9 Robinhood Alternatives

Best for: Multi-asset investors and global market access.

Interactive Brokers is what you graduate to when Robinhood feels too narrow. The breadth is unmatched on this list — 170+ global markets, every major asset class, and the most powerful desktop platform of any broker we reviewed. IBKR Pro's margin rates are consistently the lowest in the industry. The tradeoff is real: a steeper learning curve than Robinhood and customer service that's widely reported as hard to reach.

What Robinhood doesn't have: Direct trading on 170+ global markets, mutual funds, individual bonds, forex and precious metals.

• Why we like it

  Best for: Multi-asset investors and global market access.

  Interactive Brokers is what you graduate to when Robinhood feels too narrow. The breadth is unmatched on this list — 170+ global markets, every major asset class, and the most powerful desktop platform of any broker we reviewed. IBKR Pro's margin rates are consistently the lowest in the industry. The tradeoff is real: a steeper learning curve than Robinhood and customer service that's widely reported as hard to reach.

  What Robinhood doesn't have: Direct trading on 170+ global markets, mutual funds, individual bonds, forex and precious metals.

• Pros and cons

  Pros

  • Trade 10+ asset classes across 170+ global markets
  • Industry-low margin rates with IBKR Pro
  • Multiple trading platforms including Trader Workstation
  • $0 commission US stocks and ETFs on IBKR Lite

  Cons

  • Steeper learning curve than Robinhood
  • Customer support reputation is poor
  • $10,000 balance required to earn interest on cash with IBKR Lite

• More details

  Available asset types	Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency, Futures, Forex, Treasury Bills, Precious metals
  Account types	Brokerage
  Annual fee	$0 per year
  Minimum deposit	$0
  Signup bonus	N/A
  Cash sweep APY	2.14%

Best for: Traders who want thinkorswim and a full-service brokerage.

Schwab inherited thinkorswim when it acquired TD Ameritrade, and it's still the most established advanced trading platform in the industry — 400+ technical studies, strategy backtesting, paper trading, free Level 2 quotes and custom scanners. Robinhood Legend has closed some of the gap with AI-powered Cortex indicators, but thinkorswim still has more depth. Beyond the platform, Schwab gives you the breadth of a full-service brokerage: mutual funds, fixed income, 529 plans and access to certified financial planners.

What Robinhood doesn't have: thinkorswim with 400+ studies and paper trading, plus mutual funds, individual bonds and 529 plans.

• Why we like it

  Best for: Traders who want thinkorswim and a full-service brokerage.

  Schwab inherited thinkorswim when it acquired TD Ameritrade, and it's still the most established advanced trading platform in the industry — 400+ technical studies, strategy backtesting, paper trading, free Level 2 quotes and custom scanners. Robinhood Legend has closed some of the gap with AI-powered Cortex indicators, but thinkorswim still has more depth. Beyond the platform, Schwab gives you the breadth of a full-service brokerage: mutual funds, fixed income, 529 plans and access to certified financial planners.

  What Robinhood doesn't have: thinkorswim with 400+ studies and paper trading, plus mutual funds, individual bonds and 529 plans.

• Pros and cons

  Pros

  • thinkorswim platform with 400+ studies, backtesting and paper trading
  • Free access to top-tier research
  • Full account-type lineup including 529s and full IRA types
  • 24/7 phone support and branch network

  Cons

  • No crypto trading
  • Higher standard margin rates than Robinhood Gold
  • Low interest on default cash sweep

• More details

  Available asset types	Stocks, Bonds, Options, Mutual funds, ETFs, Futures, Treasury Bills
  Account types	Brokerage, Education (529), Custodial, Joint brokerage, Trust
  Annual fee	$0 per month
  Minimum deposit	$0
  Signup bonus	Get a $101 bonus
  Cash sweep APY	0.45%

Best for: A comprehensive all-around Robinhood alternative.

Fidelity is what most full-service brokers aspire to be. It matches Robinhood on the basics and goes substantially further on almost everything else — 10,000+ mutual funds (more than 3,000 with no transaction fee), corporate and Treasury bonds, CDs and international stock trading in 25+ markets. The full IRA lineup includes SIMPLE and Inherited. Research is a standout: free reports from 20+ providers including Argus, Zacks, Morningstar and Fidelity's own equity research team. 24/7 phone support and a national branch network round it out.

