Robinhood vs S Broker

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.

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.

Stock trades cost €0.95 and the account fee is €0, so holding the account costs nothing. Across the site the median stock trade fee is €0, which leaves S Broker a little dearer than the cheapest stock platforms but with no account charge to set against it.

The legal entity is S Broker AG & Co. KG, supervised by the Bundesanstalt fuer Finanzdienstleistungsaufsicht and the European Central Bank. Deposits sit under the EU investor compensation scheme, so a firm failure is covered within that scheme's stated limits rather than by the broker itself.