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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.
Broker 1
Broker 2
| VS field | ![]() | ![]() |
|---|---|---|
Decision summary | ||
| Overall score | 82 | 91 |
| Trust score | 84 | 100 |
| Cost score | 88 | 92 |
| Platform score | 94 | 92 |
| Withdrawal score | 89 | 89 |
| Best for | US beginner and intermediate investors · Mobile-first stock/ETF/options trading · Users wanting brokerage and crypto in one brand ecosystem | European self-directed investors seeking low-cost access to stocks and ETFs · Investors who prefer web/mobile platforms and exchange-traded products |
| Watch out | Needs verification | Needs verification |
Trust & regulation | ||
| Regulators | SEC/FINRA/SIPC for brokerage entities; CFTC/NFA for futures; NYDFS, FinCEN, and state money transmitter regulators for crypto. Source | Primarily supervised by BaFin and Bundesbank in Germany; Dutch branch registered with DNB and supervised by AFM and DNB. Source |
| License numbers | RHC NMLS ID 1702840; RHY NMLS ID 1990968; RHC New York Money Transmitter License MT104190 and Virtual Currency License 0000012. Other broker-dealer CRD/SEC registration numbers not verified from official sources in this pass. Source | Financial licence number not disclosed in reviewed official sources. Commercial registrations found: flatexDEGIRO Bank SE HRB 141330 on flatexDEGIRO Bank SE imprint; DEGIRO UK footer states HRB 105687; Dutch Branch KvK 82510245. Source |
| Regulated entities | RHF and RHS are registered broker-dealers/member SIPC; RAM is SEC-registered investment adviser; RHD is CFTC-registered FCM and NFA member; RHC is NMLS 1702840 and NYDFS virtual currency licensed. Source | DEGIRO is operated by flatexDEGIRO Bank Dutch Branch, a branch of flatexDEGIRO Bank SE; flatexDEGIRO Bank SE is a licensed German bank headquartered in Frankfurt am Main. Source |
| Negative balance protection | No negative balance protection verified; official margin and futures risk disclosures state customers can lose more than deposited/initial investment and can be responsible for deficits. Source | No negative balance protection found. Official account-profile page warns losses can exceed deposit and result in a negative Balance for derivatives, margin and short-selling services; margin profiles are legacy-only. Source |
| Investor compensation | RHF/RHS brokerage customers receive SIPC coverage; crypto and futures are not SIPC/FDIC protected; cash card funds at Sutton Bank may have FDIC pass-through coverage. Source | Cash in flatexDEGIRO Bank SE Cash Account protected up to €100,000 per customer under German Deposit Guarantee Scheme; investor compensation covers up to 90% of non-returned assets, max €20,000 per customer; UK FSCS does not apply. Source |
| Restricted countries | RHF does not offer foreign investment accounts; applicant generally needs US SSN, legal US residential address, and US citizenship/permanent residence/valid visa; OFAC/FATF high-risk restrictions apply. Source | Available via listed country selector in Europe/UK; US persons are not accepted; UK onboarding for new clients was temporarily unavailable on the reviewed UK page. Source |
Costs & account conditions | ||
| Minimum deposit | No general self-directed brokerage minimum deposit verified; crypto can start with $1; Robinhood Strategies minimum investment is $50; margin access requires $2,000 minimum portfolio value. Source | No fixed minimum deposit identified; DEGIRO homepage says users can add any amount of money to the account for free. Bank-account verification search result states minimum EUR 0.01 for linking a new bank account. Source |
| Spread from | Robinhood discloses crypto buy/sell spread exists, but no fixed minimum spread-from value was verified; stock/ETF spreads are market-dependent. Source | Not a quoted-spread CFD/FX broker field. DEGIRO discloses that bid-ask spreads are implicit market costs and not direct broker costs. Source |
| Commission | $0 commissions for US-listed and OTC securities and their options electronically; index options $0.50/contract non-Gold or $0.35/contract Gold; regulatory fees and other fees may apply. Source | Examples from UK fee page: US stocks €1 + €1 handling; LSE £1.75 + £1 handling; selected ETFs €0 + €1 handling; global ETFs €2 + €1 handling; options €0.75 commission. Currency, connectivity, external product and spread costs may apply. Source |
| Maximum leverage | No universal maximum leverage ratio disclosed. Securities margin borrowing depends on eligibility and account holdings; futures involve leverage and can lose more than initial investment; margin and futures requirements can change. Source | DEGIRO currently does not allow new changes to margin-trading profiles; legacy Active/Trader/Day Trader accounts may have Debit Money / derivatives risk but maximum leverage was not disclosed in reviewed sources. Source |
| Deposit fee | ACH and incoming wire deposits $0; instant bank transfer deposits $0; debit card deposits up to 1.75% (min $1, max $150); crypto receive no extra Robinhood fee. Source | No deposit fee disclosed on UK fee page and homepage; deposits listed as FEE €0 / no deposit-withdrawal fees. Source |
| Withdrawal fee | Standard ACH withdrawals $0; outgoing wire $25; instant withdrawals/debit card external withdrawals up to 1.75% (min $1, max $150); ACATS out $100; crypto sends incur network fees. Source | No withdrawal fee disclosed on UK fee page and homepage; withdrawals listed as FEE €0 / no deposit-withdrawal fees. Source |
| Inactivity fee | Robinhood Financial fee schedule lists inactive account fees as $0. Source | No inactivity fee; UK fee page lists inactivity fee as €0. Source |
Markets, platforms & payments | ||
| Tradable assets | Over 11,200 securities including most US stocks, ETFs, CEFs, options, ADRs, certain crypto, and futures products; managed portfolios use ETFs and stocks. Source | Shares, ETFs, bonds and derivatives such as options and futures; DEGIRO product pages also describe investment funds availability. Source |
| Trading platforms | Robinhood supports trading in-app, on web classic, and via Robinhood Legend for advanced trading features; feature availability can differ across platforms. Source | DEGIRO provides a web/desktop trading platform (Webtrader) and mobile apps for iOS and Android. Source |
| Account types | Individual/cash/margin investing, joint, traditional IRA, Roth IRA, managed accounts, futures, and crypto accounts are supported subject to eligibility. Source | DEGIRO account/profile types include Basic, Active, Trader, Day Trader and Custody. Active, Trader and Day Trader are legacy-only and new margin profiles are no longer available. Source |
| Deposit methods | Deposits can be made by bank transfer/ACH, instant bank transfer, debit card, internal Robinhood Banking transfer, wire, direct deposit, recurring deposits, and retirement transfers/rollovers depending on account type. Source | Manual bank transfer from a verified linked/reference bank account; deposits must use the account base currency. Source |
| Withdrawal methods | Withdrawals/transfers include ACH, instant debit/bank withdrawals, internal Robinhood Banking transfers, wires, ACATS for securities/cash, and supported crypto sends. Source | Withdrawals go back to the primary registered/linked bank account; only uninvested cash in the Cash Account can be withdrawn. Source |
| Withdrawal processing time | Standard bank deposits up to 4 business days, instant deposits may allow trading before full availability and can take up to 5 business days; debit transfers typically 30 minutes; managed withdrawals can take extra 2-3 days; crypto transfer timing varies by confirmations and review. Source | Withdrawals may take up to 2-4 working days; transfers can take up to 2-3 working days to complete. Source |
BrokerVS provides broker comparison research only. Scores and evidence can vary by country, account type, and legal entity; users should verify source links before opening an account.

