Written by StockBrokers.com
In this head to head comparison of Interactive Investor vs Robinhood UK, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, Interactive Investor offers better pricing than Robinhood UK for share dealing.
Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.
5 trades per year - Interactive Investor would cost £79.83 per year, while Robinhood UK would cost £0 per year.
12 trades per year - Interactive Investor would cost £59.88 / £107.76 per year, while Robinhood UK would cost £0 per year.
36 trades per year - Interactive Investor would cost £59.88 / £203.52 per year, while Robinhood UK would cost £0 per year.
120 trades per year - Interactive Investor would cost £59.88 / £538.68 per year, while Robinhood UK would cost £0 per year.
3 fund trades per year - Interactive Investor would cost £0 per year, while Robinhood UK would cost £0 per year.
What type of trader are you?
New to the world of investing? See our picks for the Best UK Trading Platforms for Beginners. More experienced traders should read our guide to the Best UK Trading Platforms for Active Traders.
Interactive Investor and Robinhood UK both cater to investors looking for share trading options. However, their range of investment choices reveals significant differences. Interactive Investor provides a comprehensive array of trading opportunities, including ETFs, funds, corporate bonds, government bonds (gilts), and investment trusts. In contrast, Robinhood UK is limited in its offerings and does not provide access to these investment vehicles. Neither platform supports crypto trading, spread betting, or CFD trading, and both lack advisory services.
Reflecting the broader selection available on Interactive Investor, UK.StockBrokers.com rates it highly with 5 stars for investment choices, ranking it at number five out of eighteen brokers. Robinhood UK, meanwhile, garners a more modest 3-star rating and is not ranked among the top brokers due to its limited options. The distinction highlights Interactive Investor's appeal to those seeking diversity in their investment portfolio, while Robinhood UK might suit beginners primarily interested in share trading.
| Feature |
Interactive Investor
|
Robinhood UK
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | No | No |
| ETFs | Yes | No |
| Funds | Yes | No |
| Bonds - Government (Gilts) | Yes | No |
| Investment Trusts | Yes | No |
| Spread Betting | No | No |
| Crypto Trading | No | No |
| Advisor Services | No | No |
| Investment Choices |
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Professional’s Gateway to the World’s Markets.
Low-cost US and UK shares.
Interactive Investor stands out as a robust choice for traders looking for comprehensive charting tools and analysis capabilities. It offers the ability to display key corporate events such as earnings, splits, and dividends directly on charts, and users can make use of 18 different drawing tools alongside a vast library of 104 technical indicators. In addition, traders can add notes, index overlays, and stock overlays to their charts, providing an inclusive trading experience. Interactive Investor ensures that you stay informed and ready to act with features like a browser-based trading platform, stock price alerts, and access to real-time market data.
On the other hand, Robinhood UK provides a more straightforward approach for traders who may not require extensive charting capabilities. While Robinhood UK also offers a browser-based platform and real-time market data, its charting tools are limited in comparison. The platform does not currently offer drawing tools, chart notes, or index and stock overlays, and it features only three technical indicators without the ability to display corporate events on the charts. However, Robinhood UK ensures essential functionalities with its ability to set stock price alerts, catering to users who prefer simplicity and ease in their trading activities.
| Feature |
Interactive Investor
|
Robinhood UK
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 104 | 3 |
| Charting - Drawing Tools | 18 | 0 |
| Charting - Notes | Yes | No |
| Charting - Display Corporate Events | Yes | No |
| Charting - Stock Overlays | Yes | No |
| Charting - Index Overlays | Yes | No |
When choosing an online broker for retirement savings, it's important to compare the features offered by each. Interactive Investor stands out by offering both ISA and SIPP accounts, making it a versatile choice for UK investors seeking tax-efficient investment opportunities and retirement planning options. In contrast, Robinhood UK does not currently offer ISA or SIPP accounts, limiting its appeal for those specifically looking to manage retirement funds. For UK-based investors focused on building a retirement portfolio, Interactive Investor provides more comprehensive account options compared to Robinhood UK.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
When comparing the mobile app offerings of Interactive Investor and Robinhood UK, both brokers provide apps for iPhone and Android users, ensuring easy access to trading on the go. Interactive Investor's mobile app is highly rated at 4.5 stars by UK.StockBrokers.com, ranking it 12th out of 18 brokers for mobile apps, indicating strong performance and user satisfaction. Robinhood UK’s app, albeit not ranked, is still well-received with a 4-star rating. Both platforms offer convenient mobile solutions, though Interactive Investor slightly edges out in terms of user ratings and industry recognition.
Dive deeper: Best Stock Trading Apps UK.
When comparing the beginner investor educational resources of Interactive Investor and Robinhood UK, Interactive Investor stands out with a comprehensive array of learning tools. It offers live and on-demand educational webinars, covering essential topics like share trading, funds, and retirement planning. In contrast, Robinhood UK lacks webinars, both live and archived, focusing only on share trading education with no resources for funds or retirement. According to UK.StockBrokers.com, Interactive Investor achieves a perfect 5-star rating and holds the top rank among 18 brokers for beginner education, while Robinhood UK earns a respectable 3.5-star rating but isn't ranked. Beginners looking for robust educational support may find Interactive Investor more suited to their learning needs.
| Feature |
Interactive Investor
|
Robinhood UK
|
|---|---|---|
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Education (Share Trading) | Yes | Yes |
| Education (Funds) | Yes | No |
| Education (Retirement) | Yes | No |
| Education |
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|
Dive deeper: Best UK Trading Platforms for Beginners.
