MetaTrader vs Robinhood

Struggling to choose between MetaTrader and Robinhood? Both products offer unique advantages, making it a tough decision.

MetaTrader is a Finance solution with tags like forex, stocks, technical-analysis, charting.

It boasts features such as Advanced charting tools, Algorithmic trading, Backtesting capabilities, Expert Advisors (EAs), Virtual Private Servers (VPS) and pros including User-friendly interface, Wide range of technical indicators, Supports automated trading, Available on desktop, web, and mobile.

On the other hand, Robinhood is a Business & Commerce product tagged with stocks, cryptocurrency, mobile, free, novice-investors.

Its standout features include Commission-free trading of stocks, ETFs, options and cryptocurrencies, Fractional share investing, Intuitive mobile app interface, Research tools like analyst ratings and price targets, Cash management account with debit card, and it shines with pros like No trade commissions or account minimums, Easy to use interface good for beginners, Fractional shares allow investing small amounts, Large selection of assets to trade.

Feature	MetaTrader	Robinhood
Overall Score	N/A	N/A
Primary Category	Finance	Business & Commerce

Product Overview

MetaTrader

Description: MetaTrader is a popular trading platform used for online trading in the forex, CFDs, futures, and stock markets. It offers advanced charting tools, backtesting capabilities, algorithmic trading, Virtual Private Servers (VPS), and Expert Advisors (EAs).

Robinhood

Description: Robinhood is a popular free stock trading app that allows users to buy and sell stocks, ETFs, options and cryptocurrencies with no commissions or fees. It has an easy-to-use mobile interface aimed at novice investors.

Key Features Comparison

MetaTrader Features

• Advanced charting tools
• Algorithmic trading
• Backtesting capabilities
• Expert Advisors (EAs)
• Virtual Private Servers (VPS)

Robinhood Features

• Commission-free trading of stocks, ETFs, options and cryptocurrencies
• Fractional share investing
• Intuitive mobile app interface
• Research tools like analyst ratings and price targets
• Cash management account with debit card

Pros & Cons Analysis

MetaTrader

Pros

• User-friendly interface
• Wide range of technical indicators
• Supports automated trading
• Available on desktop, web, and mobile

Cons

• Only works with brokers that support MetaTrader
• Limited customization options
• Less securities available compared to other platforms

Robinhood

Pros

• No trade commissions or account minimums
• Easy to use interface good for beginners
• Fractional shares allow investing small amounts
• Large selection of assets to trade

Cons

• No retirement accounts like IRAs offered
• Limited customer service and support
• Frequent outages during peak trading times
• Limited research and analysis tools compared to full-service brokers

Pricing Comparison

MetaTrader

• Free
• Subscription-Based

Robinhood

• Free