Scores, winners and data below compare these brokers as CFD/FX brokers (leveraged trading on forex, indices, commodities and crypto), using the data of IG Markets' Germany entity and Robinhood's Lithuania entity. Scores, winners and data below compare these brokers as stock brokers (real shares and ETFs you own outright), using the data of IG Markets' Germany entity and Robinhood's Lithuania entity.
IG Markets
74% of retail investor accounts lose money when trading CFDs with this provider.
Robinhood
73-89% of retail investor accounts lose money when trading CFDs.
Best for
What we compare A comparison of the kinds of traders IG Markets and Robinhood are best suited to, based on what each one actually offers in .IG Markets is better than Robinhood for professional traders, high-volume traders and scalpers. Robinhood, on the other hand, is better for futures traders. Long-term investors, swing traders and crypto traders can choose either IG Markets or Robinhood.
| Overall score | IG Markets 89 88 Best | Robinhood not offered 74 -14 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise IG Markets and the ones that supervise Robinhood.IG Markets and Robinhood are both regulated by top-tier authorities, IG Markets by BaFin, ASIC (Australia) and the FCA (United Kingdom) and Robinhood by LB Lithuania, the SEC (United States) and the CFTC (United States).
| Section score | IG Markets 100 100 | Robinhood not offered 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | BaFin (Germany) | LB (Lithuania) |
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that IG Markets and Robinhood have in place to protect your money in .Both IG Markets and Robinhood offer segregated client funds and an investor compensation scheme. IG Markets is also a licensed bank. Robinhood also offers additional money insurance.
| Section score | IG Markets 91 91 Best | Robinhood not offered 87 -4 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 1974 | 2013 |
| Parent company i | IG Group Holdings plc | Robinhood Markets, Inc. |
| CEO i | Breon Corcoran | Vlad Tenev |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | UniCredit Bank AG, UniCredit S.p.A., J.P. Morgan SE, CaixaBank, Citigroup, BNP Paribas | Sutton Bank |
| Brand power | ||
| Number of customers worldwide i | 320,000 | 27,400,000 |
| Annual revenue i | USD 987,300,000 | USD 3,570,000,000 |
| Monthly website search traffic i | 97.1K monthly visits | |
Costs
What we compare A comparison of what it costs to trade with IG Markets and with Robinhood in , both on each trade and on holding the account.Robinhood does not offer CFD/FX, being a stockbroker, so IG Markets and Robinhood cannot be compared for CFD/FX costs.
IG Markets is better than Robinhood for real stock costs. Neither IG Markets nor Robinhood charges inactivity fees or account maintenance fees.
| Section score | IG Markets 75 75 Best | Robinhood not offered 39 -36 |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | FreeAbout this value. This is the forex commission per lot at IG Europe GmbH (BaFin). At IG Markets' other companies: USD 6 (Australia, other accepted countries), Free (the UK, Japan). | |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 8.5 | |
| S&P 500 fees (CFD) i | 0.4 points | |
| Gold fees (CFD) i | 0.3 points | |
| Bitcoin fees (CFD) i | USD 36 | USD 0.0004 |
| US stocks fees (CFD) i | USD 0.02 | Free |
| Fees on stocks | ||
| Stock fee type i | Commission | Percentage |
| US stocks fees (real) i | Free | |
| ETF fees (real) i | Free | |
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | USD 2 | |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | USD 2 | |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with IG Markets and with Robinhood in , and of how many instruments each one gives access to.Only IG Markets can be assessed for CFD/FX markets, since Robinhood is a stockbroker and does not offer CFD/FX.
IG Markets and Robinhood are equally good for real stock markets, as IG Markets gives access to 17,000 tradable symbols (against Robinhood's 10,818), and offers options on commodities, forex and stocks. On the other hand, Robinhood lets you own crypto outright, and offers futures on commodities, crypto and indices. Both IG Markets and Robinhood let you own stocks and ETFs outright, and offer options on indices.
| Section score | IG Markets 100 100 | Robinhood not offered 100 |
|---|---|---|
| Total tradable symbols i | 17,000 | 10,818 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, ETF, Forex, Indices, Stocks | |
| Futures i | Commodities, Crypto, Indices | |
| Options i | Commodities, Forex, Indices, Stocks | Indices |
| Assets you can own i | Stocks, ETF | Crypto, ETF, Stocks |
Platform
What we compare A comparison of the trading platforms that IG Markets and Robinhood make available to their clients in .IG Markets and Robinhood cannot be set side by side for platforms, as Robinhood is a stockbroker and does not offer CFD/FX, unlike IG Markets.
IG Markets is better than Robinhood for platforms, as IG Markets offers MetaTrader 4, TradingView and AutoChartist, which Robinhood does not. Both IG Markets and Robinhood offer a proprietary platform and real-time pricing.
| Section score | IG Markets 91 91 Best | Robinhood not offered 68 -23 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of IG Markets and Robinhood in , and of what each one lets you do from your phone.IG Markets and Robinhood cannot be set side by side for mobile trading, as Robinhood is a stockbroker and does not offer CFD/FX, unlike IG Markets.
IG Markets is better than Robinhood for mobile trading, since IG Markets offers the MetaTrader 4 app, mobile trading signals and mobile drawing tools, which Robinhood does not. IG Markets and Robinhood both offer a proprietary mobile app and mobile price alerts.
| Section score | IG Markets 93 93 Best | Robinhood not offered 74 -19 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that IG Markets and Robinhood allow on their platforms in .Only IG Markets can be assessed for CFD/FX trading features, since Robinhood is a stockbroker and does not offer CFD/FX.
