If you're frustrated with limited features or outages on Robinhood, you’re not alone. More traders are switching to platforms offering more tools, better research, and real customer service.
This blog breaks down 10 trustworthy Robinhood alternatives, each with strengths in fees, trading tools, or user experience. Whether you're looking for automated investing or advanced analytics, there's a better-fit brokerage out there. Choose smart. Your money deserves more than hype.
What is Robinhood?
Robinhood is a financial services company that offers a commission-free trading platform, allowing users to invest in stocks, ETFs, options, and cryptocurrencies. Launched in 2013, it aimed to democratize finance by removing barriers to entry for new investors. The platform is known for its user-friendly mobile app, which simplifies the investing process for beginners. Robinhood generates revenue through various means, including payment for order flow, interest on uninvested cash, and premium services like Robinhood Gold. Despite its popularity, the platform has faced criticism over its business practices and customer service.
Robinhood Markets Inc (HOOD) is currently trading at $63.95, reflecting a slight decrease of 1.18% from the previous close. The stock's intraday range spans from $63.10 to $67.39, with an opening price of $66.30. The company boasts a market capitalization of approximately $36.85 billion and a price-to-earnings (PE) ratio of 23.18, based on an earnings per share (EPS) of $1.75. The trading volume stands at 21,419,770 shares as of the latest update.
How Does Robinhood Work?
Robinhood operates as an online brokerage, providing users with access to financial markets through its app and website. Users can open an account with no minimum deposit and start trading a variety of financial instruments. The platform offers real-time market data, customizable watchlists, and educational resources to help users make informed decisions. Robinhood's revenue model includes payment for order flow, where it receives compensation for directing trades to specific market makers. Additionally, it offers margin trading and a premium subscription service called Robinhood Gold, which provides enhanced features for a monthly fee.
Downsides of Using Robinhood
While Robinhood has made investing more accessible, it has also faced several criticisms. The platform has experienced technical outages during periods of high market volatility, preventing users from executing trades. Its reliance on payment for order flow has raised concerns about potential conflicts of interest and the quality of trade executions. Additionally, Robinhood's simplistic interface may encourage impulsive trading behaviors among inexperienced investors. The company has also been fined by regulatory bodies for misleading customers and failing to provide adequate customer support.
Why Go for Robinhood Alternatives?
Investors may seek alternatives to Robinhood for several reasons. Some platforms offer more comprehensive research tools, better customer service, and a wider range of investment options, including mutual funds and bonds. Others provide more robust educational resources and financial planning services. Additionally, concerns over Robinhood's business practices and past controversies may prompt users to explore other brokerage firms that align more closely with their investing needs and values
The 11 Best Robinhood Alternatives
Here are the 11 best Robinhood alternatives in 2025:
1. Webull
Webull is a solid choice for anyone wanting more data and technical tools than Robinhood offers. It has a user-friendly app that’s ideal for intermediate traders, but still accessible for beginners. With no commissions on stocks, ETFs, and options, it’s a fee-friendly alternative.
What sets Webull apart is its charting functionality and real-time data. You get access to extended trading hours and customizable watchlists, features that appeal to more active traders. The platform is mobile-first but also includes a desktop version.
If you’re upgrading from Robinhood and want better analytics without switching to a legacy brokerage, Webull is worth trying.
2. E-TRADE
E-TRADE has been a mainstay for serious traders long before apps made investing trendy. It offers no-fee stock and ETF trading, but more importantly, gives you robust tools, market research, and managed portfolios if you prefer to go hands-off.
You can access the Power E-TRADE platform for advanced charting and risk analysis. For beginners, its educational content is a bonus. There’s also a wide selection of mutual funds and fixed-income products for long-term investors. E-TRADE bridges the gap between traditional finance and mobile convenience—a well-rounded upgrade from Robinhood.
3. Ally Invest
Ally Invest is best suited for those who already bank with Ally, offering seamless money transfers between your accounts. You get $0 commission trades on stocks and ETFs, with access to tools like profit/loss calculators, screeners, and real-time data.
While it doesn’t cater to high-frequency traders, Ally Invest fits passive investors and casual traders well. Their managed portfolios come with no advisory fees if you maintain a balance over $100. Ally’s low-cost structure and ease of integration with other Ally services make it a more complete financial hub than Robinhood.
4. TD Ameritrade
TD Ameritrade delivers on research, education, and trader-friendly tools. Its thinkorswim platform is a favorite among technical traders and day traders who need complex indicators, drawing tools, and real-time scanning.
You won’t pay commissions on stocks and ETFs, and options fees are low. Beyond its tools, the platform offers strong customer support and robust retirement planning resources. If you're tired of Robinhood’s minimalism, TD Ameritrade lets you graduate into a fully-featured environment without fees getting in your way.
5. Public.com
Public.com offers an investing experience that blends finance with social media. You can follow investors, share ideas, and discuss strategies. Commission-free trading is available for stocks and ETFs, and the platform avoids risky products like margin and options.
You can buy fractional shares, and all trade activity is public by default, making it easier to learn by observing others. The app is beginner-friendly and visually clean. Public.com is a useful Robinhood alternative if you're starting out and want to feel like you're part of a trading community, not just an isolated account holder.
