Scores, winners and data below compare these brokers as CFD brokers: leveraged trading on forex, indices, commodities and crypto. Scores, winners and data below compare these brokers as stock brokers: real shares and ETFs you own outright.
IG Markets
69% of retail investor accounts lose money when trading CFDs with this provider.
Robinhood
Your money is at risk
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 India.IG Markets is better than Robinhood for professional traders, high-volume traders and scalpers. Robinhood, on the other hand, is better for day traders, long-term investors and futures traders. Swing traders, crypto traders and options traders can choose either IG Markets or Robinhood.
| Overall score | IG Markets 87 not offered | Robinhood not offered 77 |
|---|---|---|
| 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, the FCA (United Kingdom) and the JFSA (Japan) and Robinhood by LB Lithuania, the SEC (United States) and the CFTC (United States).
| Section score | IG Markets 100 not offered | Robinhood not offered 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | 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 India.Both IG Markets and Robinhood offer segregated client funds and two-factor authentication. IG Markets is also a licensed bank. Robinhood also offers an investor compensation scheme and additional money insurance.
| Section score | IG Markets 78 not offered | Robinhood not offered 87 |
|---|---|---|
| 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 | Commonwealth Bank|Westpac|HSBC | Sutton Bank |
| Brand power | ||
| Number of customers worldwide i | 820,000 | 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 India, both on each trade and on holding the account.Robinhood does not offer CFDs, being a stockbroker, so IG Markets and Robinhood cannot be compared for CFD costs.
Only Robinhood can be assessed for real stock costs, since IG Markets is a CFD broker and does not offer real stocks.
| Section score | IG Markets 67 not offered | Robinhood not offered 87 |
|---|---|---|
| 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 | Free | |
| 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 8.6 | |
| S&P 500 fees (CFD) i | 0.4 points | |
| Gold fees (CFD) i | 0.3 points | |
| Bitcoin fees (CFD) i | USD 45 | USD 0.0004 |
| US stocks fees (CFD) i | USD 0.02 | Free |
| Fees on stocks | ||
| Stock fee type i | Commission | |
| US stocks fees (real) i | Free | |
| ETF fees (real) i | ||
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | USD 2 | USD 0.75 |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | USD 2 | USD 0.5 |
| 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 India, and of how many instruments each one gives access to.There is no like-for-like comparison for CFD markets, as Robinhood is a stockbroker and does not offer CFDs.
Robinhood and IG Markets cannot be set side by side for real stock markets, as IG Markets is a CFD broker and does not offer real stocks, unlike Robinhood.
| Section score | IG Markets 100 not offered | 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, Forex, Indices, Stocks | |
| Futures i | Commodities, Crypto, Indices | |
| Options i | Commodities, Forex, Indices, Stocks | Indices |
| Assets you can own i | Crypto, ETF, Stocks |
Platform
What we compare A comparison of the trading platforms that IG Markets and Robinhood make available to their clients in India.Robinhood does not offer CFDs, being a stockbroker, so IG Markets and Robinhood cannot be compared for platforms.
Only Robinhood can be assessed for platforms, since IG Markets is a CFD broker and does not offer real stocks.
| Section score | IG Markets 91 not offered | Robinhood not offered 68 |
|---|---|---|
| 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 India, and of what each one lets you do from your phone.Robinhood does not offer CFDs, being a stockbroker, so IG Markets and Robinhood cannot be compared for mobile trading.
IG Markets does not offer real stocks, being a CFD broker, so Robinhood and IG Markets cannot be compared for mobile trading.
| Section score | IG Markets 93 not offered | Robinhood not offered 74 |
|---|---|---|
| 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 India.IG Markets and Robinhood cannot be compared for CFD trading features, because IG Markets is a CFD broker while Robinhood is a stockbroker.
There is no like-for-like comparison for real stock trading features, as IG Markets is a CFD broker and does not offer real stocks.
| Section score | IG Markets 89 not offered | Robinhood not offered 53 |
|---|---|---|
| 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 | 200:1 | |
| Minor/Exotic FX pairs leverage i | 133:1 | 0:1 |
| Major indices leverage i | 200:1 | 0:1 |
| Minor indices leverage i | 200:1 | 0:1 |
| Gold leverage i | 200:1 | |
| Commodities leverage i | 67:1 | |
| Equities leverage i | 20:1 | 2:1 |
| Cryptocurrency leverage i | 10:1 | |
| 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 India, and of who each one is meant for.IG Markets and Robinhood cannot be set side by side for CFD account types, as Robinhood is a stockbroker and does not offer CFDs, unlike IG Markets.
IG Markets does not offer real stocks, being a CFD broker, so Robinhood and IG Markets cannot be compared for real stock account types.
| Section score | IG Markets 48 not offered | Robinhood not offered 44 |
|---|---|---|
| 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 India.There is no like-for-like comparison for account opening, as Robinhood is a stockbroker and does not offer CFDs.
Robinhood and IG Markets cannot be set side by side for account opening, as IG Markets is a CFD broker and does not offer real stocks, unlike Robinhood.
| Section score | IG Markets 70 not offered | 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 | ||
| Local payment methods i | ||
| Account base currencies i | AUD, EUR, GBP, HKD, SGD, USD | 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 India, in how it can be reached and how fast it answers.Robinhood does not offer CFDs, being a stockbroker, so IG Markets and Robinhood cannot be compared for customer care.
Since Robinhood is a stockbroker and IG Markets is a CFD broker, the two cannot be compared for customer care.
| Section score | IG Markets 87 not offered | Robinhood not offered 42 |
|---|---|---|
| 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 India.Since IG Markets is a CFD broker and Robinhood is a stockbroker, the two cannot be compared for learning.
Since Robinhood is a stockbroker and IG Markets is a CFD broker, the two cannot be compared for learning.
| Section score | IG Markets 100 not offered | Robinhood not offered 70 |
|---|---|---|
| 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?
CFD Choose IG Markets, regulated by the FCA and BaFin, if you want a forex brokerage service for scalping and automated trading, with a guaranteed stop loss.
Open Account 69% of retail investor accounts lose money when trading CFDs with this provider.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.