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

Broker Name

Robinhood

Broker Overview

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

STP

ECN

Years of Existence / Established Year

2013

1974

Customer Base / Number of Accounts

24.2 M

313,000 customers

Regulation & Security

Regulations (governing bodies)

FINRA,SIPC, SEC

NFA CFTC FCA

Awards Won (count for the last 2 years)

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

Best Multi platform provider - ADVFN International Financial Awards 2024 Best Finance App - ADVFN International Financial Awards 2024 Best platform for active trader - ADVFN International Financial Awards 2022

Security Measures

SIPC, FDIC

FSCS

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

17,000 + markets

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Yes

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Yes

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Yes

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Mobile, web trading, Desktop trading

ProReal Time APIs L2 dealer

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Margin, IRA, and cash account

Leveraged Accounts Spread betting account CFD accountNon-Leveraged Account Share dealing account ISA account IG smart portfolio account IG smart ISA portfolio account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

$50

Leverage Available

2:1

200:1

Trade Limit (maximum per trade)

Depends on assets class

Trade size vary on each asset

Commission (per account type)

Starting from 0.1

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

Beginners

Deposit & Withdrawal Options

Deposit Methods

ACH, Instant bank transfer, Debit card, Wire transfer

Bank transfers Card FPS in Hong Kong dollars Funding on IG mobile app Wise

Withdrawal Methods

Instant bank transfer, Debit card, Standard bank transfer

Card Bank transfer

Other E-Wallets Supported

Tools & Educational Resources

Economic Calendar

Yes

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

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

Trade analytics tools Seminars & webinars

Fees & Commissions

Trading-Related Fees

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

US shares 0 to 50 - commission free 50+ trades - $5Other shares Germany - 0.1% UK - 0.1% Ireland - 0.1%

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

Vary for each asset

Maximum Leverage

2:1

200:1

Non-Trading Fees

Dormant Fees

$12/month after 24 months of no trading activity

Subscription Fees (for premium features, data feeds)

$5 per month

Advisory Fees

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

$2 per month

$50

Account Opening Fee

Account Maintenance Fee

Deposit Fee

Free for Wire & check deposits

Currency Conversion Fee

0.03%

0.5% - CFDs and share dealing accounts 0.7% - international shares

Withdrawal Fee

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

Wire transfer - $25

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

Forex Monday 00:00 - Friday 22:00 GMT (International times may vary)UK shares (LSE): 08.00-16.30 (London time) US shares: 09.30-16.00 (New York time) European shares: vary on relevant exchanges

Customer Support

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

7 AM - 9 PM ET

24x5 support

Customer Support Methods (phone, email, live chat)

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

Call +44 (20) 7633 5430 Email: [email protected] 10AM to 7PM whatsapp channel support (Monday to Friday)

Support Languages

Additional Information

Headquarters Location

Menlo Park, California , U.S.

IG Cannon Bridge House 25 Dowgate Hill London EC4R 2YA

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.

Robinhood is known for competitive pricing on basic trades, especially for beginners. However, IG fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.

Robinhood gets you trading faster thanks to its minimal entry barriers. In comparison, IG account setup is slower but includes extra layers of financial screening and suitability assessments.

If you're trading on-the-go, Robinhood mobile platform is fluid and intuitive. IG desktop and web apps are more robust, making them suitable for in-depth trading sessions.

Those seeking technical depth may prefer Robinhood, while IG shines with intuitive design and streamlined features.

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