MetaTrader 5 vs. robinhood

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MetaTrader 5
Score 6.1 out of 10
N/A
Henyep Capital Markets (HYCM) & MetaTrade are FCA and CySEC-regulated market leader in providing online FX and CFD trading to retail and institutional investors. HYCM is part of the Henyep Group, an international conglomerate with business in financial services, property, education and charity spanning 20 countries across 3 continents.N/A
robinhood
Score 10.0 out of 10
N/A
Robinhood provides trading in stocks, ETFs and options is offered through Robinhood Financial LLC, member SIPC (sipc.org). Cryptocurrency trading is offered through Robinhood Crypto, LLC. Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services and is not a member of FINRA or SIPC. Cryptocurrencies are not stocks and your cryptocurrency investments are not products protected by either FDIC or SIPC.N/A
Pricing
MetaTrader 5robinhood
Editions & Modules
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Offerings
Pricing Offerings
MetaTrader 5robinhood
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsFixed---Fixed Spreads from 1.8 pips ("percentage in point")----No Commission/ Classic--Variable Spreads from 1.2 pips (percentage in point)--No Commission/ Raw--Raw Spreads from 0.2pips (percentage in point) + $4 per round/$0 on commissions--- pricing PDF schedule online.
More Pricing Information
Community Pulse
MetaTrader 5robinhood
Best Alternatives
MetaTrader 5robinhood
Small Businesses
Coinbase
Coinbase
Score 9.0 out of 10
Coinbase
Coinbase
Score 9.0 out of 10
Medium-sized Companies
Coinbase
Coinbase
Score 9.0 out of 10
Coinbase
Coinbase
Score 9.0 out of 10
Enterprises

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User Ratings
MetaTrader 5robinhood
Likelihood to Recommend
8.4
(0 ratings)
10.0
(0 ratings)
User Testimonials
MetaTrader 5robinhood
Likelihood to Recommend
Using it to generate the Trading and Investing signals with the integration for my trading strategies
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robinhood has been great for me as a first time investor using "play money" outside of my main 401K and retirement. It has options for purchasing partial shares, which means you don't have to purchase a full, even share in order to invest. I love to option to buy and sell crypto so easily. Crypto prices move quickly. I can set alerts when I want to get in and for when I want to get out. The availability of index funds also balance it well. I like reading the articles and morningstar ratings that provide direction on market sentiment, fair value and quick earnings results.
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Pros
  • forex trading
  • analysis and charts with better time intervals
  • better user interface
  • trading based on AI and algorithms
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Cons
  • support can be better
  • reachability is troublesome due to heavy user base
  • security is the biggest issue and lacks trust
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Alternatives Considered
1. Better in terms of investor accounting and investor reporting management. 2. Easy to use and setup and better in terms of decision making with algorithmic charts. 3. Better in terms of pricing overall a good and well recommended product to use for all sorts of trading and forex, hedge etc.
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Return on Investment
  • it helped in better decision making while forex trading
  • helped in clear understanding and easy guides on how to use this platform for trading
  • security and trust is the big negative for us, where anyone can claim wrong profits
  • overall it helped us in better returns on our investments, better than MT4
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ScreenShots