Robinhood Trade

Detailed information about Robinhood Trade

Robinhood Trade’s dealing center claims to have Estonian origins, with its main office located at City Plaza, Tartu maantee 2, 10145 Tallinn, Estonia. However, a different address in the United Kingdom is mentioned in the website’s footer: Clyde Offices 2nd Floor, 45 West George Street, Glasgow, United Kingdom, G2 1BP. The British office supposedly belongs to GLASGO LTD, the owner of Robinhood Trade.

No registration or licensing documentation is available on the website. There is no evidence of registration or any form of license displayed.

The robinhoodtrade.info resource is available in Russian. The main page looks like this.

Contact information: phone numbers +442039912588 and +74993509279, email [email protected], and a feedback form.

The broker’s launch date is kept secret, as is information about key individuals associated with it.

Robinhood Trade Trading Conditions

Robinhood Trade offers trading in the following assets:

• Indices.

• Futures.

• Bonds.

• Forex currency pairs.

To facilitate the trading process, clients are provided with various tools including:

• Informers. Exchange rate table, trading session schedule, market overview.

• Calendars. Interest rate calendar and economic calendar.

• Calculators. Position calculators, Forex calculators, and points calculators.

• Signals. Technical indicators to determine potential chart direction.

Real-life trading experiences using these tools are detailed in the Robinhoodtrade Info reviews.

Account types available are as follows:

• Standard. $250.

• Silver. $2500.

• Gold. $25000.

• Platinum. $100,000.

• Diamond. $500,000.

The broker offers a very high leverage. For the mentioned accounts, leverage sizes are 1:200, 1:300, 1:400, 1:500, and 1:1000 respectively. Analytical support is provided twice a week for Standard accounts, four times for Silver, and five times a week for Gold. Analytical support for Platinum and Diamond account holders is provided on an individual basis.

Descriptions of the trading conditions for each account end here. It is worth noting that some important conditions are missing, such as spread sizes not being specified anywhere.

Robinhood Trade claims to offer a “new quality” trading platform. Traders supposedly get a fully adaptive platform that helps them trade conveniently on financial markets every day.

According to the broker, both beginners and experienced clients can regularly use this service from anywhere in the world using any device. However, assessing the platform’s functionality without opening a real account is impossible.

Depositing and Withdrawing Funds from Robinhood Trade

There is almost no information available on depositing/withdrawing funds, not even a list of available payment methods. To learn anything about this, one needs to open the “Refund Policy” document. Bank cards and transfers are mentioned as payment methods, and it is also stated that any expenses, fees, and commissions related to refunding funds are to be covered by the client.

Conclusion

Due to the absence of registration documentation and a license, along with the lack of some important trading conditions and incomplete descriptions of deposit/withdrawal terms, caution should be exercised when dealing with this broker. It is advisable to carefully review real Robinhood Trade reviews before starting work to understand the opinions of former/current clients of the company. Additionally, seeking advice from an independent expert may be necessary.