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11 Robinhood Alternatives to Use Instead

Some of the best trading apps like Robinhood are SoFi, Tastytrade, Public, eToro, Acorns and more.

Robinhood is one of the most popular brokerage firms in the US. It’s easy to sign up, simple to use and has some of the lowest trading costs among brokers.

Many who use Robinhood love it for its engaging and user-friendly interface, commission-free trading across all its products and accessibility for beginners. Others dismiss it because of concerns about its reliability and transparency, limited investment options and lack of advanced trading tools.

Robinhood’s got a lot going for it, but it’s not right for everyone. No broker is.

Whatever your motivation for wanting to explore different trading platforms, we have a list of apps like Robinhood that you need to check out.

11 Robinhood alternatives

  • Alternative for advanced options trading: Tastytrade
  • Alternative for options fee rebates: Public
  • Alternative for social trading and investing: eToro
  • Alternative for spare-change investing: Acorns
  • Alternative for range of investment options: Interactive Brokers
  • Alternative for beginners: SoFi Invest®
  • Alternative for market insights and research tools: E*TRADE
  • Alternative for options trading: Moomoo
  • Alternative for stock analysis: Webull
  • Alternative for simple investing: Cash App
  • Alternative for advanced trading: Charles Schwab

Alternative for advanced options trading

Tastytrade

Go to site Read review
Stock trade fee$0
Minimum deposit$0
Signup bonusGet $50-$5,000

Alternative for options fee rebates

Public.com

Get up to $10,000 and transfer fees covered when you move your portfolio to Public
Go to site Read review
Stock trade fee$0
Minimum deposit$0
Signup bonusGet up to $10,000 and transfer fees covered

Alternative for social trading and investing

eToro

Copy crypto picks from top traders
Go to site Read review
Stock trade fee$0
Minimum deposit$0
Signup bonusFINDER EXCLUSIVE: Get a guaranteed $15 bonus and $10 in free crypto

Alternative for spare-change investing

Acorns

Go to site Read review
Stock trade fee$0
Minimum deposit$0
Signup bonusGet a $20 bonus
Interactive Brokers

Go to site Read review
Stock trade fee$0
Minimum deposit$0
Signup bonusN/A

Alternative for beginners

SoFi Invest®

Go to site Read review
Stock trade fee$0
Minimum deposit$0
Signup bonusGet up to $1,000 in stock
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

Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser.

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

Probability of Member receiving $1,000 is a probability of 0.028%

Terms and conditions apply. Roll over a minimum of $20K to receive the 1% match offer. Matches on contributions are made up to the annual limits.

Robo Advisor:
Automated investing is offered through SoFi Wealth LLC, an SEC-registered investment adviser.
0.25% fee is based on your account value. The wrap program fee may cost more or less than purchasing brokerage, custodial, and recordkeeping services separately.

Alternative for market insights and research tools

E*TRADE from Morgan Stanley

Read review
Stock trade fee$0
Minimum deposit$0
Signup bonusGet up to $1,000
terms apply

Alternative for options trading

Moomoo

Get 8.1% APY for 3 months on idle cash and up to 15 free stocks with qualified deposits. T&Cs apply.
Read review
Stock trade fee$0
Minimum deposit$0
Signup bonusGet up to 15 free stocks

Alternative for stock analysis

Webull

Earn up to 40 fractional shares and an extra 2% APY for 30 days when you open an account and make an initial deposit of the qualified amount. T&C apply.
Read review
Stock trade fee$0
Minimum deposit$0
Signup bonusEarn up to 40 fractional shares and an extra 2% APY for 30 days

Alternative for simple investing

Cash App

Read review
Stock trade fee$0
Minimum deposit$0
Signup bonusN/A

Alternative for advanced trading

Charles Schwab

Read review
Stock trade fee$0
Minimum deposit$0
Signup bonusGet a $101 bonus

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.

How to transfer your brokerage account

If you’re switching brokers, the account transfer process can vary depending on your current broker and your new one. Keep in mind that your current broker may charge a $50 to $100 fee to transfer funds and close your account. Most brokers use the Automated Customer Account Transfer Service (ACATS), so you can generally expect to go through the following process.

  1. You fill out a transfer initiation form with your new broker.
  2. Your current broker validates your form or notifies you of next steps within three business days.
  3. Your old broker completes the transfer process and moves your funds within six business days.

Compare trading platforms

Compare brokers by available assets types, stock trade fee, minimum deposit, cash sweep APY and signup bonus. Select Go To Site to sign up for an account, or select More Info to read our comprehensive review.

1 - 10 of 10
Product USFST Finder Score Available asset types Stock trade fee Minimum deposit Cash sweep APY Signup bonus
Finder score
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $50-$5,000
Finder score
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.5%
Get a free stock
Finder score
Stocks, Options, Mutual funds, ETFs, Alternatives
$0
$0
0.02%
Get up to $1,000 in stock
Finder score
Stocks, ETFs
$0
$0
N/A
Earn up to $300
Finder score
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.9%
FINDER EXCLUSIVE: Get a guaranteed $15 bonus and $10 in free crypto
Finder score
Stocks, Bonds, Options, ETFs, Cryptocurrency, Alternatives, Treasury Bills, High-yield cash account
$0
$0
4.35%
Get up to $10,000 and transfer fees covered
Finder score
Stocks, ETFs
$0
$0
0.1%
Get $10 when you sign up and deposit $5
Finder score
Stocks, ETFs
$0
$500
5%
Get $50
Finder score
Stocks, Bonds, Mutual funds, ETFs, CDs
$0.01
$250
2.83%
Get up to $500
Finder score
Stocks, ETFs, Cryptocurrency
$0
$100
4.00%
N/A
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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 nine 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

Editor, Investments

Matt Miczulski is an investments editor 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 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 208 Finder guides across topics including:
  • Trading and investing
  • Broker and trading platform reviews
  • Money management

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