When trading on Robinhood, many investors felt frustrated by limited features and sudden restricted trading decisions. Robinhood made a big splash early on, yet it falls short for serious options traders and crypto users. After halting trades on stocks like GameStop and AMC, trust in the app declined sharply. Moreover, unlike Robinhood, other apps offer extended trading tools and improved investor protections. If you’re looking for the best Robinhood alternatives to consider in 2025, this list of the best platforms helps. This guide highlights platforms like Robinhood that better match your investing goals and risk preferences.
Why Investors Are Looking for an Alternative to Robinhood in 2025?
Many investors now question Robinhood’s trading platform due to its limited investment options and trading tools. Although it offers commission-free stock trading, advanced traders demand more robust features for deeper market analysis.
Additionally, the mobile app lacks the sophistication some options traders and crypto investors expect. While Robinhood still appeals to some beginners, others seek a more diverse investment app with ETFs and mutual funds.
Furthermore, platforms like Webull and Fidelity offer advanced research tools and a better trading experience. Consequently, users increasingly consider a broker that provides better value, functionality, and support for long-term investment goals.
Key Factors to Consider in a Trading App
- Trading fees: Look for platforms that offer commission-free trading across stocks, ETFs, and options.
- Investment options: Choose apps providing access to crypto, mutual funds, stocks, and ETFs.
- Research tools: Ensure the broker includes reliable market data, news, and fundamental analysis tools.
- Platform usability: A well-designed mobile app improves trading efficiency and investor satisfaction.
- Trading features: Advanced charting, option trading tools, and alerts are essential for active traders.
- Account types: Support for retirement accounts, taxable brokerage, and margin trading is beneficial.
- Security standards: Ensure secure logins, encrypted data, and regulatory compliance for investor protection.
- Customer support: Look for platforms with responsive service via chat, phone, or email.
Top 10 Robinhood Alternatives
1. Webull:
Webull offers a feature-rich platform for those seeking apps similar to Robinhood but with better tools. Although Robinhood made a big splash with commission-free trades, Webull offers a more advanced experience. Moreover, options trading besides Robinhood is far more intuitive on this platform. Unlike Robinhood Gold, Webull provides many features without added subscription fees. Consequently, many consider it one of the best brokerage apps for active traders.
Key Features:
- Commission-free stock and options trading
- Built-in technical indicators and charting tools
- Access to crypto trading
- Real-time market data
- Extended-hours trading availability
2. Fidelity:
Fidelity remains one of the leading Robinhood competitors due to its broad investment offerings and zero-fee structure. While Robinhood may attract beginners, seasoned investors often seek alternatives offering more robust financial services. Particularly, Fidelity supports mutual funds, retirement accounts, and stocks like GameStop. Additionally, its research and analysis tools go beyond what Robinhood offers. Therefore, it’s a strong alternative to Robinhood for long-term portfolios.
Key Features:
- Free stock trading across various asset classes
- Access to mutual funds and ETFs
- Advanced research tools and analyst insights
- Exceptional customer service
- Broad range of account types
3. eToro:
eToro has grown into a global investing app offering commission-free trading and a social investing experience. Unlike Robinhood, eToro allows traders to copy the strategies of top performers. Moreover, this platform offers crypto trading in addition to stock trading apps functionality. Consequently, it’s favored by users looking for something better than Robinhood. Although it’s newer in the U.S., its global success is evident.
Key Features:
- Copy-trading from experienced investors
- Commission-free trades for stocks and ETFs
- User-friendly mobile interface
- Supports fractional shares and crypto
- Ideal for international diversification
4. SoFi Invest:
SoFi Invest is an excellent alternative to Robinhood for beginners wanting an all-in-one financial platform. While trading on Robinhood may appeal to first-time users, SoFi offers more than just a stock trading app. It includes loans, banking, and career planning tools. Furthermore, this app offers automated and active investing options. Hence, it’s perfect for users wanting simplicity and value from one mobile app.
Key Features:
- Commission-free trades for stocks and ETFs
- Crypto trading and automated investing
- Financial planning resources
- Free stock promo for new users
- Simple interface ideal for first-time investors
5. Moomoo:
Moomoo stands out as one of the top Robinhood alternatives thanks to its strong technical analysis tools. Although Robinhood falls short in research features, Moomoo delivers institutional-grade insights. Concurrently, its mobile experience rivals stock apps like Robinhood while offering deeper analytics. Therefore, it’s ideal for serious traders who want better data tools.
