Best Robinhood Alternatives 2021

Robinhood Trading Alternative

Robinhood continues to impress many new traders. However, there are always top alternatives to Robinhood for those experienced traders. For those looking for more complex trading tools and research functionalities, there can be quite a number alternatives. Our comparison weighs up the strengths and weaknesses of each online broker, bringing you the best alternatives to Robinhood.

At, we aim to provide our readers with unbiased, in-depth reporting, allowing you to make your own decision as to the best online broker. These comparisons will also help in finding Robinhood app alternatives, pathing the way for user-friendly and intuitive trading encounters.

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Broker of the Month – M1 Finance

While Robinhood is a great provider for many traders and investors, we would also recommend taking a look at M1 Finance. Here at we often talk about having a long term investment plan. M1 Finance offers both that and good conditions for shorter term trading on top. This is why we’ve selected them as our Broker of the Month. Read more about them in our M1 Finance review, or check them out by clicking the link below.
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Why Exploring Alternatives Are Beneficial

It is never a bad thing exploring alternative online brokers. In the modern world of online competition, it seems as if each online broker offers nearly identical services. This would lead one to think that it doesn’t matter if one were to choose one broker, such as Robinhood, and stick with them. However, it is important to remember that there are different categories that brokers excel in.

Alternatives to Robinhood might offer more in-depth educational tools or cover more exchanges, domestic and foreign. Whatever the case, it’s recommended one does weigh up the Robinhood alternatives. If the latest Robinhood margin rates, fees, and overall Robinhood safety is not up to scratch, then finding alternatives is just as important. This makes it possible to take advantage of each broker’s strength. In doing so, one can match the qualities of all the best Robinhood alternatives, plus Robinhood, and create the best overall trading experience for yourself.

The following sections touch on’s comparisons between Robinhood and the top online competitors. Each comparison goes into detail by comparing aspects of these online brokers; usability, payment options, customer service, legitimate licenses, and general spread will be touched upon. The ultimate aim is to draw comparisons between Robinhood and the best Robinhood alternatives, creating a dynamic rating for the best online brokers in each category.

Robinhood vs eTrade

In our comparison of Robinhood vs eTrade, it’s difficult to find an outright winner as an overall broker. These two brokers share similar traits, providing users with top-notch applications which are user-friendly and neatly designed. The difference between these two competitors is their target audience. Robinhood is fit for beginner traders while eTrade is more geared towards experienced investors. However, this doesn’t mean one is necessarily better than the other. eTrade is certainly one of a few alternatives to Robinhood, but not an outright replacement. Find out more by reading our in-depth comparison.

Robinhood vs Acorns

Acorn provides users with a streamlined experience, automating much of the online trading process. This allows individuals to sit back and monitor their favorite stocks without having to spend too much time manually placing order limits and such. Robinhood provides users with a fantastic online platform, albeit requiring a slightly more hands-on approach. When it comes to the fundamentals of customer service, available payment methods, and overall security, these two brokers are neck-and-neck. To find out which of these brokers comes up trumps, take a look at our Robinhood vs Acorns comparison coverage.

Webull vs Robinhood

When it comes to our Webull vs Robinhood comparison, it is difficult to draw a line in the sand. Each online broker caters towards a specific type of trader. Robinhood might provide a more basic platform in terms of in-depth trading functionalities and tools; this doesn’t mean they’re lagging behind. It means that Robinhood is directing their services in a slightly different direction. For those looking for complex trading tools, Webull might be one of the best Robinhood alternatives. By reading our comparison, one will be able to identify the strengths and weaknesses of Robinhood and another of our Robinhood alternatives.

Robinhood vs TD Ameritrade

TD Ameritrade is a giant of the online brokerage world. With a multitude of research and trading tools at their disposal, coupled with high-functioning trading platforms, it is difficult to see Robinhood competing. But, as we continue to see, these alternatives to Robinhood continue to draw many parallels and are not necessarily clear-cut winners. Both of these brokers enjoy high praise when it comes to their platform design and usability of apps. As is the case more often than not, each broker caters to a different type of trader. This means that it is important for you to make the penultimate decision as to which you prefer. By reading our Robinhood vs TD Ameritrade comparison, making this decision should be that much easier.

