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Interactive Brokers vs Robinhood 2025

StockBrokers.com

Written by StockBrokers.com

February 20, 2025

In this head to head comparison of Interactive Brokers vs Robinhood, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Interactive Brokers
5/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.65
Robinhood
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.00

Range of investments

Interactive Brokers and Robinhood each provide a range of investment options, catering to different types of traders. While both platforms allow stock, margin, fractional shares, options, and cryptocurrency trading, their offerings vary in depth and breadth. Interactive Brokers stands out with a broader selection, including access to OTC stocks, mutual funds, forex, and futures trading—none of which are available on Robinhood. With a top rating of 5 stars for its range of investments and a #1 rank from StockBrokers.com, Interactive Brokers offers a comprehensive suite of investment opportunities. Meanwhile, Robinhood, with a 3.5-star rating and a #13 rank, is more suited for those primarily interested in straightforward trading, including access to 22 crypto coins, more than the 4 offered by Interactive Brokers.

Both platforms offer traditional and Roth IRA accounts, appealing to investors planning for the future. However, neither Interactive Brokers nor Robinhood provide personalized advisor services, highlighting their focus on self-directed trading. This distinction may influence an investor's choice depending on their need for investment guidance and portfolio management.

While Interactive Brokers caters to advanced traders seeking a wide range of assets, Robinhood is popular with beginners and those who prefer an easy-to-navigate platform for stock and crypto trading. Ultimately, the best choice depends on your investment goals and the breadth of investment options you value in a broker.

Feature Interactive Brokers logoInteractive Brokers
Robinhood logoRobinhood
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info Yes Yes
OTC Stocks info Yes No
Mutual Funds info Yes No
Options Trading info Yes Yes
Futures Trading info Yes No
Crypto Trading info Yes info Yes info
Crypto Trading - Total Coins info 4 info 22
Range of Investments 5/5 Stars 3.5/5 Stars

Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025

Trading platforms and tools

When evaluating the trading platforms and tools offered by Interactive Brokers and Robinhood, Interactive Brokers emerges as a powerhouse, reflecting its impressive five-star rating. It is ranked second out of sixteen brokers by StockBrokers.com for its comprehensive suite of features. In contrast, Robinhood's offerings are more limited, earning it a solid three and a half stars and a ninth-place ranking. Interactive Brokers provides extensive charting capabilities and advanced trading tools, while Robinhood focuses on simplicity and ease for everyday traders.

Interactive Brokers offers a rich experience with both downloadable trading platforms for Windows and Mac users along with a browser-based option, catering to a diverse range of trading preferences. Robinhood, however, opts for a streamlined approach, providing only a browser-based platform. Furthermore, the difference in watch list customization is stark: Interactive Brokers supports 659 columns compared to Robinhood's 3, illustrating Interactive Brokers' focus on accommodating detailed trader needs.

While both platforms allow traders to adjust open orders directly on a stock chart, Interactive Brokers boasts a vastly superior suite of charting tools, including 155 technical indicators and 85 drawing tools, compared to Robinhood's 16 indicators and 23 drawing tools. Moreover, Interactive Brokers enables the inclusion of notes, index overlays, and historical trades on charts, along with corporate events and automated technical analyses, which are absent in Robinhood. Additionally, paper trading and trading journals are available with Interactive Brokers, enhancing its utility for practice and strategy refinement, whereas Robinhood does not offer these features.

Feature Interactive Brokers logoInteractive Brokers
Robinhood logoRobinhood
Web Trading Platform info Yes Yes
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Paper Trading info Yes No
Watch Lists - Total Fields info 659 3
Charting - Indicators / Studies info 155 16
Charting - Drawing Tools info 85 23
Platforms & Tools 5/5 Stars 3.5/5 Stars

Dive deeper: Best Online Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025

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Beginners and education

When it comes to education and resources for beginners and investors, Interactive Brokers and Robinhood provide unique sets of tools tailored to different needs. Interactive Brokers excels with its broad array of educational resources, covering stocks, ETFs, options, mutual funds, and bonds. It offers paper trading capabilities, educational videos, webinars, and quizzes, alongside a system to track learning progress. The platform is rated 5 out of 5 stars for its educational offerings, securing the 3rd spot out of 16 brokers ranked by StockBrokers.com for educational support.

