Robinhood is not available in South Africa.
Can I Buy Equities In The United States From South Africa?
Many internet trading platforms now allow South African investors to purchase and sell shares in the United States and other overseas markets for less than R100 in brokerage costs each deal. Some even do away with the brokerage charge entirely. However, not all South African trading applications provide US equities.
In Which Countries Is Robinhood Available?
The account-holder criteria for Robinhood make it clear that the service is only available in the United States: you must be 18 years old or older. A valid Social Security Number is required. You must be a US citizen, a permanent resident of the United States, or have a valid US visa.
Which Is Preferable, Robinhood Or Etoro?
Bottom line: Because it provides more assets, including automated investment choices like CopyPortfolios and the CopyTraderTM methodology, eToro is the greatest choice for crypto-focused and community-oriented traders. Robinhood, on the other hand, is best suited to aggressive traders and options traders who appreciate cheap fees and simplicity.
Which South African Investing Platform Is The Best?
As the greatest online trading platform in South Africa, we recommend Interactive Brokers. Interactive Brokers was created in 1993, and its trading platform provides access to 150 worldwide marketplaces for shares, options, currencies, futures, bonds, and funds.
Can You Make Money With Robinhood Stocks?
Trading with money that is not yours is extremely dangerous. If you borrow money and the share price rises, and you sell in time, you can make a lot of money. However, if you borrow money and the stock falls in value, or if you do not sell in time, the loss must be paid from your already depleted portfolio.
