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Broker Comparison

Freetrade vs Robinhood

Compare Freetrade and Robinhood side by side: fees, regulation, platforms.

Freetrade

Freetrade

Low-cost long-term investors

Freetrade is an investing platform with ยฃ0 dealing commissions, free ISA and SIPP access, stocks, ETFs, fundsโ€ฆ

VS
Robinhood

Robinhood

Crypto users and derivative stock-token traders

Robinhood combines stock tokens, crypto, staking, wallet services, and crypto perpetual futures under a Bank โ€ฆ

Head-to-head comparison

Freetrade vs Robinhood
Feature Freetrade Robinhood
Minimum deposit โ€” โ€”
Stock trading fee ยฃ0 dealing commission per trade โ€”
Regulators FCA BOL
Best for Low-cost long-term investors Crypto users and derivative stock-token traders
Markets & account
Stocks
ETFs
Crypto
Bonds
โ€”
Futures
โ€”
Funds
โ€”
Fractional Shares
โ€”
Ready Made Portfolios
โ€”
Isa
โ€”
Sipp
โ€”
Margin
โ€”

Pros & cons

Freetrade

Freetrade

Pros

  • ยฃ0 dealing commission per trade
  • Basic plan has no monthly subscription fee
  • ISA and SIPP available on the ยฃ0 Basic plan
  • FX fees fall from 0.99% to 0.39% on Plus
  • US fractional shares support smaller orders
  • Cash earns 1% to 3.5% AER on plan-based limits
  • Recurring, limit and stop-loss orders are available
  • Eligible cash protection is listed up to ยฃ120,000

Cons

  • Basic FX fee is 0.99% on non-GBP trades
  • Standard costs ยฃ5.99 per month when billed monthly
  • Plus costs ยฃ11.99 per month when billed monthly
  • Fractional share elements cannot be transferred
  • Direct Debit cash is not usually withdrawable for 3 working days
  • Crypto ETNs are not protected by FSCS
  • Treasuries cannot be sold before maturity
  • Cash additions must be in pounds sterling
Robinhood

Robinhood

Pros

  • 0.1% FX fee covers stock-token orders
  • Stock-token investing starts from โ‚ฌ1
  • Stock tokens trade from Monday 2 AM to Saturday 2 AM CET/CEST
  • Crypto transfers have no Robinhood fee
  • ETH and SOL staking starts from $1 in crypto
  • Perpetual futures include take-profit and stop-loss orders

Cons

  • Stock tokens give no rights to the underlying shares or ETPs
  • Stock tokens cannot be sent to other wallets or platforms
  • Stock tokens are not covered by deposit or investor protection
  • Crypto is not covered by any government compensation scheme
  • Crypto transfers may still incur network fees
  • Self-custody wallet is not FDIC insured or SIPC protected
  • Perpetual futures have eligibility requirements
  • Stock-token orders carry a 0.1% FX fee per order
Freetrade

Freetrade

Freetrade is an investing platform with ยฃ0 dealing commissions, free ISA and SIPP access, stocks, ETFs, funds, gilts, ready-made portfolios and Crypto ETNs.

Your capital is at risk. Other fees apply.

Robinhood

Robinhood

Robinhood combines stock tokens, crypto, staking, wallet services, and crypto perpetual futures under a Bank of Lithuania-regulated European entity.

Your capital is at risk. Other fees apply.

Not the right match?

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