On the other hand, Robinhood also offers educational resources for stocks, ETFs, and options, complemented by webinars. However, it lacks resources for mutual funds and bonds, as well as paper trading functionality. Additionally, Robinhood does not provide educational videos or quizzes, and it lacks a feature for tracking learning progress. Despite these limitations, Robinhood maintains a respectable rating of 4 out of 5 stars for its educational offerings, positioning it at the 9th place in the StockBrokers.com rankings. For beginners wanting a straightforward and simple introduction, Robinhood offers a basic learning experience, while Interactive Brokers provides a more comprehensive educational platform for investors eager to dive deeper into various financial products.

Feature Interactive Brokers logoInteractive Brokers
Robinhood logoRobinhood
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Bonds) info Yes No
Paper Trading info Yes No
Videos info Yes No
Webinars info Yes Yes
Education 5/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

For those seeking the best in mobile stock trading apps, both Interactive Brokers and Robinhood bring distinct advantages. Interactive Brokers stands out with a perfect 5-star rating and ranks #2 out of 16 brokers, highlighting its robust features and advanced charting capabilities. Robinhood, while also widely popular, holds a 4.5-star rating and ranks #7, offering a more streamlined experience ideal for newer traders looking for simplicity.

Both platforms offer comprehensive apps for iPhone, Android, and even Apple Watch, ensuring traders can keep track of their investments on the go. They support crucial features such as mobile options trading, stock alerts, and the creation of custom watch lists. Both apps allow traders to trade stocks after hours and provide streaming quotes for real-time decision-making. However, Interactive Brokers sets itself apart with additional features like streaming live TV and videos on demand to aid in investment strategies, which Robinhood does not provide.

Charting tools are another area where these two platforms diverge. Interactive Brokers offers a more sophisticated charting experience with the ability to view charts in landscape mode and analyze data using 97 different technical studies. On the other hand, Robinhood provides only six technical studies and does not support landscape chart viewing. While neither platform currently offers stock comparison charting, the comprehensive offerings from Interactive Brokers make it a strong contender for those who need detailed analysis tools at their fingertips.

Feature Interactive Brokers logoInteractive Brokers
Robinhood logoRobinhood
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes Yes
Stock Alerts info Yes Yes
Charting - After-Hours info Yes Yes
Charting - Technical Studies info 97 6
Mobile Trading Apps 5/5 Stars 4.5/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

Interactive Brokers and Robinhood both offer competitive pricing structures that cater to different preferences in the world of online trading. For those seeking a no-cost initiation, both platforms present no minimum deposit requirement and offer commission-free trades for regular stocks. However, when it comes to trading options, Robinhood eliminates the per-contract fee altogether, whereas Interactive Brokers charges $0.65 per options contract. This difference may appeal to cost-conscious options traders who prioritize minimizing fees.

Delving into margin trading fees, Robinhood offers more favorable rates across various balance tiers. Both platforms have no charges for IRA annual fees or closure fees, offering a wallet-friendly choice for retirement accounts. Account transfers (ACAT) also showcase notable differences, as Interactive Brokers handles both partial and full transfers free of charge. In contrast, Robinhood imposes a $100 fee for both partial and full account transfers, which could be a consideration if transferring accounts frequently is part of your strategy.

For traders interested in additional charges, it's reassuring that neither platform charges for options exercise or assignment. This standardization allows users to focus on their trading strategies without worrying about unexpected costs. Each platform has its strengths; Interactive Brokers may attract those who prioritize thorough ancillary services, while cost-sensitive traders might lean toward Robinhood for its fee-saving perks, particularly in options trading and margin rates.

Feature Interactive Brokers logoInteractive Brokers
Robinhood logoRobinhood
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Options (Per Contract) info $0.65 $0.00
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $0.00

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

When comparing Interactive Brokers and Robinhood for day trading, it's clear that Interactive Brokers offers a variety of features tailored to the needs of active traders. Interactive Brokers provides streaming time and sales for stocks, allowing traders to track transactions in real time. Additionally, it offers streaming live TV, direct market routing for stocks, level 2 quotes, and a short locator tool for viewing the availability of shares to short. These features can be particularly valuable for those looking to make informed, split-second decisions in the market. In contrast, Robinhood does not offer these capabilities, which might limit the depth of data and insights available to its users.

