TradingCritique

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Robinhood vs Spreadex : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Robinhood

Robinhood

VS
Spreadex

Spreadex

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

STP

STP

Years of Existence / Established Year

2013

1999

Customer Base / Number of Accounts

24.2 M

60,000+ traders


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Regulation & Security

Regulations (governing bodies)

FINRA,SIPC, SEC

FCA

Awards Won (count for the last 2 years)

Future Trends Corporates Award -2024, Future Trends Leader Award- 2024

Best Spread Betting Broker - by Good Money Guide Awards 2024 Best Mobile Trading App 2024 - ADVFN International Financial Awards

Security Measures

SIPC, FDIC

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

No

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

5000+ trading instruments

10,000 trading assets

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

Yes

Yes

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

No

Futures

Yes

No

Bonds

No

Yes

Mutual Funds

No

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

No

Other Trading Platforms (proprietary, etc.)

Mobile, web trading, Desktop trading

Spreadex TradingView

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Margin, IRA, and cash account

Spread betting Financial trading

Demo Account (Yes/No)

No

No

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

€0

Leverage Available

2:1

30:1

Trade Limit (maximum per trade)

Depends on assets class

Varies by instrument

Commission (per account type)

$0

€2.50 per lot

Best Suited For (e.g., beginners, experienced traders)

Beginners

Only experienced


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Deposit & Withdrawal Options

Deposit Methods

ACH, Instant bank transfer, Debit card, Wire transfer

Easy Bank transfer UK Debit cards Credit card E-wallets

Withdrawal Methods

Instant bank transfer, Debit card, Standard bank transfer

Bank Transfer Credit / Debit Cards

Other E-Wallets Supported

No

Apple Pay


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Learning Tutorials, Webinars, Market news and insights, Support and community

Customisable platform 35+ technical indicators Price alerts


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Fees & Commissions

Trading-Related Fees

Exchange and regulatory fees: $55 per trade, with a maximum of $0.02, Margin fees: 5.75%

Spread starts from 0.6 pips

Spread (typical, fixed, variable)

NA

Variable

Per Lot Fees

NA

NA

Options Contract Fees

$0.01

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

0.50%

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

2:1

30:1


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Non-Trading Fees

Dormant Fees

$0

1 per month

Subscription Fees (for premium features, data feeds)

$5 per month

€0

Advisory Fees

NA

€0

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

$2 per month

€0

Account Opening Fee

$0

€0

Account Maintenance Fee

$0

€0

Deposit Fee

$0

€0

Currency Conversion Fee

0.03%

Info not available

Withdrawal Fee

Withdrawal : 1.75%, Bank transfers- 0, Outgoing wire transfer $25 Domestic overnight check delivery $20, ACATS, Outgoing $100

€0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

No

Customer Benefits (e.g., Retirement Plan)

Yes

No


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Trading Hours

Trading Hours (for each asset class if applicable)

8 PM ET Sunday until 8 PM ET Friday

Monday: 24 hours Tuesday: 24 hours Wednesday: 24 hours Thursday: 24 hours Friday: 00:00 to 21.15 Saturday: Closed Sunday: 21:00 to 00:00Out of Hours trading: US stock market between 2:30pm to 9pm


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

7 AM - 9 PM ET

7 days a week 8:00am to 5:30pm

Customer Support Methods (phone, email, live chat)

App chat 24/7 , Phone- 650-761-7789, Robinhood Crypto- 888-275-8523

Financial Desk: 08000 526 570 +44 (0) 727 895 151General Enquiries: +44 (0) 727 895 000E mail: [email protected]

Support Languages

1

1


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Additional Information

Headquarters Location

Menlo Park, California , U.S.

Churchill House, Upper, Marlborough Road, St Albans, Hertfordshire, AL1 3UU

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
If minimizing trading costs is your top priority, Robinhood might be more attractive due to its lower commissions. Meanwhile, Spreadex justifies its moderate fees with more robust tools and professional-grade features.
Robinhood offers a quick and paperless account setup that appeals to traders on the go, whereas Spreadex more involved onboarding process adds an extra layer of safety and regulatory checks.
Robinhood integrates well with algorithmic trading tools and third-party plugins. In contrast, Spreadex emphasizes educational content and built-in research features within its platform.
Advanced users will enjoy Robinhood capabilities, but Spreadex remains a favorite for its streamlined and beginner-centric approach.