Key Features:
- Free stock trading with advanced charts
- Real-time market depth data
- Commission-free options trading
- In-depth research reports
- Access to U.S. and Hong Kong markets
6. Public:
Public is a trading app that offers transparency and a social network feel, making it distinct from the Robinhood app. Albeit it lacks complex options tools, it appeals to users who prioritize community interaction. Furthermore, Public does not rely on payment for order flow, unlike Robinhood. This app offers commission-free trading and fractional shares as core benefits.
Key Features:
- Commission-free trades in stocks and ETFs
- Social investing feed and discussions
- Fractional share investing
- No payment for order flow
- Intuitive mobile design for casual investors
7. Charles Schwab:
Charles Schwab is a strong alternative to Robinhood for those valuing trust, legacy, and complete investing services. Although Robinhood restricted trading on volatile stocks like GameStop, Schwab remained consistent. Schwab’s platform offers commission-free trading, plus deep access to mutual funds, ETFs, and bonds. Accordingly, it’s well-suited for investors seeking long-term stability and full-service tools.
Key Features:
- Broad investment options including stocks, bonds, and mutual funds
- Zero trading fees across most securities
- Industry-leading research tools
- 24/7 customer support
- Retirement and tax-advantaged accounts
8. TradeStation:
TradeStation appeals to advanced users seeking apps that offer options trading and robust technical tools. Unlike Robinhood, this platform offers advanced desktop and mobile trading experiences. Particularly, TradeStation caters to active traders with customizable features. Therefore, it’s a preferred choice for professionals wanting more than basic apps can provide.
Key Features:
- Customizable charting and analysis software
- Options trading with multiple strategies
- Commission-free stock trades
- Mobile and desktop access
- Educational tools for strategy development
9. Interactive Brokers:
Interactive Brokers ranks among the best alternatives to Robinhood due to its global access and deep market tools. Although some find Robinhood easier for casual use, IBKR clearly wins for serious traders. Its commission-free options and access to international stocks create broader opportunities. Accordingly, it’s a favorite Robinhood alternative for institutional-level investing.
Key Features:
- Global market access with multi-currency support
- Commission-free trading for U.S. stocks and ETFs
- Advanced trading features and automation
- Robust mobile and web platforms
- Tiered and fixed pricing models available
10. Tastytrade:
Tastytrade (formerly Tastyworks) is one of the best investment apps for options trading besides Robinhood. Specifically built by professional traders, this platform offers advanced tools for options strategies. Although it lacks some assets like mutual funds, it excels in derivatives trading. Therefore, it’s widely respected among active options traders seeking alternatives that offer more depth.
Key Features:
- Powerful options trading interface
- Fast execution with real-time pricing
- Commission-free stock trading
- Customizable trade visualizations
- Extensive educational content and video series
Best Robinhood Alternative That Suits Your Investing Goals
Webull stands out as a strong alternative to Robinhood because it offers commission-free trades with advanced tools. Unlike Robinhood, Webull provides better technical charts and extended trading hours for active traders. Fidelity, meanwhile, appeals to long-term investors seeking access to mutual funds, IRAs, and more diversified investment options.
If you’re looking for an app like Robinhood but with more robust crypto trading, consider eToro or Public. Additionally, apps like SoFi and Moomoo support options trading besides Robinhood’s limitations. Consequently, the best brokerage will depend on your goals, whether you’re seeking free stock trading or more comprehensive portfolio features.
Conclusion
Robinhood is one of the leading apps, but many now seek a strong alternative to Robinhood. Whether it’s limited features or concerns about Robinhood for options trading, investors are reassessing their platform choices. Apps can you do options more freely include Webull, Fidelity, and other stock apps like Robinhood. These platforms like Robinhood often offer better support for crypto and stocks like GameStop and AMC. This list of Robinhood competitors offers smarter solutions for investors who demand more than a free app offers. Which of these favorite Robinhood alternatives best matches your trading style and long-term investment strategy?
For a detailed comparison, check out Charles Schwab vs Robinhood to see which platform suits your investing style better.