For traders interested in advanced features, Interactive Brokers supports basic and advanced strategy backtesting as well as trading hotkeys for keyboard trade entry, providing the tools needed for analyzing and executing complex trading strategies efficiently. Moreover, Interactive Brokers offers ladder trading and order liquidity (maker/taker) rebates, potentially reducing trading costs. While Robinhood does share the ladder trading feature, it lacks these additional tools and incentives, which could be pivotal for a day trader. Therefore, Interactive Brokers seems better equipped to meet the needs of those who require comprehensive data and strategic flexibility.

Feature Interactive Brokers logoInteractive Brokers
Robinhood logoRobinhood
Streaming Time & Sales info Yes No
Streaming TV info Yes No
Direct Market Routing - Stocks info Yes No
Level 2 Quotes - Stocks info Yes No info
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info Yes No
Short Locator info Yes No

Dive deeper: Best Day Trading Platforms for 2025

Market Research

When it comes to market research capabilities, Interactive Brokers significantly outshines Robinhood. While both platforms provide stock and ETF research, Interactive Brokers offers a much broader range of resources, including mutual fund and bond research, ESG insights, social media sentiment data, and detailed downloadable PDF reports. This comprehensive suite of tools makes Interactive Brokers an excellent choice for investors seeking in-depth analysis and diversified information, earning it a 5-star rating. In contrast, Robinhood's research offerings are more limited and cater to a more straightforward investment approach, reflected by its 2-star rating.

Interactive Brokers provides extensive research capabilities, including the ability to access market data on stocks, ETFs, mutual funds, and bonds. With features like social media sentiment analysis and ESG research, it caters to investors looking for a multi-faceted approach to market understanding. The added advantage of seeing portfolio allocation by asset class and access to 15 downloadable PDF reports further enhances its appeal. In addition, Interactive Brokers features screeners for various investment options, including ETFs, mutual funds, and bonds, which provide users with a tailored experience to match their investment strategies.

Robinhood, while known for its easy-to-use platform, falls short in its market research offerings. It does provide basic stock and ETF research, along with a stock screener, but lacks depth in areas like mutual funds and bond research. Also, Robinhood does not offer downloadable PDFs or the advanced features of social media sentiment and ESG research, which could be vital for more informed decision-making. Ranked #10 by StockBrokers.com for market research among 16 brokers, Robinhood is more suited for investors who prioritize a simplified trading experience over comprehensive research capabilities.

Feature Interactive Brokers logoInteractive Brokers
Robinhood logoRobinhood
Research - Stocks info Yes Yes
Screener - Stocks info Yes Yes
Research - ETFs info Yes Yes
Screener - ETFs info Yes No
Research - Mutual Funds info Yes No
Screener - Mutual Funds info Yes No
Research - Bonds info Yes No
Screener - Bonds info Yes No
Research 5/5 Stars 2/5 Stars

Banking

When evaluating the banking capabilities of online brokers Interactive Brokers and Robinhood, several key differences come to light. Neither Interactive Brokers nor Robinhood provides traditional checking or savings accounts and both platforms do not offer mortgage loan services. However, there are distinctions in other areas. Interactive Brokers does provide Certificates of Deposit (CDs), whereas Robinhood does not. On the other hand, Robinhood offers additional banking features that Interactive Brokers lacks, such as access to both debit and credit cards. These distinctions highlight varying opportunities and tools each platform presents to users seeking banking-like services alongside their trading activities.

Feature Interactive Brokers logoInteractive Brokers
Robinhood logoRobinhood
Checking Accounts info No No
Savings Accounts info No No
Debit Cards info No Yes
Credit Cards info No Yes
Mortgage Loans info No No
CDs info Yes No

Dive deeper: Best Bank Accounts for Trading Stocks for 2025

Winner

After opening live accounts and testing 16 of the best online brokers, our research and live account testing finds that Interactive Brokers is better than Robinhood. Interactive Brokers finished with an overall score of 96.9%, while Robinhood finished with a score of 77.3%.

Interactive Brokers is a go-to choice for professionals because of its institutional-grade desktop trading platform, high-quality trade executions and rock-bottom margin rates.

FAQs

Can you trade cryptocurrency with Interactive Brokers or Robinhood?

Interactive Brokers and Robinhood both offer cryptocurrency trading, with Interactive Brokers offering a selection of 4 coins, while Robinhood provides access to 22 different cryptocurrencies, catering to a wider range of crypto enthusiasts.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does Interactive Brokers or Robinhood offer IRAs?

Interactive Brokers and Robinhood both offer traditional and Roth IRA accounts with no annual or closure fees, making them both cost-effective options for retirement savings.