What Robinhood doesn't have: 10,000+ mutual funds, individual bonds and CDs, plus a full IRA lineup including SIMPLE and Inherited.

• Why we like it

  Best for: A comprehensive all-around Robinhood alternative.

  Fidelity is what most full-service brokers aspire to be. It matches Robinhood on the basics and goes substantially further on almost everything else — 10,000+ mutual funds (more than 3,000 with no transaction fee), corporate and Treasury bonds, CDs and international stock trading in 25+ markets. The full IRA lineup includes SIMPLE and Inherited. Research is a standout: free reports from 20+ providers including Argus, Zacks, Morningstar and Fidelity's own equity research team. 24/7 phone support and a national branch network round it out.

  What Robinhood doesn't have: 10,000+ mutual funds, individual bonds and CDs, plus a full IRA lineup including SIMPLE and Inherited.

• Pros and cons

  Pros

  • Free third-party research from 20+ providers
  • Full IRA lineup including SIMPLE and Inherited
  • $0 commissions on stocks, ETFs and options
  • 24/7 customer support with branch network
  • 10,000+ mutual funds

  Cons

  • Interface less modern than mobile-first apps
  • $0.65 per options contract

• More details

  Available asset types	Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency, Gold/Commodities, CDs, Treasury Bills
  Account types	Brokerage, IRA, Custodial, Joint brokerage, Trust
  Annual fee	$0 per year
  Minimum deposit	$0
  Signup bonus	N/A
  Cash sweep APY	3.28%

Best for: Research-driven investors.

Where Robinhood gates Morningstar research behind a $5/month Gold subscription, E*TRADE gives you free, comprehensive third-party research from Morningstar, Argus, Thomson Reuters, Market Edge and Morgan Stanley equity research — on essentially every stock you'd want to analyze. The app's Markets section adds live BloombergTV streaming, market movers and upcoming earnings. As part of Morgan Stanley since 2020, E*TRADE has also strengthened its retirement and managed-portfolio offerings.

What Robinhood doesn't have: Free, comprehensive research from 20+ providers including Morgan Stanley equity research, plus live BloombergTV streaming in the app.

• Why we like it

  Best for: Research-driven investors.

  Where Robinhood gates Morningstar research behind a $5/month Gold subscription, E*TRADE gives you free, comprehensive third-party research from Morningstar, Argus, Thomson Reuters, Market Edge and Morgan Stanley equity research — on essentially every stock you'd want to analyze. The app's Markets section adds live BloombergTV streaming, market movers and upcoming earnings. As part of Morgan Stanley since 2020, E*TRADE has also strengthened its retirement and managed-portfolio offerings.

  What Robinhood doesn't have: Free, comprehensive research from 20+ providers including Morgan Stanley equity research, plus live BloombergTV streaming in the app.

• Pros and cons

  Pros

  • Free, comprehensive third-party research from 20+ providers
  • Live BloombergTV streaming in the app
  • Strong retirement and managed-portfolio options
  • Full IRA and 529 lineup

  Cons

  • No fractional share trading
  • No crypto
  • Low cash sweep yields
  • Higher margin rates than Robinhood Gold

• More details

  Available asset types	Stocks, Bonds, Options, Mutual funds, ETFs, CDs, Futures
  Account types	Brokerage
  Annual fee	$0 per year
  Minimum deposit	$0
  Signup bonus	Get up to $1,000 terms apply
  Cash sweep APY	0.01% to 0.15%

Best for: Active traders who want pro tools on mobile.

Webull built its reputation on pro-grade mobile charting. The app offers 50+ indicators, 60+ on-chart technical signals, customizable screeners, analyst and quant ratings, and a paper trading sandbox. Robinhood Legend matches some of this on the web/desktop, but Webull's mobile experience for active traders is still more refined. Webull Premium ($3.99/month) adds reduced margin rates, higher cash sweep yields and an IRA match.

What Robinhood doesn't have: Pro-grade mobile charting with 50+ indicators and 10+ order types, plus a free paper trading sandbox.

• Why we like it

  Best for: Active traders who want pro tools on mobile.

