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9 Robinhood Alternatives

SoFi, Public, eToro, Webull and these other brokerage apps are like Robinhood.

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Matt Miczulski

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Robinhood isn’t just the commission-free trading app it launched as. In 2026 it offers stocks, ETFs, options, crypto, futures, prediction markets, a pro web platform (Robinhood Legend), a robo-advisor (Robinhood Strategies), an AI assistant (Cortex), banking products for Gold members, IRAs with up to a 3% match and a social trading beta. For many, that’s enough.

But Robinhood still has real gaps: no mutual funds, no individual bonds, no forex, no direct international stock trading, a limited IRA lineup (no SEP or SIMPLE) and no 24/7 phone support. And some readers want a different shape of broker entirely — deeper research, automated copy trading, a chartered bank making personal loans and mortgages, or a specific platform like thinkorswim. The nine brokers below are the strongest Robinhood alternatives we’ve reviewed.

9 Robinhood alternatives at a glance

  • Interactive Brokers — Best for multi-asset and global investors
  • Charles Schwab — Best for traders who want thinkorswim and a full-service brokerage
  • Fidelity — Best comprehensive all-around alternative
  • E*TRADE — Best for research-driven investors
  • Webull — Best for active traders who want pro tools on mobile
  • Moomoo — Best for free Level 2 data and advanced charting without paywalls
  • Public — Best for bond investors and options traders who want rebates
  • SoFi Active Invest — Best for investors who want a chartered bank with lending in one app
  • etoro — Best for automated copy trading

How we picked these

We considered every major US broker available to retail customers. To make this list, a broker had to meet three criteria: be SEC-registered and a FINRA/SIPC member; be available to US retail investors without prohibitive minimums; and serve a clearly different reader than Robinhood does.

We’re not ranking these brokers as "better than" Robinhood — most of them aren’t broader across every dimension. We’re identifying brokers that do something materially different on a feature, asset class, account type, platform or pricing model that real readers care about. All nine match Robinhood on $0 commissions for stocks and ETFs except where noted.

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Interactive Brokers

9.4 Excellent

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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.

Annual fee $0 per year
Minimum deposit $0
Signup bonus N/A

Charles Schwab

9.4 Excellent

Read review

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.

Annual fee $0 per month
Minimum deposit $0
Signup bonus Get a $101 bonus

Fidelity Investments

9.2 Excellent

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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.

Annual fee $0 per year
Minimum deposit $0
Signup bonus N/A

E*TRADE from Morgan Stanley

8.6 Great

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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.

Annual fee $0 per year
Minimum deposit $0
Signup bonus Get up to $1,000
terms apply

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.
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Read review

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.

$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

Moomoo

9 Excellent

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.
Read review

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.

Minimum deposit $0
Signup bonus Get up to $1,000 in Nvidia stock plus 8.1% APY on uninvested cash

Public.com

9 Excellent

Earn a 1% match on IRA contributions and rollovers. T&Cs apply.
Go to site
Read review

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.

Annual fee $0 per month
Minimum deposit $0

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

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.

$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

etoro

8.2 Great

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. T&Cs apply.
Go to site
Read review

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.

$200
Finder Reward
Get $200 from Finder Become a Finder member, then open a new eToro account through the Finder link as a first-time customer and make a single deposit of at least $1,000. Keep it in your account until January 29, 2027. Offer ends December 15, 2026.
Terms and conditions apply
Annual fee $0 per month
Minimum deposit $0
Signup bonus N/A

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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.

How to transfer your brokerage account from Robinhood

Switching from Robinhood to a new broker is straightforward, but there are a few things to know before you start. Robinhood charges a $100 ACATS outgoing transfer fee, and most brokers won’t reimburse it unless you bring over a sizeable balance. Many of the brokers on this list — including Webull, SoFi, Moomoo and Public — offer transfer-fee reimbursements or match bonuses for qualifying deposits, so check current promos before you initiate.

Most brokers use the Automated Customer Account Transfer Service (ACATS), which moves your positions in-kind so you don’t trigger a taxable event. Here’s what the process looks like:

  1. Open and fund your new account. You don’t need to fund it heavily — you just need it open to receive the transfer.
  2. Submit a transfer initiation form (TIF) with your new broker. You’ll need a recent Robinhood statement.
  3. Robinhood validates the request within three business days.
  4. Your positions move to the new broker within six business days, typically.

A few things that may not transfer cleanly:

  • Fractional shares — Robinhood typically liquidates fractional positions and sends cash instead, which can create a taxable event.
  • Crypto — Most stock brokers can’t receive crypto via ACATS. You’ll need to sell or transfer to a crypto wallet/exchange separately.
  • Margin balances and pending options — Close out or settle these before initiating.

For a full walkthrough, see our guide to transferring a brokerage account.

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Investments editor and market analyst
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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

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