Dive deeper: Best IRA Accounts for 2025

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Compare

0 of 5
Overall Rating Interactive Brokers Robinhood
Overall 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 3.5/5 Stars
Mobile Trading Apps 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 2/5 Stars
Customer Service 4/5 Stars N/A
Education 5/5 Stars 4/5 Stars
Ease Of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review Interactive Brokers Review Robinhood Review
Broker Screenshots Interactive Brokers Robinhood
Trading Platform & Tools Gallery (click to expand)
Research Gallery (click to expand)
Mobile Trading Apps Gallery (click to expand)
Education Gallery (click to expand)
Trading Fees Interactive Brokers Robinhood
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Penny Stock Fees (OTC) info $0.01 N/A
Mutual Fund Trade Fee info $14.95 info N/A
Options (Per Contract) info $0.65 $0.00
Futures (Per Contract) info $0.85 (Not offered)
Broker Assisted Trade Fee info Varies N/A
Margin Rates Interactive Brokers Robinhood
Margin Rate Under $25,000 info 7.33% info 5.75%
Margin Rate $25,000 to $49,999.99 info 7.33% info 5.75%
Margin Rate $50,000 to $99,999.99 info 7.33% info 5.55%
Margin Rate $100,000 to $249,999.99 info 7.33% info 5.25%
Margin Rate $250,000 to $499,999.99 info 7.33% info 5.25%
Margin Rate $500,000 to $999,999.99 info 7.33% info 5.25%
Margin Rate Above $1,000,000 info 7.33% info 5% info
Account Fees Interactive Brokers Robinhood
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $0.00
Account Transfer Out (Partial) info $0.00 $100.00
Account Transfer Out (Full) info $0.00 $100.00
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
Investment Options Interactive Brokers Robinhood
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info Yes Yes
OTC Stocks info Yes No
Options Trading info Yes Yes
Complex Options Max Legs info 6 4
Futures Trading info Yes No
Forex Trading info Yes No
Crypto Trading info Yes info Yes info
Crypto Trading - Total Coins info 4 info 22
Mutual Funds (No Load) info 10988 0
Mutual Funds (Total) info 11456 0
Bonds (US Treasury) info Yes No
Bonds (Corporate) info Yes No
Bonds (Municipal) info Yes No
Traditional IRAs info Yes Yes
Roth IRAs info Yes Yes
Advisor Services info No No
International Countries (Stocks) info 34 0
Order Types Interactive Brokers Robinhood
Order Type - Market info Yes Yes
Order Type - Limit info Yes Yes
Order Type - After Hours info Yes Yes
Order Type - Stop info Yes Yes
Order Type - Trailing Stop info Yes Yes
Order Type - OCO info Yes No
Order Type - OTO info Yes No
Order Type - Broker Assisted info Yes No
Beginners Interactive Brokers Robinhood
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Bonds) info Yes No
Education (Retirement) info Yes No
Retirement Calculator info Yes No
Investor Dictionary info Yes Yes
Paper Trading info Yes No
Videos info Yes No
Webinars info Yes Yes
Webinars (Archived) info Yes No
Progress Tracking info Yes No
Interactive Learning - Quizzes info Yes No
Stock Trading Apps Interactive Brokers Robinhood
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes Yes
Trading - Stocks info Yes Yes
Trading - After-Hours info Yes Yes
Trading - Simple Options info Yes Yes
Trading - Complex Options info Yes Yes
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info Yes Yes
Stock App Features Interactive Brokers Robinhood
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info Yes No
Videos on Demand info Yes No
Stock Alerts info Yes Yes
Option Chains Viewable info Yes Yes
Watch List (Real-time) info Yes Yes
Watch List (Streaming) info Yes Yes
Watch Lists - Create & Manage info Yes Yes
Watch Lists - Column Customization info Yes Yes
Stock App Charting Interactive Brokers Robinhood
Charting - After-Hours info Yes Yes
Charting - Can Turn Horizontally info Yes No
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 97 6
Charting - Study Customizations info Yes Yes
Charting - Stock Comparisons info No No
Trading Platforms Interactive Brokers Robinhood
Active Trading Platform info Trader Workstation (TWS) Robinhood Legend
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Web Trading Platform info Yes Yes
Paper Trading info Yes No