Robinhood vs Fidelity

Once again, these two brokers provide similar services across fantastic platforms. Fidelity offers a range of no transaction fee mutual funds combined with powerful research tools and analytical features. It’s not as if Robinhood lags far behind though. Robinhood continues to impress by offering cryptocurrency trading, something Fidelity does not. Thus, the preferred option is purely subjective. Both platforms are neatly designed and provide users with exciting functionalities. Our Robinhood vs Fidelity comparison will shed more light on this matter and bring you more alternatives to Robinhood. Keep in mind that our comparisons are aimed at giving you the freedom to choose your favorite online broker – be it Robinhood or one of the Robinhood alternatives.

Robinhood vs Charles Schwab

Charles Schwab is well-known for introducing zero fee margins across their services. This normalized the practice throughout the industry, having urged competitors to follow suit. However, Robinhood also provides an extremely low-cost platform for users. No commission and 0% fees are the order of the day. Thus, we can’t fault either of these two formidable brokers in this department. The Robinhood vs Charles Schwab comparison draws many similarities, but there are a couple of differences one will happen to stumble upon. These might be the deciding factor when choosing Robinhood or this as one of the best Robinhood alternatives.

Robinhood vs Betterment

Alternatives to Robinhood are prevalent, but are they satisfactory? Betterment offers a range of different account options such as taxable, IRA, and savings accounts. Robinhood might offer a limited selection of accounts, but their fees are second to none. In terms of investment options, both offer trading in stocks and ETFs. To find out what the clear differences are, take a look at our in-depth Robinhood vs Betterment comparison, allowing you to identify which broker is best suited to your trading preferences. The best Robinhood alternatives might provide similar services in most operational aspects. It’s about finding your preferred service.

Vanguard vs Robinhood

Vanguard has long catered to those investors that prefer to invest large amounts strategically. Long terms investments are what Vanguard offers their customers – or at least that is the bulk of their clientele. Robinhood continues to offer fantastic trading options and services to newcomers. Although this is a difference, it’s not a deciding factor as to whether Vanguard is one of the best Robinhood alternatives. To find out which of these two come out on top, read our coverage on the Vanguard vs Robinhood comparison.

eToro vs Robinhood

Another Robinhood trading alternative is eToro. They provide users with an exceptional trading platform which is easy to sign up to and utilize. However, Robinhood also provides users with a streamlined registration process. In terms of fees, Robinhood might take the cake. But, only just. eToro has a more extensive range of trading products but this is to be expected. Robinhood continues to focus on domestic exchanges as it caters to newcomers. Our eToro vs Robinhood comparison will help you better understand which online broker is best for you.


Our comparison of alternatives to Robinhood continues to showcase just how similar many of these brokers are. You’ll find that Robinhood taxes and Robinhood instant deposits are similar to those of their competitors. It’s important to keep in mind that many of the online aspects of each broker do not diverge much. When it comes to usability, design, functionality of platforms – each broker provides innovative features. The best way to choose between Robinhood and the alternatives to Robinhood is by finding out which broker caters to your specific needs. This allows one to pick the best broker. Robinhood continues to improve on past performances, improving and adapting their platform as times evolve. This is also true for all their competitors. Finding the perfect online broker is as much subjective as it is objective. At, we hope to bring you an unbiased comparison, providing you with the necessary information and tools to make your own decision. If Robinhood does sound like the broker for you, our Robinhood review will provide clarity on this online broker – such as the current day trading options and the latest Robinhood app capabilities.

Best Robinhood Alternatives FAQ

💪 What are the best Robinhood alternatives?

Finding the best alternatives to Robinhood can be extremely time-consuming. At, we hope to bring you the unbiased, objective comparisons of the best online brokers. This allows you to directly compare Robinhood and the top alternatives. It is our aim to equip you with the necessary knowledge in order to make an informed decision as to which broker best suits your trading style.

📮What services do the best Robinhood alternatives offer?

Nowadays, each online broker offers similar trading services. Platforms might seem identical while many of the underlying facets are near identical. However, there are small differences in each platform. This might come down to the trading products on offer or the type of investor each broker is aiming to provide service to. To find out which services the best Robinhood alternatives offer, take a look at our comparison of the best online brokers.

📝 How do I sign up to the best Robinhood alternatives?

In the modern age of online providers, signing up to a new online broker is extremely quick and easy. However, each broker might have a slightly different registration process. To find out how one signs up to these brokers, take a look at our broker reviews. We provide a step-by-step guide on how to sign up, making your life as convenient as possible. Begin trading as soon as possible!

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