 in Australia, and it is regulated by ASIC, FCA. And Robinhood was founded in 2013 in USA, and it is regulated by SEC, FINRA. We can withdraw funds from Pepperstone with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. 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 Pepperstone is 3 - 5 business days, and that one in Robinhood is 5 days trading holding period for uninvested funds.
Overall, Pepperstone boasts 4.6 stars versus Robinhood 3.4 stars.