Updated October 17, 2026 · BrokerCue Editorial Team
AGORA direct™ vs Robinhood
AGORA direct™
Robinhood
Higher score in this comparison
What sets them apart
| Compare | AGORA direct™ReviewVisitVisit | RobinhoodReviewVisitVisit |
|---|---|---|
| Minimum deposit | €0 | $0 |
| Account fee | €0 | $0 |
| Markets | Stocks, ETFs, Options, Futures, CFDs, Crypto, Bonds, Funds, Forex, MetalsCovers more | Stocks, ETFs, Options, Futures, Crypto |
| Platforms | Google Play, App Store | Robinhood app, Robinhood Legend |
| Stock trade fee | Not confirmed | $0 |
| Inactivity fee | Not confirmed | $0 |
| Regulators | Not confirmed | Bank of Lithuania (LSC), LT BL, SIPC |
| Investor protection | Not confirmed | EU ICS up to EUR 20,000 |
| Margin rate | Not confirmed | 3.95% |
| Options contract fee | Not confirmed | $0 |
| Deposit and withdrawal fees | Not confirmed | $100 outgoing transfer |
| Account types | Not confirmed | IRA, Roth IRA, Joint |
| Maximum retail leverage | Not confirmed | 10X |
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Key differences
- Robinhood scores higher overall: 9.4 vs 9.3.
- Founded is lower at AGORA direct™: 1999 vs 2013.
- Markets: only AGORA direct™ offers CFDs, Bonds, Funds.
- Platforms: only AGORA direct™ offers Google Play, App Store.
- Platforms: only Robinhood offers Robinhood app, Robinhood Legend.
- Features: only AGORA direct™ offers Demo account.
- Features: only Robinhood offers Crypto, Options, Futures.
- Pricing model: only Robinhood offers Commission free.
- Audience: only AGORA direct™ offers Experienced.
- Audience: only Robinhood offers Day traders.
Our verdict on each
AGORA direct™
For self-directed investors wanting broad global coverage, AGORA direct offers access to more than 150 exchanges through one German online broker. It combines shares, ETFs, futures, options and savings plans with activity in 27 currencies for long-term and active strategies.
Robinhood
Robinhood suits first-time investors and small, regular investors who want nothing charged for holding or trading. It is the cheapest way in on our data, with a minimum deposit of $0, no account fee and no inactivity charge, under the Bank of Lithuania and SIPC.
Score breakdown
| Area | AGORA direct™ | Robinhood |
|---|---|---|
| Cost | 9.5 | 9.6HigherStock trades cost $0, options contracts $0, the account fee is $0 and inactivity is $0. |
| Offer | 9.2 | 9.3Higher |
| Trust | 9.3 | 9.3 |
Positions in our rankings
| Ranking | AGORA direct™ | Robinhood |
|---|---|---|
| Stock and ETF brokers | 15 of 474 | 14 of 474 |
| Options trading platforms | 2 of 103 | 1 of 103 |
| Futures trading platforms | 5 of 85 | 4 of 85 |
| Brokers for beginners | 7 of 90 | 6 of 90 |
Where each is licensed and available
| Country | AGORA direct™ | Robinhood |
|---|---|---|
| Lithuania | Not confirmed | Bank of Lithuania (LSC) MiCA CASP 254900GTP4UXQO1UMI36 LT_BL PSD_PI 306377915 |
| United States | Not confirmed | SIPC SIPC member 69916 |
Every fact side by side
| Fact | AGORA direct™ | Robinhood |
|---|---|---|
| Features | Fractional shares, Mobile app, Demo account | Crypto, Fractional shares, Options, Futures, Mobile app |
| Pricing model | Low fees | Commission free, Low feesCovers more |
| Audience | Beginners, Experienced | Beginners, Day traders |
| Legal entity | First Quant GmbH | Robinhood Europe UAB |
| Headquarters | Germany | Lithuania |
| Founded | 1999Lower | 2013 |
| Support channels | Phone | Not confirmed |
Where each stands against the rest
| Fact | AGORA direct™ | Robinhood | Median |
|---|---|---|---|
| Stock trade fee | Not confirmed | $0at the median | $0 |
| Inactivity fee | Not confirmed | $0at the median | $0 |
| Margin rate | Not confirmed | 3.95%lowest quarter | 8.75% |
| Options contract fee | Not confirmed | $0lowest quarter | $0.625 |
Median across 92 listed brokers.
Pros and cons
AGORA direct™
Pros
- Access to more than 150 exchanges supports varied strategies from savings plans to futures
- More than 33 options venues worldwide provide broad scope for options traders
- Physical precious metals and crypto linked instruments sit alongside shares and ETFs
Cons
- Online broker structure provides digital access without a branch network for in person visits
- Wide derivatives selection creates complexity for investors wanting simple share dealing only
Robinhood
Pros
- Nothing to pay to open or hold an account, with an account fee of $0 and an inactivity fee of $0
- Trading a share costs $0, so a small first order is not eaten by commission
- You can start with a deposit of $0, lower than most brands on our data
Cons
- Leverage is available at 10X, which magnifies losses as well as gains
- Outgoing transfers carry a charge of $100 outgoing transfer
- Margin borrowing is priced at a margin rate of 3.95%, so interest adds to your cost
Who each suits
AGORA direct™
Who it suits
- Beginners and experienced traders building independently
- Investors seeking regular savings plans and global diversification
Who should look elsewhere
- Investors seeking managed portfolios with delegated decisions
Robinhood
Who it suits
- Beginners opening a first account with a small deposit
- Day-traders working in options, futures and crypto on mobile
- Retirement investors using an IRA, Roth IRA or joint account
Who should look elsewhere
- Vantage if a flat minimum deposit of $5 suits you better
- CFI if you want forex and CFDs alongside shares, since its markets cover stocks, etfs and forex
- eToro if social copy trading matters more than options and futures
Questions about each
AGORA direct™
Which products does AGORA direct cover?+
You can use shares, ETFs, futures, options, warrants and certificates as well as currency pairs. The range also includes physical precious metals and crypto linked instruments through futures, ETPs and certificates. Savings plans support regular long-term investing alongside active strategies.
Where is AGORA direct based and which company operates it?+
AGORA direct is a brand of First Quant GmbH and it is based in Berlin. The business has operated as a German online broker since 1999. It presents more than 25 years of activity in the brokerage market.
Robinhood
What does it cost to trade shares on Robinhood?+
Trading a share costs $0, and an options contract costs $0. There is also an account fee of $0 and an inactivity fee of $0, so nothing is taken for simply holding the account open. Borrowing on margin is charged at a margin rate of 3.95%, which is the main running cost if you use leverage.
Is there a minimum deposit to open a Robinhood account?+
The minimum deposit is $0, so you can open an account and place a small first order without funding a large balance. It is worth comparing that with the deposits other brands ask for before you commit, since the figure varies widely across the market. Outgoing transfers are charged at $100 outgoing transfer, so factor that in if you plan to move money out early.
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