Compare Interactive Brokers vs Robinhood

Online brokers compared for fees, trading platforms, safety and more. See how Interactive Brokers stacks up against Robinhood!

Interactive Brokers vs Robinhood
open account	Visit broker	Visit broker
overall rating	4.8 / 5.0	4.1 / 5.0
overall pros	Broad product portfolio Low fees Great and diverse research tools	Commission-free US stock trading Great mobile and web trading platforms Fast and fully digital account opening
overall cons	Funding and withdrawal only through bank transfer Complicated account opening process Not user-friendly and complicated desktop trading platform	Available only for US and Australian clients Weak customer support Limited product portfolio
fees	4 stars Low trading fees Transparent fee structure Inactivity fee	4 stars No withdrawal fee No inactivity fee Commission-free US stock trading High financing rate High trading fees of non-US stocks
account opening	3 stars Fully digital No minimum deposit for most accounts Slow Not user-friendly Confusing messages throughout the process	5 stars Fast Fully digital No minimum deposit User-friendly It is only availalbe for the US and the Australian clients
deposit and withdrawal	2 stars Several account base currencies No charge for the first withdrawal each month Credit/Debit card not available Slow withdrawal - over 3 days	3 stars No deposit fee User-friendly Instant deposit up to $1,000 per week Credit/Debit card not available Lengthy deposit if you don't use the instant deposit
web trading platform	4 stars User-friendly Clear fee report Two-step (safer) login Limited customizability (for charts, workspace)	5 stars User-friendly Clear fee report Modern design Customizability is missing
mobile trading platform	4 stars Two-step (safer) login Good search function Innovative functions (e.g. chatbot) Not user-friendly	5 stars User-friendly Good search function Modern design
desktop trading platform	3 stars Good variety of order types Two-step (safer) login Price alerts Not user-friendly Poor search function	-
markets and products	5 stars Stock ETF Forex Fund Bond Options Futures CFD Crypto	1 stars Stock ETF Options Crypto
research	4 stars Quality news flow Good set of analytical tools Fundamental data available Not user-friendly	3 stars Quality news flow User-friendly Limited interactive charting No trading ideas No/limited set of analytic tools
customer service	4 stars Live chat Fast response time Relevant answers Email ticketing looks like from the 90's	1 stars Relevant answers Professional tone No phone support No live chat Slow support
education	5 stars Demo account Educational videos Good production quality Courses only available to members	0 stars No demo account No trading platform tutorial videos No educational videos
safety	Listed on stock exchange Negative balance protection Regulated by top-tier financial authorities	Regulated by top tier financial authority High level of investor protection Not listed on stock exchange Financial information is not publicly available
recommended for	Traders who prefer low fees and a professional trading environment	Beginners and buy and hold investors focusing on the US stock market

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