Finder makes money from featured partners, but editorial opinions are our own.

5 Moomoo Alternatives to Try in 2026

Moomoo offers commission-free trades, but these 5 alternatives may offer more investment options.

Matt Miczulski's headshot

By

Matt Miczulski

Updated

Fact checked

Moomoo packs in powerful research tools and commission-free trading, but it’s not the right fit for everyone. If you want retirement accounts, a broader range of tradable assets or hands-on customer support, these five brokers cover what Moomoo leaves out.

Moomoo alternatives

SoFi Invest

SoFi Active Invest

9 Excellent

Get up to $1,000 in stock when you open and fund a new account. T&Cs apply.
Go to site
Read review
Moomoo works well for active traders, but it has little to offer anyone who'd rather manage their whole financial life — banking, investing, crypto and loans — from a single app. SoFi Invest® fills that gap. It's built to be beginner-friendly, though it's grown up over time: analyst ratings, bull/bear sentiment breakdowns and earnings data are now built in for more research-minded users. Every SoFi member also gets a complimentary 30-minute session with a certified financial planner, something Moomoo has no equivalent for — that session was easy to set up and genuinely useful for working through questions I hadn't gotten clarity on elsewhere.
$150
Finder Reward
Get $150 from Finder Become a Finder member, then open a new SoFi Active Invest account through Finder as a first-time customer, and make an Eligible First Deposit of $1,250 or more within 5 days of clicking the Finder link. Keep your account open. Offer ends November 30, 2026.
Separate T&Cs and limits apply.
Annual fee $0 per month
Minimum deposit $0
Signup bonus Get up to $1,000 in stock

Webull

Webull

9.4 Excellent

Get 12 free shares by joining Webull. Select Go to site, then make a first deposit of $100 or more to get 10+2 free shares, each worth $3-$300, randomly drawn from the pool of NVDA, TSLA, SPCX and AAPL, minimum $36 in the pocket, plus 1-month complimentary Webull premium. T&Cs apply.
Go to site
Read review
Webull matches Moomoo on commission-free stocks, ETFs and equity options with no per-contract fees, then goes further on account types and asset variety. It adds futures, bonds and traditional, Roth and rollover IRAs with a 3.5% contribution match through Webull Premium. Add paper trading so new traders can practice with virtual money before risking their own. My first impression of Webull was that the interface felt overwhelming — there's a lot packed into every screen — but spend some time in it and a different picture emerges: I struggled to find something it couldn't do.
$160
Finder Reward
Get up to $160 from Finder Become a Finder member, then open a new Webull account through Finder as a first-time customer and make an Eligible First Deposit of $100 to $999.99 for a $20 reward, or $1,000+ for a $160 reward. Keep your deposit in your account until February 1, 2027. Offer ends December 9, 2026 at 11:59 PM ET.
Separate T&Cs and limits apply.
Annual fee $0 per month
Minimum deposit $0
Signup bonus Get 12 free shares by joining Webull

For a full head-to-head, see our Moomoo vs. Webull comparison.

Robinhood

Robinhood

9.4 Excellent

Read review
Robinhood covers the same commission-free stocks, ETFs and options as Moomoo, and adds crypto trading with some of the lowest spreads around (0.40%-0.85%). It also offers what Moomoo doesn't: IRAs with up to a 3% contribution match through Robinhood Gold, and managed portfolios via Robinhood Strategies for hands-off investors. Its free Legend platform has closed much of the research-tools gap too, adding advanced charting, technical indicators and futures trading at no extra cost. I use Robinhood as my own primary broker, and it feels like what you'd expect if Apple decided to build a trading app.
Annual fee $0 per year
Minimum deposit $0
Signup bonus N/A

For a full head-to-head, see our Moomoo vs. Robinhood comparison.

Fidelity

Fidelity Investments

9.2 Excellent

Read review
Fidelity Investments picks up nearly everything Moomoo drops: bonds, thousands of mutual funds (including several with a 0% expense ratio), retirement and custodial accounts, and a robo-advisor with no advisory fee under $25,000. It was also the first major traditional broker to offer direct crypto trading, and remains one of the only brokers that lets you trade crypto inside an IRA, with 24/7 customer support that's a genuine step up from Moomoo's more limited hours. Fidelity's app is easy to navigate, but you can tell it's not a mobile-first broker — it feels like a traditional brokerage that built a mobile app, rather than the reverse.
Annual fee $0 per year
Minimum deposit $0
Signup bonus N/A

Charles Schwab

Charles Schwab

9.4 Excellent

Read review
Charles Schwab is a full-service broker built for every kind of investor, from first-timers to advanced traders on the renowned thinkorswim platform. Like Moomoo, it offers commission-free stocks, options and ETFs — but its lineup also includes $0-commission Schwab mutual funds, a full set of account types including IRAs, a no-advisory-fee robo-advisor and access to human financial advisors, none of which Moomoo offers. I've been with Schwab through three different brokers — I started as a Scottrade customer, moved to TD Ameritrade when it acquired Scottrade, then became a Schwab customer when Schwab acquired TD. It's my secondary broker today.
Annual fee $0 per month
Minimum deposit $0
Signup bonus Get a $101 bonus

Pros and cons of Moomoo

Moomoo appeals to tech-savvy, active traders, but it has real limitations. Weigh these before deciding to open or keep a Moomoo account.