IG Markets is better than Robinhood for real stock trading features, as IG Markets has no minimum trade size on stocks (against Robinhood's 1 USD), offers tier-1 liquidity providers, which Robinhood does not, and allows for automated trading. Both IG Markets and Robinhood offer trailing stops.
| Section score | IG Markets 89 85 Best | Robinhood not offered 65 -20 |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | NDD |
| Average execution time i | 14 ms | |
| Slippage occurrence i | 11% | |
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1About this value. This is the major fx pairs leverage at IG Europe GmbH (BaFin). At IG Markets' other companies: 30:1 (Australia, the UK), 200:1 (other accepted countries), 25:1 (Japan). | |
| Minor/Exotic FX pairs leverage i | 20:1About this value. This is the minor/exotic fx pairs leverage at IG Europe GmbH (BaFin). At IG Markets' other companies: 20:1 (Australia, the UK), 133:1 (other accepted countries), 25:1 (Japan). | |
| Major indices leverage i | 20:1About this value. This is the major indices leverage at IG Europe GmbH (BaFin). At IG Markets' other companies: 20:1 (Australia, the UK), 200:1 (other accepted countries), 10:1 (Japan). | |
| Minor indices leverage i | 10:1About this value. This is the minor indices leverage at IG Europe GmbH (BaFin). At IG Markets' other companies: 10:1 (Australia, the UK, Japan), 200:1 (other accepted countries). | |
| Gold leverage i | 20:1About this value. This is the gold leverage at IG Europe GmbH (BaFin). At IG Markets' other companies: 20:1 (Australia, the UK, Japan), 200:1 (other accepted countries). | |
| Commodities leverage i | 10:1About this value. This is the commodities leverage at IG Europe GmbH (BaFin). At IG Markets' other companies: 10:1 (Australia, the UK), 67:1 (other accepted countries), 20:1 (Japan). | |
| Equities leverage i | 5:1About this value. This is the equities leverage at IG Europe GmbH (BaFin). At IG Markets' other companies: 5:1 (Australia, the UK, Japan), 20:1 (other accepted countries). | |
| Cryptocurrency leverage i | 2:1About this value. This is the cryptocurrency leverage at IG Europe GmbH (BaFin). At IG Markets' other companies: 2:1 (Australia), 10:1 (other accepted countries). | |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | |
| Minimum trade size (stocks) i | USD 0 | USD 1 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at IG Markets and at Robinhood in , and of who each one is meant for.Robinhood does not offer CFD/FX, being a stockbroker, so IG Markets and Robinhood cannot be compared for CFD/FX account types.
Robinhood is better than IG Markets for real stock account types, since Robinhood offers a stock investing account, a margin investing account and a retirement account, which IG Markets does not. Both IG Markets and Robinhood offer a standard account.
| Section score | IG Markets 48 35 -9 | Robinhood not offered 44 Best |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with IG Markets and with Robinhood in .IG Markets and Robinhood cannot be set side by side for account opening, as Robinhood is a stockbroker and does not offer CFD/FX, unlike IG Markets.
IG Markets and Robinhood are equally good for account opening, since IG Markets supports e-wallets, which Robinhood does not, and credits deposits faster, within the same day (against Robinhood's 2 days). On the other hand, Robinhood has no minimum withdrawal (against IG Markets' 150 USD). Neither IG Markets nor Robinhood requires a minimum deposit.
| Section score | IG Markets 65 65 | Robinhood not offered 65 |
|---|---|---|
| Minimum deposit i | USD 0 | USD 0 |
| Minimum withdrawal i | USD 150 | USD 0 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPal | |
| Local payment methods i | ||
| Account base currencies i | EURAbout this value. This is the account base currencies at IG Europe GmbH (BaFin). It is different at IG Markets' companies in Australia, other accepted countries, the UK and Japan. | USD |
| Deposit waiting time i | Instant | up to 2 business days |
| Withdrawal waiting time i | up to 1 business days | up to 2 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of IG Markets and Robinhood in , in how it can be reached and how fast it answers.Robinhood does not offer CFD/FX, being a stockbroker, so IG Markets and Robinhood cannot be compared for customer care.
IG Markets is better than Robinhood for customer care, given that IG Markets offers customer support in 12 languages (against Robinhood's 1), has a website in 12 languages (against Robinhood's 1), and offers a dedicated account manager, which Robinhood does not. Both IG Markets and Robinhood offer phone support and live chat.
| Section score | IG Markets 78 78 Best | Robinhood not offered 42 -36 |
|---|---|---|
| Number of languages supported i | 12 | 1 |
| Website languages i | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish | English |
| Website available in English i | ||
| Customer support languages i | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish | English |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that IG Markets and Robinhood provide to their clients in .Robinhood does not offer CFD/FX, being a stockbroker, so IG Markets and Robinhood cannot be compared for learning.
IG Markets is better than Robinhood for learning, as IG Markets offers webinars, daily market commentary and an economic calendar, which Robinhood does not. Both IG Markets and Robinhood offer education for advanced traders and professional reports.
| Section score | IG Markets 100 100 Best | Robinhood not offered 70 -30 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
IG Markets vs Robinhood: which one should you choose?
IG Markets
CFD/FX Choose IG Markets if you want a CFD broker with a wide choice of markets.
Stocks Choose IG Markets if you want a broker for securities investing with ProRealTime, TradingView and a demo account.
Open Account 74% of retail investor accounts lose money when trading CFDs with this provider.
Robinhood
Stocks Choose Robinhood if you want a stockbroker with fractional shares.
Open Account 73-89% of retail investor accounts lose money when trading CFDs.Other popular comparisons
Below are other head-to-head comparisons that include IG Markets or Robinhood, each scored with the same data and method as this page.
