Robinhood vs HFM : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Robinhood

HFM

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

STP

Market maker broker

Years of Existence / Established Year

2013

2010

Customer Base / Number of Accounts

24.2 M

2500000 clients

Regulation & Security

Regulations (governing bodies)

FINRA,SIPC, SEC

FSC, CySEC, DFSA, FCA, ISA, FSCA, MAS, CMA, FMA

Awards Won (count for the last 2 years)

Future Trends Corporates Award -2024, Future Trends Leader Award- 2024

Best Global Affliiate Programs 2024, Best Trading Accounts Global, Best Stock Broker 2023, Best Trading Platform Broker

Security Measures

SIPC, FDIC

Civil Liability insurance program with a limit of €5,000,000

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

5000+ trading instruments

Over 500 markets including energies

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

Yes

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Mobile, web trading, Desktop trading

HFM Platform, Web trading, Mobile trading

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Margin, IRA, and cash account

Cent, Zero, Pro , Premium, Corporate, Joint account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

Leverage Available

2:1

1:1000- 1:2000

Trade Limit (maximum per trade)

Depends on assets class

60/ 200 Standard lots per position depends on account types

Commission (per account type)

Best Suited For (e.g., beginners, experienced traders)

Beginners

Beginners to experienced traders

Deposit & Withdrawal Options

Deposit Methods

ACH, Instant bank transfer, Debit card, Wire transfer

Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets

Withdrawal Methods

Instant bank transfer, Debit card, Standard bank transfer

Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets

Other E-Wallets Supported

FasaPay, Neteller

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Learning Tutorials, Webinars, Market news and insights, Support and community

Webinars, eBooks and Guides, Video Tutorials

Fees & Commissions

Trading-Related Fees

Exchange and regulatory fees: $55 per trade, with a maximum of $0.02, Margin fees: 5.75%

Spread: starts from 0.0- 1.2 pips, commissions: $0.03 per 1k lot, Commission for Forex: $0.03 - $3, gold: $7- $14

Spread (typical, fixed, variable)

Variable

Per Lot Fees

Options Contract Fees

$0.01

Futures Contract Fees

Markup Fees on Spread

0.50%

Guaranteed Stop Loss Fees

Maximum Leverage

2:1

34:20:00

Non-Trading Fees

Dormant Fees

$10 inactive for 90 days

Subscription Fees (for premium features, data feeds)

$5 per month

Advisory Fees

Swap Fees (Overnight Financing)

Statement or Document Fee

$2 per month

Account Opening Fee

Account Maintenance Fee

Deposit Fee

Currency Conversion Fee

0.03%

Withdrawal Fee

Withdrawal : 1.75%, Bank transfers- 0, Outgoing wire transfer $25 Domestic overnight check delivery $20, ACATS, Outgoing $100

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

8 PM ET Sunday until 8 PM ET Friday

Varies by instrument

Customer Support

Support Hours (e.g., 24/7, weekdays only)

7 AM - 9 PM ET

24/5

Customer Support Methods (phone, email, live chat)

App chat 24/7 , Phone- 650-761-7789, Robinhood Crypto- 888-275-8523

Live support: Available 24/5, Email : [email protected], Phone: +44-203 097 85 71

Support Languages

27+

Additional Information

Headquarters Location

Menlo Park, California , U.S.

financial hub of Limassol, Cyprus

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

While Robinhood maintains low trading fees with no minimum deposit, HFM includes some charges for premium features and certain asset trades, making Robinhood the better option for budget-focused traders.

Robinhood uses a digital-first onboarding approach with clear instructions and fast ID verification. HFM goes a step further with manual checks and optional account tiers, ideal for serious professionals.

Robinhood platform is great for fast-paced day trading, especially with features like one-click trading. HFM platform, by comparison, is built for strategy testing and long-term portfolio management.

Robinhood stands out for active traders with robust tools, while HFM suits investors seeking simplicity and ease of use.

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