Comparison Robinhood vs Vantage FX
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Robinhood vs Vantage FX. Is Robinhood or Vantage FX a better online broker?
First of all, we’ll compare the commission fees of the two brokers. 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 Robinhood provides customers with Stocks Trading, Options Trading, ETFs Trading, Crypto Trading, and Vantage FX provides customers with Forex Trading, Crypto Trading. Concerning the platforms, Robinhood uses Web Platform, Android App, iOS App, while Vantage FX uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, 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. Robinhood was established in 2013 in USA, and it is regulated by SEC, FINRA. And Vantage FX was established in 2009 in Australia, and it is regulated by ASIC. Withdrawal of funds from Robinhood can be done using Bank Wire with a withdrawal fee of free. And Vantage FX provides the ability to withdraw funds using Bank Wire, Visa/Mastercard 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 Vantage FX is 3 - 10 business days.
Overall, Robinhood boasts 3.4 stars versus Vantage FX 4.9 stars.