USAA Alternatives: Pros & Cons for 2024
This alternatives to USAA guide has been updated for 2024 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 USAA to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to USAA like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their customers. If you feel that USAA is not quite right for you then it would be worth getting a demo account with a range of the best USAA alternatives and ensuring that they are a better fit for you before moving any money around.
The most complete guide to USAA alternatives online
There's many reasons USAA may not be a good fit for your trading needs. Whatever reason you are looking for the top USAA alternative or USAA competitor with better services, comparebrokers.org try to give you as much useful information so you can make an informed decision. Below you will find the top USAA alternatives.
For each of our alternative to USAA, we also highlight the key differences to USAA and for each platform feature show you the best competitors. For every USAA alternative online broker shown we also have detailed trading platform 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 unimpressed with USAA, discover some great alternative brokersbrokers|online trading platforms|brokerages.
Using a reputable and dependable trading platform is vital to your trading success. All of the USAA alternative platforms we list in this USAA alternatives guide have good reputations and can match what you are looking for.
Alternatives With Lower Minimum Deposit
USAA has a minimum desposit of $25, you should check how the minimum deposit requirements of USAA compare with the minimum deposits of USAA competitors. Online brokers often have lower minimum deposits to get users to test them out, but having higher a minimum deposit isn’t necessarily a bad thing, it all comes down to your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
USAA |
$25 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| IC Markets |
$200 |
Alternatives Offering Demo Accounts
USAA offers virtual portfolio accounts so you can test your trading strategies before risking any real capital. New traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before signing up for a live account.
Below we list some of the best alternatives to USAA that has demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
USAA |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
USAA does not offer negative balance protection. If your balance is unfavorable, USAA indicates you promptly contact customer services. So you can fix any imbalances in your own account.
Below we show some of the best alternatives to USAA that offer negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
USAA |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
USAA regrettably, does not provide guaranteed stop loss. USAA provides an opportunity to its traders to close their trades in their given price. Apart from that, USAA doesn't offer guaranteed stop loss.
Below we detail some of the top USAA alternatives that offer guaranteed stop loss available for their clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
USAA |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
USAA do permit scalping. Several traders across the world select USAA due to their services that are trading. They offer trading on MT4 ,Android,iPhone,Mac which allow this.
Below we show some of the best alternatives to USAA that allow scalping functionality to their clients.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
USAA |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
USAA do allow hedging. Several traders throughout the world select USAA for their hedging services. They offer trading on MT4 ,Android,iPhone,Mac.
Below we detail some of the top alternatives to USAA that allow hedging services to their user base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
USAA |
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, USAA offers social trading which encompasses 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. It is a more independent version of copy trading.
Below we list some of the best USAA alternatives that has social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
USAA |
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, USAA offers copy trading which gives access to leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what 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 detail some of the best alternatives to USAA that have copy trading to their users
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
USAA |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare USAA To All Other Brokers