Updated September 29, 2026 · BrokerCue Editorial Team
FOREX.com vs Robinhood
FOREX.com vs Robinhood: the differences
| Compare | ||
|---|---|---|
| Minimum deposit | $100 | $0Lower |
| Markets | Forex, CFDs, Crypto | Stocks, ETFs, Options, Futures, Crypto |
| Regulators | FCA, NFA/CFTC, ASIC | Bank of Lithuania (LSC), LT BL, SIPC |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Stock trade fee | Not confirmed | $0 |
| Account fee | Not confirmed | $0 |
| Inactivity fee | Not confirmed | $0 |
| Retail accounts that lose money | 74% | Not confirmed |
| EUR/USD spread | 1.2% | Not confirmed |
| Margin rate | Not confirmed | 3.95% |
| Options contract fee | Not confirmed | $0 |
| Deposit and withdrawal fees | Not confirmed | $100 outgoing transfer |
| Platforms | Not confirmed | Robinhood app, Robinhood Legend |
| 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 9.1.
- Regulators: only FOREX.com offers FCA, NFA/CFTC, ASIC.
- Regulators: only Robinhood offers Bank of Lithuania (LSC), LT BL, SIPC.
- FOREX.com is licensed in 1 more country.
- Minimum deposit is lower at Robinhood: $0 vs $100.
- Markets: only FOREX.com offers Forex, CFDs.
- Markets: only Robinhood offers Stocks, ETFs, Options.
- Features: only FOREX.com offers Demo account.
- Features: only Robinhood offers Fractional shares, Options, Futures.
- Pricing model: only Robinhood offers Low fees.
Our verdict on each
FOREX.com
FOREX.com suits UK retail traders who want one commission-free account covering forex, CFDs and crypto under a named UK regulator. The trade-off is the price of entry: a $100 minimum deposit sits well above the €4.64 median across the brands compared here.
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 | FOREX.com | Robinhood |
|---|---|---|
| Cost | 8.3Commission-free pricing with a 1.2% EUR/USD spread, though the $100 minimum deposit is steep against the €4.64 site median. | 9.6HigherStock trades cost $0, options contracts $0, the account fee is $0 and inactivity is $0. |
| Offer | 8.8 | 9.3Higher |
| Trust | 9.8Higher | 9.3 |
Pick FOREX.com if, pick Robinhood if
Pick FOREX.com if trust matter most.
Pick Robinhood if cost, offer, and minimum deposit matter most.
Side by side, item by item
| Markets | FOREX.com | Robinhood |
|---|---|---|
| Stocks | No | Yes |
| ETFs | No | Yes |
| Forex | Yes | No |
| CFDs | Yes | No |
| Options | No | Yes |
| Futures | No | Yes |
| Crypto | Yes | Yes |
Availability and regulation
| Country | FOREX.com | Robinhood |
|---|---|---|
| United States | SIPC SIPC member 69916 | |
| Australia | Not confirmed | |
| Lithuania | Not confirmed | Bank of Lithuania (LSC) MiCA CASP 254900GTP4UXQO1UMI36 LT_BL PSD_PI 306377915 |
| United Kingdom | Not confirmed |
Where these facts come from
FOREX.com
- compareforexbrokers.com: 8 facts, checked September 26, 2026
Robinhood
- finder.com: 7 facts, checked September 26, 2026
- esma.europa.eu: 4 facts, checked September 26, 2026
- mymillennialguide.com: 4 facts, checked September 26, 2026
- financer.com: 2 facts, checked September 26, 2026
- robinhood.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | FOREX.com | Robinhood |
|---|---|---|
| Features | Crypto, Demo account, Mobile app | Crypto, Fractional shares, Options, Futures, Mobile app |
| Pricing model | Commission free | Commission free, Low feesCovers more |
| Audience | Not confirmed | Beginners, Day traders |
| Legal entity | Not confirmed | Robinhood Europe UAB |
| Headquarters | Not confirmed | Lithuania |
| Founded | Not confirmed | 2013 |
Where each stands against the rest
| Fact | FOREX.com | Robinhood | Median |
|---|---|---|---|
| Minimum deposit | $100above the median | $0below the median | $25 |
| Stock trade fee | Not confirmed | $0at the median | $0 |
| Account fee | Not confirmed | $0at the median | $0 |
| Inactivity fee | Not confirmed | $0at the median | $0 |
| Retail accounts that lose money | 74%above the median | Not confirmed | 72.05% |
| EUR/USD spread | 1.2%highest quarter | Not confirmed | 0.65% |
Median across 134 listed brokers.
Pros and cons
FOREX.com
Pros
- Commission-free pricing means the 1.2% EUR/USD spread is the cost you can actually see before you trade
- Regulated in the UK by the FCA, in the US by the NFA/CFTC and in Australia by the ASIC
- UK clients have investor protection of FSCS up to GBP 85,000 behind the firm
Cons
- The $100 minimum deposit sits above $0 at CFI and $5 at Vantage, so entry is the main hurdle
- Retail accounts lose money at 74%, above the 70.15% median for the brands compared here
- The range stops at forex, CFDs and crypto, without the shares, ETFs and futures that appear in stocks, etfs and forex
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
FOREX.com
Who it suits
- UK retail traders who want one commission-free account across forex, CFDs and crypto
- Traders who want a demo account to size up the platform before funding the $100 deposit
- People who put weight on a named UK regulator and FSCS up to GBP 85,000
Who should look elsewhere
- Anyone starting with a small sum, since CFI takes $0 and Vantage $5 against a $100 entry here
- Share and ETF investors, because eToro's range runs to stocks, etfs and forex
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
FOREX.com
What does it cost to trade forex on FOREX.com?+
Pricing is commission-free, so the cost sits in the spread rather than a separate deal charge. The euro against the dollar carries a spread of 1.2%, and that figure is the one to watch if you trade often or in size. The commission-free model runs across the account, not on one pair alone.
How much do I need to deposit to open an account?+
The minimum deposit is $100. That is a clear step up from the €4.64 median across the brands compared here, and well above $0 at CFI and $5 at Vantage. Plan the funding before you open, because the threshold applies at the account level.
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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