When comparing the market research features of Interactive Investor and Robinhood UK, several distinctions emerge. Interactive Investor offers a comprehensive suite of research tools, including research reports for funds, as well as the ability to view portfolio allocation by asset class. It also provides research on shares, ETFs, funds, and bonds. In contrast, while Robinhood UK supplies research on shares and ETFs, it does not offer research reports for funds, bonds, or insight into portfolio allocation by asset class. Additionally, neither platform offers research on CFDs. Overall, Interactive Investor stands out for those seeking more in-depth market research tools.
| Feature |
Interactive Investor
|
Robinhood UK
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | No | No |
| Research - ETFs | Yes | Yes |
| Research - Bonds | Yes | No |
| Research - Funds | Yes | No |
| Fund Research - Research Reports | Yes | No |
| Portfolio Allocation Breakdown | Yes | No |
Which broker is better overall, Interactive Investor or Robinhood UK? After collecting more than 900 data points over a 10-week period, we found Interactive Investor to be a better trading platform overall.
The standout feature at Interactive Investor (ii) is its low flat-rate fees. Other investment platforms typically favour percentage fees for fund investing, although more brokers are now opting for flat fees. Our view is that Interactive Investor is a great platform for any investor, offering a wide range of investments for cheap prices on the whole.
| Feature |
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Robinhood UK
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While both Interactive Investor and Robinhood UK do not provide crypto trading options, investors may need to explore alternative platforms for cryptocurrency trading opportunities.
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0 of 5| Overall Rating | Interactive Investor | Robinhood UK | |
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| Review | Interactive Investor Review | Robinhood UK Review | |
| Winner | check_circle |
| Investments | Interactive Investor | Robinhood UK | |
|---|---|---|---|
| ISA | Yes | No | |
| SIPP | Yes | No | |
| Share Trading | Yes | Yes | |
| CFD Trading | No | No | |
| Funds | Yes | No | |
| ETFs | Yes | No | |
| Bonds - Corporate | Yes | No | |
| Bonds - Government (Gilts) | Yes | No | |
| Investment Trusts | Yes | No | |
| Spread Betting | No | No | |
| Crypto Trading | No | No | |
| Advisor Services | No | No |
| Trading Fees | Interactive Investor | Robinhood UK | |
|---|---|---|---|
| Minimum Deposit | £0 | £0 | |
| Share Trading: 0-9 Deals/ Month | £3.99 | £0 | |
| Share Trading: 10-19 Deals/ Month | £3.99 | £0 | |
| Share Trading: 20+ Deals/ Month | £3.99 | £0 | |
| 5 trades per year (£30k portfolio) | £79.83 | £0 | |
| 12 trades per year (£30k portfolio) | £59.88 / £107.76 | £0 | |
| 36 trades per year (£30k portfolio) | £59.88 / £203.52 | £0 | |
| 120 trades per year (£30k portfolio) | £59.88 / £538.68 | £0 | |
| 3 fund trades per year (£30k portfolio) | £71.85 | N/A | |
| Annual Custody Fee: £0 - £250,000 | £59.88 - £143.88 | £0 | |
| Annual Custody Fee: £250K-£500K | £143.88 | £0 | |
| Annual Custody Fee: £500,000 - £1m | £143.88 | £0 | |
| Annual Custody Fee: £1m and over | £143.88 | £0 | |
| Bonds - Corporate - Fee | £3.99 | N/A | |
| Bonds - Government (Gilts) - Fee | £3.99 | N/A | |
| ETFs - Fee | £3.99 | £0 | |
| Investment Trusts - Fee | £3.99 | N/A | |
| Telephone Dealing Fee | £49 | N/A |
| Broker Screenshots | Interactive Investor | Robinhood UK | |
|---|---|---|---|
| Website Gallery (click to expand) |
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| Mobile Trading Apps Gallery (click to expand) |
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| Education Gallery (click to expand) |
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| Platforms & Tools | Interactive Investor | Robinhood UK | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 104 | 3 | |
| Charting - Drawing Tools | 18 | 0 | |
| Charting - Notes | Yes | No | |
| Charting - Display Corporate Events | Yes | No | |
| Charting - Stock Overlays | Yes | No | |
| Charting - Index Overlays | Yes | No |
| Research | Interactive Investor | Robinhood UK | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | No | No | |
| Research - Funds | Yes | No | |
| Fund Research - Research Reports | Yes | No | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | Yes | No | |
| Portfolio Allocation Breakdown | Yes | No |
| Education | Interactive Investor | Robinhood UK | |
|---|---|---|---|
| Education (Share Trading) | Yes | Yes | |
| Education (Funds) | Yes | No | |
| Education (Retirement) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No |
| Overall Summary | Interactive Investor | Robinhood UK | |
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| Review | Interactive Investor Review | Robinhood UK Review | |
| Winner | check_circle |
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