6. eToro
eToro brings international flair and social investing together in one place. Known for its crypto offerings, it also allows commission-free stock and ETF trading in the U.S. One key draw is its copy trading feature, where you can mirror the moves of experienced traders.
With both mobile and web platforms, eToro is suitable for those who want access to multiple markets—stocks, crypto, and even forex. The minimum deposit is relatively low, which makes it easy to test the waters. If you're a global investor or curious about social strategies, eToro goes well beyond Robinhood’s scope.
7. Charles Schwab
Charles Schwab offers deep market access and quality research tools, including those powered by Morningstar. It’s a no-commission platform for stocks and ETFs, and their proprietary Schwab Intelligent Portfolios provide automated investing with no advisory fees.
The platform suits investors who want both advanced tools and traditional support. Schwab also has brick-and-mortar branches if you want face-to-face help—something Robinhood lacks entirely. For those balancing DIY trading with retirement planning, Schwab is a trusted and flexible home base.
8. Fidelity
Fidelity’s reputation is built on transparency, low costs, and long-term investing support. You get access to a wide range of ETFs, mutual funds, and even foreign stocks, all while avoiding fees on standard trades.
What makes Fidelity stand out is its research depth and zero-fee index fund lineup. The mobile app is slick, but the web platform is where power users will spend their time.
Fidelity serves those who are serious about investing strategy, not just dabbling in meme stocks. Its broader ecosystem also includes custodial accounts and IRAs, giving it reach beyond what Robinhood can offer.
9. Stash
Stash is designed for beginners who want guided investing. It lets you start with as little as $5 and breaks down financial concepts clearly. You can purchase fractional shares of stocks and ETFs, and Stash offers pre-built themed portfolios too.
Its banking and investing integration makes it more than just a trading platform. You’ll also find automatic round-ups and budgeting tools. While the fees start at $3 per month, they cover more than just trades. If you're new to investing or want something educational, Stash is a strong alternative that focuses on long-term financial habits.
10. M1 Finance
M1 Finance combines automation with customization. It allows you to create “Pies” of stocks and ETFs and automatically keeps them balanced. There are no fees on trades, and minimum investment is only $100 for a standard account.
What sets M1 apart is its auto-investing and flexible borrowing options, including a credit line at low interest. For those with discipline, it offers a powerful way to maintain a portfolio without constant monitoring.
11. Coinbase
Coinbase supports over 250 cryptocurrencies, dwarfing Robinhood’s limited crypto selection of 15. It offers deeper functionality with advanced order types, staking, derivatives, and access to Web3 wallets. Users can trade, send, receive, and even store assets offline using cold storage. Coinbase also provides insurance for hot wallet assets and FDIC coverage for USD balances.
Fees follow a maker-taker model, with advanced features unlocked for pro users. Unlike Robinhood, where crypto is confined within the app, Coinbase allows users to transfer assets freely to external wallets or DeFi protocols.
Coinbase’s “Learn & Earn” program lets beginners earn tokens while building knowledge. Investors like ARK Invest have included Coinbase in crypto-related ETF strategies, favoring its infrastructure and depth over Robinhood’s brokerage-style crypto access. If you want asset control, global reach, and feature-rich trading—not just exposure—Coinbase is the more developed option.
Conclusion
If Robinhood’s limits are getting in your way, now’s the time to move to a platform that better supports your strategy. Whether you’re looking for more research tools, automated investing, or community-driven insights, the platforms above offer strong alternatives. Your choice should match your comfort with trading, your long-term goals, and how hands-on you want to be. A smarter switch can mean better control over your money, more features, and a better experience.
Robinhood Alternatives FAQs
What should I use instead of Robinhood?
You can switch to platforms like Webull, TD Ameritrade, or Fidelity. Each one offers tools Robinhood lacks—such as deeper research, asset transfers, and retirement accounts. For crypto-only users, Coinbase provides full asset ownership. Your choice depends on whether you need more trading features, long-term planning tools, or broader investment access beyond basic stocks and crypto.
Who is Robinhood’s biggest competitor?
Webull is often considered Robinhood’s closest rival due to similar no-commission trading and mobile-first design. However, TD Ameritrade, E*TRADE, and Fidelity also compete by offering expanded features like mutual funds, IRAs, and market research. For crypto, Coinbase competes directly by offering over 250 tokens and full control of assets. Each competitor attracts different investor types depending on experience and goals.
What is the alternative to Robinhood in India?
In India, Zerodha, Upstox, and Groww serve as popular alternatives. These platforms support equities, mutual funds, and derivatives, with local compliance and customer service. Unlike Robinhood, which doesn’t operate in India, these apps support UPI and Indian bank integrations. Each also includes analytics tools suited for NSE and BSE trading, making them more appropriate for local markets.
Is Webull or Robinhood better?
Webull is often preferred by users who want technical charts, pre-market access, and deeper analytics. Robinhood remains simpler and better suited for complete beginners. However, Robinhood limits asset transfers and doesn’t support real crypto withdrawals. If you need a platform that grows with your skills, Webull usually provides more flexibility without requiring a higher balance or subscription fees.
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