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Robinhood vs Freetrade : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Robinhood
Freetrade
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP
STP broker
Years of Existence / Established Year
2013
2016
Customer Base / Number of Accounts
24.2 M
1.5 M
Regulation & Security
Regulations (governing bodies)
FINRA,SIPC, SEC
FCA
Awards Won (count for the last 2 years)
Future Trends Corporates Award -2024, Future Trends Leader Award- 2024
Best Online trading platform 2024
Security Measures
SIPC, FDIC
Yes
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
No
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
5000+ trading instruments
6200+ U.S Treasury Bills, Investment trust
Currency Pairs
No
No
Commodities
No
No
Indices
No
No
Cryptocurrencies
Yes
No
CFDs
No
No
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
No
Futures
Yes
No
Bonds
No
No
Mutual Funds
No
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
No
Real Estate Investment Trusts (REITs)
No
Yes
Equities
No
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
Yes
Copy Trading
No
Yes
Other Trading Platforms (proprietary, etc.)
Mobile, web trading, Desktop trading
Freetrade web and mobile trading platform
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Margin, IRA, and cash account
General investment account, Stocks and shares ISA, Personal pension account
Demo Account (Yes/No)
No
No
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
$0
$0
Leverage Available
2:1
100:1
Trade Limit (maximum per trade)
Depends on assets class
depends on asset class
Commission (per account type)
$0
$0
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 transfer, debit card, Apple pay, google pay
Withdrawal Methods
Instant bank transfer, Debit card, Standard bank transfer
Linked bank account
Other E-Wallets Supported
No
Apple pay , google pay
Tools & Educational Resources
Economic Calendar
Yes
No
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Learning Tutorials, Webinars, Market news and insights, Support and community
Learn (Trading Education), Freetrade Blog (Market Insights), Webinars, Investing Guides, Video Tutorials, Community Forum
Fees & Commissions
Trading-Related Fees
Exchange and regulatory fees: $55 per trade, with a maximum of $0.02, Margin fees: 5.75%
FX fee of 0.59%
Spread (typical, fixed, variable)
NA
Variable
Per Lot Fees
NA
NA
Options Contract Fees
$0.01
NA
Futures Contract Fees
NA
NA
Markup Fees on Spread
0.50%
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
2:1
100:1
Non-Trading Fees
Dormant Fees
$0
$0
Subscription Fees (for premium features, data feeds)
$5 per month
$0
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
NA
NA
Statement or Document Fee
$2 per month
NA
Account Opening Fee
$0
NA
Account Maintenance Fee
$0
£10.97
Deposit Fee
$0
£5
Currency Conversion Fee
0.03%
Exchange rate + 0.99%
Withdrawal Fee
Withdrawal : 1.75%, Bank transfers- 0, Outgoing wire transfer $25 Domestic overnight check delivery $20, ACATS, Outgoing $100
£5
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
No
Trading Hours
Trading Hours (for each asset class if applicable)
8 PM ET Sunday until 8 PM ET Friday
Monday to Friday: 8:00 AM - 4:30 PM GMT Monday to Friday: 9:30 AM - 4:00 PM ET (2:30 PM - 9:00 PM GMT) European Market Hours- Monday to Friday: 9:00 AM - 5:30 PM CET (8:00 AM - 4:30 PM GMT)
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
Help hub, community forum, E-mail, Social media
Support Languages
1
1
Additional Information
Headquarters Location
Menlo Park, California , U.S.
Level 2, The Truman Brewery, 91 Brick Lane, London, England, E1 6QL
Complaints (for crypto brokers)
No
No
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