Robinhood vs Moomoo
Robinhood | Moomoo |
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0.9
Robinhood is #35 in our broker rankings.
We do not recommend trading with Robinhood. Their business practices have harmed traders and their "free" trading offer has been criticized for actually costing their traders millions of dollars.
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3.8
Moomoo is #9 in our broker rankings. |
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Robinhood is a stock broker and financial services firm based in California. The broker offers commission-free stocks, cryptos and ETFs, plus other products such as cash cards and retirement accounts. Despite its robust regulation, Robinhood has been involved in numerous scandals and security breaches since 2020. We urge investors to exercise caution. |
Moomoo is an SEC-regulated app-based investment platform that offers a straightforward and affordable way to invest in Chinese, Hong Kong, Singaporean, Australian and US stocks, ETFs and other assets. Margin trading is available and the brand offers a zero-deposit account as well as several bonuses. |
Customer Reviews | |
1
Based on 1 Robinhood customer reviews
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3.5
Based on 2 Moomoo customer reviews
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Bonus Offer | |
Get up to 15 free stocks worth up to $2000 | |
Promotions | |
Comment by Reviewer | |
"Robinhood is aimed at traders looking for stocks and crypto investing opportunities with additional perks. However, the brokerage's recent business practices mean the brand isn't a good option if you want a reliable and trustworthy broker." | "Moomoo remains an excellent choice for new and intermediate stock traders who want to build a diverse investment portfolio. What really stands out is the broker's user-friendly app and the low trading fees." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Stocks, ETFs, ADRs, Options, Crypto | Stocks, Options, ETFs, ADRs, OTCs |
Demo Account | |
No | Yes |
Minimum Deposit | |
$0 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$1 | $0 |
Regulator | |
SEC, FCA | SEC, FINRA, MAS, ASIC, SFC |
Margin Trading | |
No | Yes |
Margin Rate | |
2.5% | 6.8 |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
iOS & Android | Yes (iOS & Android) |
Android App Rating | |
3.3 |
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iOS App Rating | |
4.6 |
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Auto Trading | |
No | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
None | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | $0 |
Islamic Account | |
No | No |
Account Currencies | |
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Stock Exchanges | |
Cryptocurrency | |
Access 18 crypto assets through the Robinhood app with no commission fees, including access to Bitcoin. On the negative side, the selection is not as wide as other brands and security is weak. | Crypto trading not offered |
Spread | |
0% | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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