Updated September 29, 2026 · BrokerCue Editorial Team
FXTM vs Robinhood
Where FXTM and Robinhood differ
| Compare | FXTM ReviewSee alternativesSee alternatives |  Robinhood |
|---|---|---|
| Minimum deposit | $10 | $0Lower |
| Inactivity fee | $5 | $0Lower |
| Markets | Stocks, ETFs, Forex, CFDs, Futures, Crypto, Bonds, Metals | Stocks, ETFs, Options, Futures, Crypto |
| Regulators | FCA, CySEC | Bank of Lithuania (LSC), LT BL, SIPC |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Deposit and withdrawal fees | No deposit fees; withdrawal fees vary by method | $100 outgoing transfer |
| Platforms | Desktop, Mobile App, MetaTrader 4, MetaTrader 5 | Robinhood app, Robinhood Legend |
| Maximum retail leverage | 1:2000 | 10X |
| Stock trade fee | Not confirmed | $0 |
| Account fee | Not confirmed | $0 |
| Retail accounts that lose money | 88% | Not confirmed |
| Margin rate | Not confirmed | 3.95% |
| Options contract fee | Not confirmed | $0 |
| Account types | Not confirmed | IRA, Roth IRA, Joint |
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Key differences
- Robinhood scores higher overall: 9.4 vs 9.3.
- Regulators: only FXTM offers FCA, CySEC.
- Regulators: only Robinhood offers Bank of Lithuania (LSC), LT BL, SIPC.
- Minimum deposit is lower at Robinhood: $0 vs $10.
- Inactivity fee is lower at Robinhood: $0 vs $5.
- Markets: only FXTM offers Forex, CFDs, Bonds.
- Markets: only Robinhood offers Options.
- Platforms: only FXTM offers Desktop, Mobile App, MetaTrader 4.
- Platforms: only Robinhood offers Robinhood app, Robinhood Legend.
- Features: only FXTM offers Demo account, Copy trading.
Our verdict on each
FXTM
FXTM suits traders who want forex, CFDs, futures, crypto and shares under one account, with retail leverage of 1:2000 and dual regulation behind the money. Costs are the compromise: entry is light, but support runs on help centre only, and a dormant account is charged rather than left free.
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 | FXTM | Robinhood |
|---|---|---|
| Cost | 9.0Entry costs are light, with a $10 starting deposit and No deposit fees; withdrawal fees vary by method, though dormant accounts pay $5. | 9.6HigherStock trades cost $0, options contracts $0, the account fee is $0 and inactivity is $0. |
| Offer | 9.3 | 9.3 |
| Trust | 9.5Higher | 9.3 |
Where they rank in our lists
| Ranking | FXTM | Robinhood |
|---|---|---|
| Stock and ETF brokers | 59 of 490 | 13 of 490 |
| Futures trading platforms | 14 of 83 | 3 of 83 |
Where these facts come from
FXTM
- fxtm.com: 5 facts, checked September 26, 2026
- brokersway.com: 4 facts, checked September 26, 2026
- trade-leader.com: 2 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 | FXTM | Robinhood |
|---|---|---|
| Features | Demo account, Copy trading, Mobile app, Crypto | Crypto, Fractional shares, Options, Futures, Mobile app |
| Pricing model | Not confirmed | Commission free, Low fees |
| Audience | Not confirmed | Beginners, Day traders |
| Legal entity | Not confirmed | Robinhood Europe UAB |
| Headquarters | Not confirmed | Lithuania |
| Founded | Not confirmed | 2013 |
| Support channels | Help centre | Not confirmed |
Where each stands against the rest
| Fact | FXTM | Robinhood | Median |
|---|---|---|---|
| Minimum deposit | $10at the median | $0below the median | $10 |
| Stock trade fee | Not confirmed | $0at the median | $0 |
| Account fee | Not confirmed | $0at the median | $0 |
| Inactivity fee | $5above the median | $0at the median | $0 |
| Retail accounts that lose money | 88%highest quarter | Not confirmed | 70.375% |
| Margin rate | Not confirmed | 3.95%lowest quarter | 8.79% |
Median across 99 listed brokers.
Pros and cons
FXTM
Pros
- One account spans stocks, etfs and forex.
- The FCA and CySEC both appear under FCA and CySEC, with FSCS up to GBP 85,000 for UK clients.
- Trading runs on Desktop, Mobile App and MetaTrader 4, and demo account, copy trading and mobile app adds a demo account and copy trading.
Cons
- Dormant balances are charged $5, a cost active traders never meet.
- Support runs on help centre only.
- Leverage of 1:2000 magnifies losses, and 88% of retail accounts lose money.
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
FXTM
Who it suits
- Traders who want forex, CFDs, futures, crypto and shares in one place from a $10 start.
- Newcomers who want a demo account and copy trading through demo account, copy trading and mobile app.
- Clients who want regulation in the UK and Cyprus under FCA and CySEC.
Who should look elsewhere
- Anyone who wants to open with nothing: CFI has a $0 minimum.
- Traders focused on shares, ETFs and crypto rather than bonds and metals: eToro's markets are stocks, etfs and forex.
- Small accounts wanting a cheaper opening: Vantage starts at $5.
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
FXTM
What does it cost to open and keep an FXTM account?+
Opening an account starts at $10, and the deposit and withdrawal terms read No deposit fees; withdrawal fees vary by method. The fee to watch is the inactivity charge of $5, which bites once an account sits idle, so running costs stay low only while you keep trading.
Is my money protected at FXTM?+
FXTM is regulated by the FCA and CySEC, and the investor protection stated is FSCS up to GBP 85,000. That cover sits with the regulated entity holding the account, so check which one your account is opened with before treating the protection as your own.
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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