Updated September 29, 2026 · BrokerCue Editorial Team
Axos Invest vs Robinhood
Where Axos Invest and Robinhood differ
| Compare | Axos Invest ReviewSee alternativesSee alternatives |  Robinhood |
|---|---|---|
| Markets | Stocks, ETFs, Options, Funds | Stocks, ETFs, Options, Futures, Crypto |
| Regulators | SIPC | Bank of Lithuania (LSC), LT BL, SIPCCovers more |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Options contract fee | $0.80 | $0Lower |
| Minimum deposit | Not confirmed | $0 |
| Account fee | Not confirmed | $0 |
| Inactivity fee | Not confirmed | $0 |
| Margin rate | Not confirmed | 3.95% |
| Deposit and withdrawal fees | Not confirmed | $100 outgoing transfer |
| Platforms | Not confirmed | Robinhood app, Robinhood Legend |
| Maximum retail leverage | Not confirmed | 10X |
Same on both: Stock trade fee ($0), Account types (Joint, Roth IRA, IRA).
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Key differences
- Robinhood scores higher overall: 9.4 vs 8.8.
- Regulators: only Robinhood offers Bank of Lithuania (LSC), LT BL.
- Robinhood is licensed in 1 more country.
- Options contract fee is lower at Robinhood: $0 vs $0.80.
- Markets: only Axos Invest offers Funds.
- Markets: only Robinhood offers Futures, Crypto.
- Features: only Robinhood offers Crypto, Fractional shares, Options.
- Pricing model: only Robinhood offers Low fees.
Our verdict on each
Axos Invest
Axos Invest suits US savers who want a managed ETF portfolio alongside self-directed trading in one account. It earns its place on protection, with SIPC up to USD 500,000, while the options contract fee of $0.80 is the cost to watch if you trade options often.
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 | Axos Invest | Robinhood |
|---|---|---|
| Cost | 8.7The $100 entry point sits above the €25 site median, and the ranking on minimum investment is 43 of 82. | 9.6HigherStock trades cost $0, options contracts $0, the account fee is $0 and inactivity is $0. |
| Offer | 8.9 | 9.3Higher |
| Trust | 8.7 | 9.3Higher |
Where each is licensed and available
| Country | Axos Invest | Robinhood |
|---|---|---|
| United States | SIPC SIPC member 69507 | SIPC SIPC member 69916 |
| Lithuania | Not confirmed | Bank of Lithuania (LSC) MiCA CASP 254900GTP4UXQO1UMI36 LT_BL PSD_PI 306377915 |
How they place
| Ranking | Axos Invest | Robinhood |
|---|---|---|
| Stock and ETF brokers | 172 of 471 | 14 of 471 |
| Options trading platforms | 59 of 103 | 1 of 103 |
Every fact side by side
| Fact | Axos Invest | Robinhood |
|---|---|---|
| Features | Mobile app | Crypto, Fractional shares, Options, Futures, Mobile appCovers more |
| Pricing model | Commission free | Commission free, Low feesCovers more |
| Audience | Not confirmed | Beginners, Day traders |
| Legal entity | AXOS INVEST LLC | Robinhood Europe UAB |
| Headquarters | Not confirmed | Lithuania |
| Founded | Not confirmed | 2013 |
| Support channels | Chat, Help centre | Not confirmed |
Where each stands against the rest
| Fact | Axos Invest | Robinhood | Median |
|---|---|---|---|
| Minimum deposit | Not confirmed | $0below the median | $25 |
| Stock trade fee | $0at the median | $0at the median | $0 |
| Account 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 | $0.80highest quarter | $0lowest quarter | $0.625 |
Median across 134 listed brokers.
Pros and cons
Axos Invest
Pros
- One platform covers the managed portfolio and self-directed dealing across stocks, etfs and options.
- The managed range is ETF based, listed as etf, so diversification comes from funds rather than hand-picked shares.
- A mobile app is included, listed under mobile app, for checking the portfolio away from a desktop.
Cons
- Support runs on chat and help centre only, so there is no phone line listed for account questions.
- Account choice stops at joint, roth ira and ira, so the wrappers offered by some rivals are not part of the platform.
- The managed entry point of $100 sits above the €25 site median, and options add $0.80 a contract on top.
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
Axos Invest
Who it suits
- US savers who want retirement wrappers, since the platform lists joint, roth ira and ira.
- Readers who keep trading costs down, since stock trades cost $0 and the pricing model is commission free.
- Couples investing together, since a joint account forms part of joint, roth ira and ira.
Who should look elsewhere
- Anyone who wants to begin with no outlay, since Acorns Checking asks $0.
- Readers who prefer a smaller euro ticket, since Vivid Standard opens at €2.
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
Country by country
| Country | Axos Invest | Robinhood |
|---|---|---|
| United States | Yes | No |
Questions about each
Axos Invest
What does it cost to trade stocks and options on Axos Invest?+
Axos Invest charges $0 for a stock trade on the self-directed side, and the pricing model is listed as commission free. Options carry a contract fee of $0.80, so a strategy leaning on options pays more per trade than one that only buys shares and funds.
How much do I need to start a managed portfolio?+
The managed portfolios start at $100, so a single transfer of that size opens the account. That is lighter than eToro, which asks $500 for its portfolios, and it leaves room to add money in stages rather than committing a large sum on day one.
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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