Updated September 29, 2026 · BrokerCue Editorial Team
Robinhood vs tastyfx
What sets them apart
| Compare |  Robinhood |  tastyfx |
|---|---|---|
| Markets | Stocks, ETFs, Options, Futures, Crypto | Forex |
| Regulators | Bank of Lithuania (LSC), LT BL, SIPC | NFA, CFTC |
| Investor protection | EU ICS up to EUR 20,000 | SIPC up to USD 500,000 |
| Deposit and withdrawal fees | $100 outgoing transfer | Deposits free, $15 wire withdrawal fee |
| Platforms | Robinhood app, Robinhood Legend | Tastyfx platform, MT4, MT5, TradingView |
| Account types | IRA, Roth IRA, Joint | Corporate, IRA |
| Maximum retail leverage | 10X | 50:1 |
| Stock trade fee | $0 | Not confirmed |
| Account fee | $0 | Not confirmed |
| Margin rate | 3.95% | Not confirmed |
| Options contract fee | $0 | Not confirmed |
| Interest on cash | Not confirmed | 8% |
Same on both: Minimum deposit ($0), Inactivity fee ($0).
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Key differences
- tastyfx scores higher overall: 9.5 vs 9.4.
- Regulators: only Robinhood offers Bank of Lithuania (LSC), LT BL, SIPC.
- Regulators: only tastyfx offers NFA, CFTC.
- Robinhood is licensed in 1 more country.
- Markets: only Robinhood offers Stocks, ETFs, Options.
- Markets: only tastyfx offers Forex.
- Platforms: only Robinhood offers Robinhood app, Robinhood Legend.
- Platforms: only tastyfx offers Tastyfx platform, MT4, MT5.
- Account types: only Robinhood offers Roth IRA, Joint.
- Account types: only tastyfx offers Corporate.
Our verdict on each
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.
tastyfx
tastyfx suits beginners who want to trade currency pairs without paying commission, with a minimum deposit of $0 and a single market of forex. The account is held in the US, and your money sits with SIPC cover of SIPC up to USD 500,000.
Score breakdown
| Area | Robinhood | tastyfx |
|---|---|---|
| Cost | 9.6Stock trades cost $0, options contracts $0, the account fee is $0 and inactivity is $0. | 9.6 |
| Offer | 9.3 | 9.4HigherOffer score rests on commission-free pricing, a minimum deposit of $0 and an inactivity fee of $0. |
| Trust | 9.3 | 9.5Higher |
Where they rank in our lists
| Ranking | Robinhood | tastyfx |
|---|---|---|
| Investment platforms and apps | 1 of 85 | 11 of 85 |
| Brokers for beginners | 6 of 88 | 16 of 88 |
| IRA providers | 1 of 43 | 9 of 43 |
Every fact side by side
| Fact | Robinhood | tastyfx |
|---|---|---|
| Features | Crypto, Fractional shares, Options, Futures, Mobile app | Demo account, Mobile app |
| Pricing model | Commission free, Low feesCovers more | Commission free |
| Audience | Beginners, Day tradersCovers more | Beginners |
| Legal entity | Robinhood Europe UAB | IG US LLC |
| Headquarters | Lithuania | United States |
| Founded | 2013 | Not confirmed |
| Support channels | Not confirmed | Chat, Email, Help centre, Phone |
Where each stands against the rest
| Fact | Robinhood | tastyfx | Median |
|---|---|---|---|
| Minimum deposit | $0below the median | $0below the median | $10 |
| Stock trade fee | $0at the median | Not confirmed | $0 |
| Account fee | $0at the median | Not confirmed | $0 |
| Inactivity fee | $0at the median | $0at the median | $0 |
| Margin rate | 3.95%lowest quarter | Not confirmed | 8.79% |
| Options contract fee | $0lowest quarter | Not confirmed | $0.59 |
Median across 99 listed brokers.
Pros and cons
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
tastyfx
Pros
- No minimum to start, a minimum deposit of $0 against a site median of €4.64
- The pricing model is commission-free, so you pay for the spread inside the trade rather than a ticket fee
- No inactivity charge, at $0 and first in the site ranking on inactivity fee, 1 of 56
Cons
- The market list is limited to forex, so a share or bond holding is not available here
- Wire withdrawals cost, at Deposits free, $15 wire withdrawal fee
- Retail currency trading runs to a typical loss rate of 72.13% across the brokers compared, and leverage of 50:1 magnifies it
Who each suits
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
tastyfx
Who it suits
- Beginners opening a first currency account in the US
- Traders who want to practise on a demo before risking money
- Anyone who wants a commission-free structure rather than a per-trade ticket
Who should look elsewhere
- Anyone who wants shares, ETFs or bonds, since forex is the only market offered
- Retirement savers who need a wider account range than corporate and ira
- People who withdraw by wire often, because Deposits free, $15 wire withdrawal fee applies
Current offers
tastyfx
Current offer
Bonus
Deposit match bonus and trading rebates up to 15%: up to 15% rebates
new accounts
Source, checked September 26, 2026
Country by country
| Country | Robinhood | tastyfx |
|---|---|---|
| United States | No | Yes |
Questions about each
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.
tastyfx
What is the minimum deposit at tastyfx?+
The minimum deposit is $0, so you can fund an account from a small starting amount rather than waiting for a larger balance. That places tastyfx first in the site ranking on minimum deposit, 1 of 213, against a site median of €4.64.
Does tastyfx charge any commission on trades?+
The pricing model is commission-free, so there is no separate ticket fee per trade. The cost of a currency trade is built into the spread you trade through. The only market on offer is forex, so this structure applies to currency pairs.
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