Robinhood Alternatives: Pros, Cons, And How It Stacks Up for 2025
This alternatives to Robinhood guide has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to Robinhood to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to Robinhood like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their customers. If you feel that Robinhood is not quite right for you then it would be worth getting a demo account with some of the top Robinhood alternatives and ensuring that they are a better fit for you before moving any money around.
The most complete guide to Robinhood alternatives on the web
There's a lot of reasons Robinhood may not be a good fit for your trading needs. Whatever reason you are looking for the best Robinhood alternative or Robinhood competitor with better services, we try to give you as much helpful information so you can make an informed decision. Below you will find the most popular Robinhood alternatives.
For each of the alternative to Robinhood, we break down the key differences to Robinhood and for each section show you the best competitors. For every Robinhood alternative online trading platform shown we also have detailed broker reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with Robinhood, we can show you some great alternative brokeragesbrokers|online trading platforms|brokerages.
Having a professional and dependable online broker is crucial to having a successful trading career. All of the Robinhood alternative brokers we list in this Robinhood alternatives guide have good reputations and can match what you are looking for.
Alternatives With Lower Minimum Deposit
Robinhood has a minimum desposit of $0, you should check how the minimum deposit requirements of Robinhood compare with the minimum deposits of Robinhood competitors. Trading platforms often have lower minimum deposits to get traders to test them out, but having higher a minimum deposit requirement isn’t always a bad thing, it all comes down to your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
Robinhood |
$0 | |
| freetrade |
$0 | |
| ThinkMarkets |
$0 | |
| Spreadex |
$0 | |
| XTB |
$0 |
Alternatives Offering Virtual Portfolio Accounts
Robinhood offers virtual portfolio accounts so you can test your trading strategies before risking any real capital. Newbie traders can open a demo account in order to better understand the areas of Forex trading and test out some of the company’s features before risking a live account.
Below we detail some of the best alternatives to Robinhood that have demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
Robinhood |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
Robinhood does not provide negative balance protection. If your balance is unfavorable, Robinhood indicates you contact client services. Then you are able to fix any imbalances within your account.
Below we list some of the best alternatives to Robinhood that has negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
Robinhood |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
Robinhood provide a guaranteed Stop Loss order.
When there is no free margin left with the client, Robinhood will stop your positions. When the losses in the stopped out position exceeds your account balance, you may encounter a negative account balance.
Below we show some of the top Robinhood alternatives that have guaranteed stop loss available for their clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
Robinhood |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
Robinhood do permit scalping. Several traders throughout the world choose Robinhood due to their services that are trading. They offer trading on Web Trader, Tablet & Mobile apps which allow this.
Below we detail some of the top alternatives to Robinhood that offer scalping functionality to their customers.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
Robinhood |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
Robinhood do permit hedging. Several traders around the world choose Robinhood for their large range of services. They offer trading on Web Trader, Tablet & Mobile apps.
Below we detail some of the top alternatives to Robinhood that allow hedging services to their client base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
Robinhood |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Robinhood offers social trading which encompasses leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading.
Below we list some of the top alternatives to Robinhood that have social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
Robinhood |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Robinhood offers copy trading which gives access to leading traders sharing their knowledge with the community. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is calculated social trading..
Below we list some of the best alternatives to Robinhood that have copy trading to their users
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
Robinhood |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare Robinhood To All Other Brokers