  Webull built its reputation on pro-grade mobile charting. The app offers 50+ indicators, 60+ on-chart technical signals, customizable screeners, analyst and quant ratings, and a paper trading sandbox. Robinhood Legend matches some of this on the web/desktop, but Webull's mobile experience for active traders is still more refined. Webull Premium ($3.99/month) adds reduced margin rates, higher cash sweep yields and an IRA match.

  What Robinhood doesn't have: Pro-grade mobile charting with 50+ indicators and 10+ order types, plus a free paper trading sandbox.

• Pros and cons

  Pros

  • Pro-grade mobile charting and screening
  • Commission-free stocks, ETFs and options with no contract fees
  • 10+ order types and 50+ chart indicators
  • Free paper trading account

  Cons

  • No mutual funds or individual bonds
  • $2.99/month for Level 2 data on free tier
  • Crypto requires separate Webull Pay account

• More details

  Available asset types	Stocks, Bonds, Options, ETFs, Futures, Money market funds
  Account types	Brokerage, IRA
  Annual fee	$0 per month
  Minimum deposit	$0
  Signup bonus	Get up to 4% match bonus
  Cash sweep APY	3.35%

Best for: Free Level 2 data and advanced charting without paywalls.

Moomoo gives you most of what Webull does — and more — without paywalling key data. Qualified customers ($100 30-day average balance) get free Level 2 market data, professional-grade analyst ratings, short sale analysis and access to 60+ indicators, 38 drawing tools and 190+ technical functions. There's also a desktop platform and a $1 million virtual paper trading account.

What Robinhood doesn't have: Free Level 2 data and Nasdaq TotalView without a Gold subscription, plus a $1M virtual paper trading account.

• Why we like it

  Best for: Free Level 2 data and advanced charting without paywalls.

  Moomoo gives you most of what Webull does — and more — without paywalling key data. Qualified customers ($100 30-day average balance) get free Level 2 market data, professional-grade analyst ratings, short sale analysis and access to 60+ indicators, 38 drawing tools and 190+ technical functions. There's also a desktop platform and a $1 million virtual paper trading account.

  What Robinhood doesn't have: Free Level 2 data and Nasdaq TotalView without a Gold subscription, plus a $1M virtual paper trading account.

• Pros and cons

  Pros

  • Free Level 2 data and pro-grade analytics for qualified customers
  • Commission-free stock, ETF and options trades with no contract fees
  • $1M virtual paper trading account
  • Competitive flat 6.80% margin rate

  Cons

  • No IRAs or retirement accounts
  • No mutual funds or bonds
  • Robinhood Gold has lower margin rates for active borrowers

• More details

  Available asset types	Stocks, Options, ETFs, Cryptocurrency
  Account types	Brokerage
  Minimum deposit	$0
  Signup bonus	Get up to $1,000 in Nvidia stock plus 8.1% APY on uninvested cash
  Cash sweep APY	3.35%

Best for: Bond investors and options traders who want rebates.

Public stands out for two reasons. First, it pays you rebates on options contracts — $0.06 to $0.18 per contract — which can offset or even exceed mandatory regulatory fees. Robinhood charges no contract fees, but it doesn't pay you back either. Second, Public has the deepest fixed-income marketplace outside the full-service brokers: Treasury, corporate and municipal bonds with fractional purchases starting at $100. You can also invest in alternative assets like fine art and collectibles.

What Robinhood doesn't have: Options contract rebates of $0.06 to $0.18 per contract, plus fractional individual bonds starting at $100.

• Why we like it

  Best for: Bond investors and options traders who want rebates.

  Public stands out for two reasons. First, it pays you rebates on options contracts — $0.06 to $0.18 per contract — which can offset or even exceed mandatory regulatory fees. Robinhood charges no contract fees, but it doesn't pay you back either. Second, Public has the deepest fixed-income marketplace outside the full-service brokers: Treasury, corporate and municipal bonds with fractional purchases starting at $100. You can also invest in alternative assets like fine art and collectibles.

  What Robinhood doesn't have: Options contract rebates of $0.06 to $0.18 per contract, plus fractional individual bonds starting at $100.