Pros

  • Commission-free stock, ETF and options trades
  • No per-contract fees on options
  • Paper trading with $1 million in virtual currency
  • High-yield cash account

Cons

  • Limited tradable assets
  • No robo-advisor
  • Limited account types, with no IRAs

How to transfer your brokerage account

Switching brokers is a fairly standard process, though the exact steps depend on where you’re coming from and where you’re headed. Moomoo charges a flat $75 fee to transfer your entire account out to another broker.
Moomoo uses the , so expect a process like this:

  1. Get a statement from your current broker with your account number and a list of your assets.
  2. Open the same type of account with your new broker — for example, an individual brokerage account should go to another individual brokerage account.
  3. Fill out a transfer initiation or ACAT form with your new broker.
  4. Your current broker validates the form or requests more information within three business days.
  5. Your old broker completes the transfer and moves your funds within six business days.

Note: some brokers won’t accept another broker’s proprietary funds, so you may not be able to transfer mutual funds or ETFs your old broker manages directly.

Compare trading platforms

9 of 9 results
Finder Score Available asset types Stock trade fee Minimum deposit Cash sweep APY
9 Excellent
Stocks, Options, Mutual funds, ETFs, Alternatives
$0
$0
0.01%
$150$150 Reward

Finder Rewards: Join Finder then open a new SoFi Active Invest account through Finder as a first-time customer, and make an Eligible First Deposit of $1,250 or more within 5 days of clicking the Finder link. Keep your account open to receive a $150 digital Visa gift card. Ends 30 Nov 2026. T&Cs apply.

Get up to $1,000 in stock when you open and fund a new account. T&Cs apply.
Trade stocks, ETFs, and options with zero commissions, invest in IPOs or automate your portfolio, with exclusive perks available through SoFi Plus.
Important information
INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA (www.finra.org) /SIPC(www.sipc.org). There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event. Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options Utilizing a margin loan is generally considered more appropriate for experienced investors as there are additional costs and risks associated. It is possible to lose more than your initial investment when using margin. Please see https://www.sofi.com/wealth/assets/documents/brokerage-margin-disclosure-statement.pdf for detailed disclosure information SoFi Plus members can schedule an unlimited number of appointments with a financial planner during periods in which the SoFi Plus member meets the eligibility criteria set forth in section 10(a) of the SoFi Plus Terms and Conditions. SoFi members who are not members of SoFi Plus can schedule one (1) appointment with a financial planner. The ability to schedule appointments is subject to financial planner availability. SoFi reserves the right to change or terminate this benefit at any time with or without notice. Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth's advisory operations, services, and fees is set forth in SoFi Wealth's current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov. The probability of a member receiving $1,000 is 0.028%. If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Members must fund their account with a minimum of $50.00 to qualify. The probability percentage is subject to decrease. Members are only eligible for the Stock Award promotion upon opening their first brokerage account; subsequent cash brokerage accounts are ineligible for the promo, including for members with multiple accounts. Terms and conditions apply*. For 401k rollovers, existing SoFi IRA members must complete 401k rollovers via this link For SoFi members without a SoFi IRA, a SoFi IRA must first be opened, and 401k rollover must be completed utilizing Capitalize via this link. SoFi and Capitalize will charge no additional fees to process a 401(k) rollover to a SoFi IRA. SoFi is not liable for any costs incurred from the existing 401k provider for rollover. Please check with your 401k provider for any fees or costs associated with the rollover. For IRA contributions, only deposits made via ACH and cash transfer from SoFi Bank accounts are eligible for the match. Click here for the 1% Match terms and conditions. Must be a SoFi Plus member at the time a recurring deposit is received into your SoFi Active or Automated investing account to qualify. Bonus calculated on net monthly recurring deposits made via ACH and paid out as Rewards Points. See Rewards Terms of Service. SoFi reserves the right to change or terminate this promotion at any time without notice. See terms and limitations. https://www.sofi.com/sofiplus/invest/#disclaimers
Go to site View details
9.4 Excellent
Stocks, Bonds, Options, ETFs, Futures, Money market funds
$0
$0
3.35%
$160Up to $160 Reward

Finder Rewards: Join Finder then open a new Webull account through Finder as a first-time customer. Make a single first deposit of $100–$999.99 to get a $20 digital Visa gift card, or $1,000 or more to get a $160 digital Visa gift card. Keep your deposit in your account until Feb 1, 2027 (you're free to trade with it) to receive up to a $160 digital Visa gift card. Ends 9 Dec 2026. T&Cs apply.

