Updated September 29, 2026 · BrokerCue Editorial Team
iFOREX vs Robinhood
iFOREX vs Robinhood: the differences
| Compare |  iFOREX |  Robinhood |
|---|---|---|
| Minimum deposit | $100 | $0Lower |
| Inactivity fee | $15 | $0Lower |
| Markets | Stocks, ETFs, Forex, CFDs, Crypto | Stocks, ETFs, Options, Futures, Crypto |
| Regulators | CySEC, BVI FSC | Bank of Lithuania (LSC), LT BL, SIPC |
| Deposit and withdrawal fees | No broker deposit fee; $20 EEA wire withdrawal fee may apply | $100 outgoing transfer |
| Platforms | IFOREX App | Robinhood app, Robinhood Legend |
| Maximum retail leverage | 1:30 EU, 1:400 offshore | 10X |
| Account fee | Not confirmed | $0 |
| Retail accounts that lose money | 80% | Not confirmed |
| Margin rate | Not confirmed | 3.95% |
| Options contract fee | Not confirmed | $0 |
| Account types | Not confirmed | IRA, Roth IRA, Joint |
Same on both: Stock trade fee ($0), Investor protection (EU ICS up to EUR 20,000).
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Key differences
- Robinhood scores higher overall: 9.4 vs 9.0.
- Regulators: only iFOREX offers CySEC, BVI FSC.
- Regulators: only Robinhood offers Bank of Lithuania (LSC), LT BL, SIPC.
- Founded is lower at iFOREX: 1996 vs 2013.
- Minimum deposit is lower at Robinhood: $0 vs $100.
- Inactivity fee is lower at Robinhood: $0 vs $15.
- Markets: only iFOREX offers Forex, CFDs.
- Markets: only Robinhood offers Options, Futures.
- Platforms: only iFOREX offers IFOREX App.
- Platforms: only Robinhood offers Robinhood app, Robinhood Legend.
Our verdict on each
iFOREX
iFOREX suits European traders who want forex, CFDs, crypto, shares and ETFs in a single commission-free account, and who put regulation and predictable costs above a small opening deposit. The EU entity sits under CySEC, with investor protection of EU ICS up to EUR 20,000 for accounts taken there.
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 | iFOREX | Robinhood |
|---|---|---|
| Cost | 8.8Opening deposit of $100 and inactivity charge of $15 sit above the site medians of €4.64 and €0. | 9.6HigherStock trades cost $0, options contracts $0, the account fee is $0 and inactivity is $0. |
| Offer | 8.7 | 9.3Higher |
| Trust | 9.5Higher | 9.3 |
Licences and countries
| Country | iFOREX | Robinhood |
|---|---|---|
| Cyprus | CySEC 143/11 | Not confirmed |
| Lithuania | Not confirmed | Bank of Lithuania (LSC) MiCA CASP 254900GTP4UXQO1UMI36 LT_BL PSD_PI 306377915 |
| United States | Not confirmed | SIPC SIPC member 69916 |
| Virgin Islands, British | Not confirmed |
What each covers
| Markets | iFOREX | Robinhood |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | No |
| CFDs | Yes | No |
| Options | No | Yes |
| Futures | No | Yes |
| Crypto | Yes | Yes |
How they place
| Ranking | iFOREX | Robinhood |
|---|---|---|
| Stock and ETF brokers | 141 of 471 | 14 of 471 |
Where these facts come from
iFOREX
- iforex.com: 4 facts, checked September 26, 2026
- play.google.com: 3 facts, checked September 26, 2026
- myfxbook.com: 2 facts, checked September 26, 2026
- tradingfinder.com: 2 facts, checked September 26, 2026
- custommapposter.com: 1 fact, 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 | iFOREX | 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 | iCFD Limited | Robinhood Europe UAB |
| Headquarters | Not confirmed | Lithuania |
| Founded | 1996Lower | 2013 |
| Support channels | Help centre | Not confirmed |
Where each stands against the rest
| Fact | iFOREX | Robinhood | Median |
|---|---|---|---|
| Minimum deposit | $100above the median | $0below the median | $25 |
| Stock trade fee | $0at the median | $0at the median | $0 |
| Account fee | Not confirmed | $0at the median | $0 |
| Inactivity fee | $15above the median | $0at the median | $0 |
| Retail accounts that lose money | 80%highest quarter | Not confirmed | 72.05% |
| Margin rate | Not confirmed | 3.95%lowest quarter | 8.75% |
Median across 134 listed brokers.
Pros and cons
iFOREX
Pros
- Stock trade fee of $0, ranking 1 of 161 brands on that cost.
- Regulated by CySEC and BVI FSC, with iCFD Limited as the named EU entity.
- EU investor protection of EU ICS up to EUR 20,000 for accounts taken in the EU.
Cons
- Minimum deposit of $100 ranks 148 of 213, so the entry point is high.
- Support runs on help centre only.
- Inactivity fee of $15 ranks 42 of 56.
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
iFOREX
Who it suits
- Traders who want stocks, etfs and forex in a single account and can fund $100, while Vantage opens at $5.
- EU clients who prefer CySEC oversight and EU ICS up to EUR 20,000 to the route run by the BVI FSC.
- Savers happy to work from iFOREX App and practise on a demo account first.
Who should look elsewhere
- Small starters: CFI opens at $0 and Vantage at $5, both below iFOREX's $100.
- Broader market seekers: eToro lists stocks, etfs and forex, adding futures to iFOREX's stocks, etfs and forex.
- Traders who want phone or chat support, since support runs on help centre only.
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
iFOREX
What does it cost to trade a stock?+
The stock trade fee is $0. iFOREX runs a commission free pricing model, so there is no per-trade commission layered on top, and the account covers stocks, etfs and forex. The cost side of the ledger is the deposit and any inactivity charge, not the trade itself.
How much do I need to deposit to open an account?+
The minimum deposit is $100. That puts iFOREX towards the dearer end of the field: it ranks 148 of 213 brands on minimum deposit. CFI opens at $0 and Vantage at $5, so a lighter entry is available elsewhere.
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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