• Pros and cons

  Pros

  • Earn rebates on options contracts
  • $0 commissions and per-contract fees on options
  • Deepest fixed-income marketplace outside full-service brokers
  • Competitive base margin rate

  Cons

  • Best tools gated behind Public Premium at $10/month
  • No mutual funds, no futures
  • No SEP IRA

• More details

  Available asset types	Stocks, Bonds, Options, ETFs, Cryptocurrency, Treasury Bills, High-yield cash account
  Account types	Brokerage
  Annual fee	$0 per month
  Minimum deposit	$0
  Cash sweep APY	3.30%

• Partner terms and conditions

  High-yield cash account 3.30% APY as of 06/11/2026.

Best for: Investors who want a chartered bank with lending in one app.

SoFi Active Invest matches Robinhood on the basics, but its real pitch is the rest of the app. SoFi is a chartered bank, so the same login handles FDIC-insured checking and savings, personal loans, student loan refinancing, mortgages and credit cards. Robinhood has the Gold Card and Robinhood Banking for Gold members, but it doesn't make loans. SoFi Plus members also get access to certified financial planners — real ones, not an AI assistant. SoFi also offers a SEP IRA, which Robinhood doesn't.

What Robinhood doesn't have: A chartered bank with full lending products (personal loans, student loans, mortgages) plus access to certified financial planners.

• Why we like it

  Best for: Investors who want a chartered bank with lending in one app.

  SoFi Active Invest matches Robinhood on the basics, but its real pitch is the rest of the app. SoFi is a chartered bank, so the same login handles FDIC-insured checking and savings, personal loans, student loan refinancing, mortgages and credit cards. Robinhood has the Gold Card and Robinhood Banking for Gold members, but it doesn't make loans. SoFi Plus members also get access to certified financial planners — real ones, not an AI assistant. SoFi also offers a SEP IRA, which Robinhood doesn't.

  What Robinhood doesn't have: A chartered bank with full lending products (personal loans, student loans, mortgages) plus access to certified financial planners.

• Pros and cons

  Pros

  • $0 commission stocks, options and ETFs with no contract fees
  • SEP IRA available for self-employed
  • Full banking and lending products under one roof
  • Certified financial planners with SoFi Plus

  Cons

  • No crypto trading
  • No futures
  • Limited research tools
  • $25 inactivity fee on transfers out

• More details

  Available asset types	Stocks, Options, Mutual funds, ETFs, Alternatives
  Account types	Brokerage
  Annual fee	$0 per month
  Minimum deposit	$0
  Signup bonus	Get up to $1,000 in stock
  Cash sweep APY	0.01%

• Partner terms and conditions

  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.
  
  Probability of member receiving $1,000 is 0.026%. If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify. Probability percentage is subject to decrease.
  
  Terms and conditions apply*. For 401k rollovers, existing SoFi IRA members must complete 401k rollovers via this link See full terms and 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

Best for: Automated copy trading.

Robinhood Social launched in beta in 2026, but it's manual — you see other traders' positions and replicate them yourself. eToro's CopyTrader is the established, fully automated version: choose a trader and your account mirrors their trades as they happen. eToro is also the more mature social platform overall, with 35 million+ users and a built-in community feed. Beyond the social layer, eToro covers the basics well and adds TipRanks-powered analyst ratings, hedge fund and insider activity.

What Robinhood doesn't have: Fully automated CopyTrader and an established 35M+ user social community.

• Why we like it

  Best for: Automated copy trading.

  Robinhood Social launched in beta in 2026, but it's manual — you see other traders' positions and replicate them yourself. eToro's CopyTrader is the established, fully automated version: choose a trader and your account mirrors their trades as they happen. eToro is also the more mature social platform overall, with 35 million+ users and a built-in community feed. Beyond the social layer, eToro covers the basics well and adds TipRanks-powered analyst ratings, hedge fund and insider activity.

  What Robinhood doesn't have: Fully automated CopyTrader and an established 35M+ user social community.

• Pros and cons

  Pros

  • $0 commission stocks, ETFs and options with no contract fees
  • Fully automated CopyTrader
  • Established social community of 35M+ traders
  • TipRanks-powered analyst data

  Cons

  • No IRAs or retirement accounts
  • No mutual funds, bonds or futures
  • Crypto unavailable in five US states/territories

• More details

  Available asset types	Stocks, Options, ETFs, Cryptocurrency, Investments
  Account types	Brokerage
  Annual fee	$0 per month
  Minimum deposit	$0
  Signup bonus	N/A
  Cash sweep APY	3.25%

• Partner terms and conditions

  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.