Get 12 free shares by joining Webull. Select Go to site, then make a first deposit of $100 or more to get 10+2 free shares, each worth $3-$300, randomly drawn from the pool of NVDA, TSLA, SPCX and AAPL, minimum $36 in the pocket, plus 1-month complimentary Webull premium. T&Cs apply.
Trade stocks, ETFs and equity options commission-free, with access to futures, advanced charting tools, a robo-advisor and event trading powered by Kalshi.
Important information
*Free shares will be validated in 10 days and no withdraw is allowed during this period. Partner deal only, sign up and join via non-affiliate link shall only receive 10 free shares
Go to site View details
9 Excellent
Stocks, Bonds, Options, ETFs, Cryptocurrency, Treasury Bills, High-yield cash account
$0
$0
3.30%
Earn a 1% match on IRA contributions and rollovers. Must stay 5 years to avoid a clawback fee
Build a diversified portfolio of stocks, bonds, options, ETFs and crypto, with a high-yield cash account and options contract rebates.
Important information
High-yield cash account 3.30% APY as of 06/11/2026.
Go to site View details
eToro logo
8.2 Great
etoro
8.2 Great
Stocks, Options, ETFs, Cryptocurrency, Investments
$0
$0
3.25%
$200$200 Reward

Finder Rewards: Join Finder then open a new etoro account through Finder as a first-time customer, deposit at least $1,000 and keep it in your account until January 29, 2027 to receive a $200 digital Visa gift card. Ends 15 Dec 2026. T&Cs apply.

Get up to $500 in free assets plus up to $300 in crypto when you open, verify and fund a new account. Bonus amounts depend on your deposit. T&Cs apply.
No commission stock, ETF and options trades, with 3.25% interest on your options account balance and no options contract fees. See full disclosure.
Important information
etoro securities trading offered by etoro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finder is not an affiliate and may be compensated if you access certain products or services offered by the BD. etoro USA LLC and etoro USA Securities Inc.; Investing involves risk, including loss of principal; Not a recommendation
Go to site View details
Zacks Trade logo
8.2 Great
Zacks Trade
8.2 Great
Stocks, Bonds, Options, Mutual funds, ETFs, CDs
$0.01
$250
2.83%
Leverage powerful trading tools and low margin rates to trade stocks, options, ETFs, mutual funds and bonds.
Go to site View details
JPMorgan logo
8.4 Great
J.P. Morgan Self-Directed Investing
8.4 Great
Stocks, Bonds, Options, Mutual funds, ETFs, Treasury Bills
$0
$0
0.01%
Get a cash bonus up to $1,000 when you open and fund a J.P. Morgan Self-Directed Investing account. T&Cs apply.
Get $0 commission online trades.
Important information
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Go to site View details
Wealthfront logo
9 Excellent
Wealthfront
9 Excellent
Stocks, ETFs, High-yield cash account
$0
$500
3.30%
Get a $50 bonus when you sign up and fund a taxable automated investing account with at least $500. T&Cs apply.
Automate your stock and bond portfolio or trade individual stocks for as little as $1 apiece. Plus, earn 3.50% APY on your cash.
Go to site View details
Moomoo logo
9 Excellent
Moomoo
9 Excellent
Stocks, Options, ETFs, Cryptocurrency
$0
$0
3.35%
Up to $1,000 in Nvidia stock plus 8.1% APY on uninvested cash for 2 months, then it reverts to 3.35% APY. T&Cs apply.
No commission stock, ETF and options trades, with $0 equity options contract fees, low margin rates and advanced trading tools.
View details
Robinhood logo
9.4 Excellent
Robinhood
9.4 Excellent
Stocks, Options, ETFs, Cryptocurrency, Futures, Event contracts, High-yield cash account
$0
$0
3.60%
Trade stocks, options, crypto and more, with advanced trading tools, fractional shares and exclusive perks for Gold members.
View details
loading
Showing 9 of 9 results

What is the Finder Score?

The Finder Score crunches 147 key metrics we collected directly from 18+ brokers and assessed each provider’s performance based on eight different categories, weighing each metric based on the expertise and insights of Finder’s investment experts. We then scored and ranked each provider to determine the best brokerage accounts.

We update our best picks as products change, disappear or emerge in the market. We also regularly review and revise our selections to ensure our best provider lists reflect the most competitive available.

Read the full Finder Score breakdown

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Matt Miczulski's headshot
Written by

Investments editor and market analyst
Add to Preferred Sources

Matt Miczulski is an investments editor and market analyst at Finder. With over 450 bylines, Matt dissects and reviews brokers and investing platforms to expose perks and pain points, explores investment products and concepts and covers market news, making investing more accessible and helping readers to make informed financial decisions. Before joining Finder in 2021, Matt covered everything from finance news and banking to debt and travel for FinanceBuzz. His expertise and analysis on investing and other financial topics has been featured on Yahoo Finance, CBS, MSN, Best Company and Consolidated Credit, among others. Matt holds a BA in history from William Paterson University. See full bio

Matt's expertise
Matt has written 295 Finder guides across topics including:
  • Trading and investing
  • Broker and trading platform reviews
  • Money management
More resources on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More guides on Finder

Go to site