Trade Journal info Yes No
Watch Lists - Total Fields info 659 3
Stock Chart Features Interactive Brokers Robinhood
Charting - Adjust Trades on Chart info Yes Yes
Charting - Indicators / Studies info 155 16
Charting - Drawing Tools info 85 23
Charting - Notes info Yes Yes
Charting - Index Overlays info Yes Yes
Charting - Historical Trades info Yes No
Charting - Corporate Events info Yes No
Charting - Custom Date Range info Yes Yes
Charting - Custom Time Bars info Yes Yes
Charting - Automated Analysis info Yes No
Charting - Save Profiles info Yes Yes
Trade Ideas - Technical Analysis info Yes No
Charting - Study Customizations info 6 1
Charting - Custom Studies info No No
Day Trading Interactive Brokers Robinhood
Streaming Time & Sales info Yes No
Streaming TV info Yes No
Direct Market Routing - Stocks info Yes No
Ladder Trading info Yes Yes
Trade Hotkeys info Yes No
Level 2 Quotes - Stocks info Yes No info
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info Yes No
Short Locator info Yes No
Order Liquidity Rebates info Yes No
Research Overview Interactive Brokers Robinhood
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info Yes No
Research - Pink Sheets / OTCBB info Yes Yes
Research - Bonds info Yes No
Screener - Stocks info Yes Yes
Screener - ETFs info Yes No
Screener - Mutual Funds info Yes No
Screener - Bonds info Yes No
Misc - Portfolio Allocation info Yes No
Stock Research Interactive Brokers Robinhood
Stock Research - PDF Reports info 15 info 0 info
Stock Research - Earnings info Yes Yes
Stock Research - Insiders info Yes No
Stock Research - Social info Yes No
Stock Research - News info Yes Yes
Stock Research - ESG info Yes No
Stock Research - SEC Filings info Yes No
ETF Research Interactive Brokers Robinhood
ETFs - Strategy Overview info Yes Yes
ETF Fund Facts - Inception Date info Yes Yes
ETF Fund Facts - Expense Ratio info Yes Yes
ETF Fund Facts - Net Assets info Yes Yes
ETF Fund Facts - Total Holdings info Yes Yes
ETFs - Top 10 Holdings info Yes Yes
ETFs - Sector Exposure info Yes Yes
ETFs - Risk Analysis info Yes No
ETFs - Ratings info Yes No
ETFs - Morningstar StyleMap info Yes No
ETFs - PDF Reports info Yes No info
Mutual Fund Research Interactive Brokers Robinhood
Mutual Funds - Strategy Overview info Yes No
Mutual Funds - Performance Chart info Yes No
Mutual Funds - Performance Analysis info Yes No
Mutual Funds - Prospectus info Yes No
Mutual Funds - 3rd Party Ratings info Yes No
Mutual Funds - Fees Breakdown info Yes No
Mutual Funds - Top 10 Holdings info Yes No
Mutual Funds - Asset Allocation info Yes No
Mutual Funds - Sector Allocation info Yes No
Mutual Funds - Country Allocation info Yes No
Mutual Funds - StyleMap info Yes No
Options Trading Interactive Brokers Robinhood
Option Chains - Basic View info Yes Yes
Option Chains - Strategy View info Yes Yes
Option Chains - Streaming info Yes Yes
Option Chains - Total Columns info 40 17
Option Chains - Greeks info 5 5
Option Chains - Quick Analysis info Yes Yes
Option Analysis - P&L Charts info Yes Yes
Option Probability Analysis info Yes No
Option Probability Analysis Adv info Yes No
Option Positions - Greeks info Yes Yes
Option Positions - Greeks Streaming info Yes Yes
Option Positions - Adv Analysis info Yes No
Option Positions - Rolling info Yes Yes
Option Positions - Grouping info Yes Yes
Banking Interactive Brokers Robinhood
Bank (Member FDIC) info No No
Checking Accounts info No No
Savings Accounts info No No
Credit Cards info No Yes
Debit Cards info No Yes
Mortgage Loans info No No
Customer Service Interactive Brokers Robinhood
Phone Support (Prospect Customers) info Yes No
Phone Support (Current Customers) info Yes Yes
Email Support info Yes Yes
Live Chat (Prospect Customers) info No No
Live Chat (Current Customers) info Yes Yes
24/7 Support info No Yes
Overall Interactive Brokers Robinhood
Overall 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 3.5/5 Stars
Mobile Trading Apps 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 2/5 Stars
Education 5/5 Stars 4/5 Stars
Ease Of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review Interactive Brokers Review Robinhood Review
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