Jake Tech Lab

Robinhood vs Interactive Brokers

Robinhood comes out ahead of Interactive Brokers on 3 of the 6 things that decide this, going by what each company publishes and what independent review sites report. The one that matters for you may be one the leader loses.

RobinhoodWinner
Robinhood
7.2
Good
3 of 6 rounds
vs
Interactive Brokers
Interactive Brokers
7.1
Good
1 of 6 rounds

The verdict

Robinhood takes it, 3–1 on rounds.

On the published figures and the independent review sites, Robinhood takes 3 of 6 rounds. Treat that as a starting point and check the current figures on both pages, because prices and plans move.

Choose Robinhood if…

  • • You want Robinhood's edge on what an options contract costs and what customers say on trustpilot

Choose Interactive Brokers if…

  • • You want Interactive Brokers's edge on what stockbrokers.com scored it

Round by round

  1. Round 1What an options contract costsRobinhood wins
    Robinhood8/10

    0 cents

    no per-contract fee

    Source: westmountfundamentals.com ↗

    Interactive Brokers5/10

    65 cents

    per options contract

    • 65 cents, against 0 cents

    Source: stockbrokers.com ↗

    Robinhood wins this round on independent review-site data, not on its own claims.

  2. Round 2What StockBrokers.com scored itInteractive Brokers wins
    Robinhood5/10

    Not stated

    No StockBrokers.com rating, star rating, or award for Robinhood exists on official robinhood.com pages. Searched support-site queries (StockBrokers, StockBrokers.com, awards, rating, star rating — all

    • 3.5 out of 5 stars, against 5 out of 5 stars

    Source: stockbrokers.com ↗

    Interactive Brokers8/10

    5 out of 5 stars

    StockBrokers.com rating

    Source: stockbrokers.com ↗

    Interactive Brokers wins this round on independent review-site data, not on its own claims.

  3. Round 3What customers say on TrustpilotRobinhood wins
    Robinhood8/10

    3.9 out of 5

    TrustScore from 14,081 reviews on Trustpilot

    Source: trustpilot.com ↗

    Interactive Brokers5/10

    3.1 out of 5

    TrustScore from 5,511 reviews on Trustpilot

    • 3.1 out of 5, against 3.9 out of 5

    Source: trustpilot.com ↗

    Robinhood wins this round on independent review-site data, not on its own claims.

  4. Round 4What a stock trade costsTie
    Robinhood7/10

    $0

    US stock trades

    Source: work-club.com ↗

    Interactive Brokers7/10

    $0

    US stock trades on IBKR Lite

    Source: work-club.com ↗

    Nothing to separate them here.

  5. Round 5What it takes to open an accountTie
    Robinhood7/10

    $0

    no account minimum

    Source: work-club.com ↗

    Interactive Brokers7/10

    $0

    no account minimum

    Source: work-club.com ↗

    Nothing to separate them here.

  6. Round 6How many Trustpilot reviewsRobinhood wins
    Robinhood8/10

    14,081 reviews

    reviews on Trustpilot, rated 3.9 out of 5

    Source: trustpilot.com ↗

    Interactive Brokers5/10

    5,511 reviews

    reviews on Trustpilot, rated 3.1 out of 5

    • 5,511 reviews, against 14,081 reviews

    Source: trustpilot.com ↗

    Robinhood wins this round on independent review-site data, not on its own claims.

RobinhoodRobinhood
Interactive BrokersInteractive Brokers

Side by side

Interactive BrokersBest for what customers say on trustpilotInteractive Brokers
Overall score
7.2
Best
7.1
Price
See price
See price
What customers say on Trustpilot
8.0
7.5
What an options contract costs
7.8
6.3
What StockBrokers.com scored it
5.3
7.7
What a stock trade costs
7.0
7.0
What it takes to open an account
7.0
7.0
Head-to-head findings
What customers say on Trustpilot
3.9 out of 5
3.1 out of 5
What an options contract costs
0 cents
65 cents
What StockBrokers.com scored it
Not stated
5 out of 5 stars
What a stock trade costs
$0
$0
What it takes to open an account
$0
$0
How many Trustpilot reviews
14,081 reviews
5,511 reviews
What borrowing on margin costs
—
5.380%
Record
Head-to-head record
6–0
5–1
Head-to-heads won
100 %
83 %
Rounds won
47 %
36 %
Pros
    • IBKR Pro margin rate; tiered, so the same rate applies at 50,000 and 100,000 dollars
    • per options contract
    Cons
    • 3.5 out of 5 stars, against 5 out of 5 stars
    • 3.5 out of 5 stars, against 4.5 out of 5 stars
    • 65 cents, against 0 cents
    • 3.1 out of 5, against 3.9 out of 5
    • 5,511 reviews, against 14,081 reviews
    Add a third option to this comparison →

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