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Broker Comparison

Interactive Brokers vs Robinhood

Compare Interactive Brokers and Robinhood side by side: fees, regulation, platforms.

Interactive Brokers

Interactive Brokers

Active investors and multi-asset traders

Interactive Brokers is a multi-asset broker with stocks, ETFs, options, futures, currencies, bonds, funds andโ€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

Interactive Brokers vs Robinhood
Feature Interactive Brokers Robinhood
Minimum deposit โ€” โ€”
Stock trading fee โ€” โ€”
Regulators SEC, CFTC, FINRA, FCA, CBI, ASIC, SEBI, MAS, CIRO BOL
Best for Active investors and multi-asset traders Crypto users and derivative stock-token traders
Markets & account
Stocks
ETFs
Forex
โ€”
Crypto
Bonds
โ€”
Options
โ€”
Futures
Funds
โ€”
Fractional Shares
โ€”
Investment Plans
โ€”
Margin
Multi Currency
โ€”
Demo Account
โ€”

Pros & cons

Interactive Brokers

Interactive Brokers

Pros

  • $0 Lite commissions on US stocks and ETFs
  • IBKR Pro stocks from USD 0.0005 per share
  • US options from USD 0.15 per contract
  • Margin loans start at USD 4.14%
  • Cash interest up to USD 3.14%
  • No inactivity fees
  • No minimums for general investment accounts
  • Paper trading with simulated funds

Cons

  • IBKR Pro stocks cost up to USD 0.0035 per share
  • IBKR Lite stock orders include PFOF
  • US options cost up to USD 0.65 per contract
  • Crypto execution and custody are for eligible clients
  • Forecast contracts are limited to eligible clients
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
Interactive Brokers

Interactive Brokers

Interactive Brokers is a multi-asset broker with stocks, ETFs, options, futures, currencies, bonds, funds and crypto across web, mobile and desktop platforms.

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.

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