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Robinhood Alternatives

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PlanMonthlyAnnual
FreeFree—
RobinhoodFree—
Robinhood GoldMost popular$5.00/mo$50.00/yr
Robinhood Gold (optional)Free—

Verdict

Robinhood pioneered commission-free retail trading and now bundles stocks, ETFs, options, crypto, and IRA at $0 with Gold at $5 monthly adding margin plus Level II. For most US retail traders Robinhood remains the default choice, but five competitors win on specific workflow shapes: eToro for copy trading, Webull for free Level II without a paywall, Public for treasuries plus alts, Moomoo for free Nasdaq Level II, and tastytrade for capped options pricing.

By Subrupt EditorialPublished Reviewed

US retail brokerages split into three buyer types: simplicity-first investors who want stocks plus ETFs plus crypto in one app (Robinhood, Public), active traders who need Level II quotes plus advanced charts (Webull, Moomoo, tastytrade), and social-or-copy traders building portfolios from other people's positions (eToro, Public). Robinhood spans buyer type one, the Webull plus Moomoo cluster spans buyer type two, eToro owns buyer type three.

Math on cost: a retail trader executing 50 trades monthly across stocks plus options pays $0 commission on Robinhood and the same on Webull, Moomoo, Public, and tastytrade. The differences sit in margin rates (Robinhood Gold 5.75%-12% vs Webull 6.49%-9.49% vs Moomoo 5.74%-7.74%), Level II access (free on Webull plus Moomoo, $5 Gold on Robinhood, $14.99 add-on on Webull Pro), and product breadth (treasuries plus bonds plus alts on Public, copy trading plus crypto staking on eToro, deep options pricing on tastytrade).

Pick by your trading shape. Copy other portfolios with social feed: eToro. Free Level II quotes plus paper trading: Webull. Treasuries plus bonds plus alts plus social: Public. Free Nasdaq Level II plus heat maps: Moomoo. Capped $1-to-open options plus futures: tastytrade.

Affiliate disclosure: Subrupt earns a commission when you switch to a service through our recommendation links. This never changes the price you pay. We only recommend services where there's a real cost or feature advantage for you, and our picks are based on the data on this page, not on which programs pay the most.

Quick pick by use case

If you only have thirty seconds, find your situation below and skip to that pick.

If your priority is copying other investors plus social trading plus crypto stakingeToroeToro CopyTrader lets you mirror investor portfolios automatically, plus crypto staking on Silver+ tier, where Robinhood is solo-trader oriented.If your active trading needs Level II quotes plus advanced charts freeWebullWebull Free includes Level II quotes plus advanced charts plus paper trading at $0, where Robinhood paywalls Level II behind Gold at $5 monthly.If your portfolio includes treasuries plus bonds plus alts beyond stocks plus cryptoPublicPublic Free covers stocks plus ETFs plus crypto plus treasuries plus bonds plus alts in one app, broader product set than Robinhood.If your trading depends on free Nasdaq TotalView Level II plus heat mapsMoomooMoomoo Free includes free Level II plus advanced charts plus heat maps where Webull charges $14.99 monthly Pro and Robinhood paywalls behind Gold.If your options plus futures trading needs capped pricing plus deep toolstastytradetastytrade caps options at $1 to open plus $0 to close plus $5 max equity options commissions, where Robinhood charges $0 but lacks the depth of trade analyzer plus dough.com content.

At a glance: Robinhood alternatives

Quick comparison across pricing floor, best fit, and switching effort. Tap a row to jump to the full pick.

Our picks for Robinhood alternatives

#1

eToro

Free tierLow switching effort

Best for copy trading plus social

Try eToro

eToro Free covers commission-free stocks plus ETFs plus CopyTrader social trading plus crypto plus commodities plus indices. Club Silver+ tiers (based on $5K-$250K balance) add reduced spreads plus dedicated account manager plus crypto staking. Where Robinhood is built for solo retail traders, eToro is built around social investing: CopyTrader lets you mirror another investor's portfolio automatically, with the copied investor earning a small fee. For traders who want to learn from or follow successful investors, eToro's social shape beats Robinhood's solo-trader app. The trade vs Robinhood: weaker US options coverage, FX-and-CFD-leaning UI, smaller US customer base.

Strengths

  • +CopyTrader mirrors successful investors automatically
  • +Crypto staking on Silver+ tier
  • +Reduced spreads on Club tiers
  • +Strong fit for social-learning investors

Trade-offs

  • −Weaker US options coverage
  • −FX-and-CFD-leaning UI confuses US-only users
  • −Smaller US customer base than Robinhood
Free
Stocks + ETFs + crypto + CopyTrader
Club Silver+
Tier-based (balance $5K+)
Strength
Social copy trading
Founded
2007 (Israel)
Migration steps
  1. Sign up at etoro.com (free).
  2. Transfer Robinhood positions via ACATS.
  3. Configure CopyTrader if mirroring other investors.
  4. Run parallel for 30 days plus learn the UI.
  5. Cancel Robinhood positions or hold both for diversification.

Not for: Pass on eToro if your trading is US-only options-heavy without copy-trading interest; staying with Robinhood keeps the simpler US-options UX.

#2

Webull

Free tierLow switching effort

Best for free Level II quotes

Try Webull

Webull Free includes commission-free stocks plus ETFs plus options plus advanced charts plus Level II quotes plus paper trading plus extended hours at $0. Pro at $14.99 monthly adds Nasdaq TotalView premium real-time data plus advanced order types. Where Robinhood paywalls Level II behind Gold at $5 monthly (and Nasdaq TotalView remains hidden), Webull ships standard Level II free at every tier. For active traders who need Level II reads daily, Webull eliminates the Gold tax. The trade vs Robinhood: less polished UI, weaker IRA experience, no 4% APY cash bonus.

Strengths

  • +Free Level II quotes at $0 tier
  • +Free paper trading plus advanced charts
  • +Pre-market plus extended hours included
  • +Strong fit for active traders

Trade-offs

  • −Less polished UI vs Robinhood
  • −Weaker IRA experience
  • −No 4% APY cash equivalent
Free
Stocks + Level II + paper trading
Pro
$14.99/mo (Nasdaq TotalView)
Strength
Free Level II at $0 tier
Founded
2017 (China-backed)
Migration steps
  1. Sign up at webull.com (free).
  2. Transfer Robinhood positions via ACATS.
  3. Configure paper trading plus Level II watchlists.
  4. Run parallel for 30 days plus compare execution.
  5. Cancel Robinhood Gold once Webull covers active trading.

Not for: Webull falls short for IRA-driven retirement portfolios where Robinhood Gold IRA match is paying back; staying with Robinhood is correct for IRA shape.

Paid plans from $14.99/mo

#3

Public

Free tierLow switching effort

Best for treasuries plus bonds plus alts

Try Public

Public Free covers commission-free stocks plus ETFs plus crypto plus treasuries plus bonds plus alts plus social investing feed. Premium at $10 monthly or $96 yearly adds advanced analytics plus AI insights plus higher instant deposits plus Morningstar reports. Where Robinhood focuses on stocks plus ETFs plus options plus crypto, Public's product set extends to treasuries (US T-bills directly), corporate bonds, and alternative assets (collectibles, music royalties, art). For diversified portfolios beyond pure equity exposure, Public covers asset classes Robinhood does not. The trade vs Robinhood: weaker options trading, smaller customer base, newer platform.

Strengths

  • +Treasuries plus bonds plus alts in one app
  • +AI insights plus Morningstar reports on Premium
  • +Social investing feed
  • +Strong fit for diversified portfolios

Trade-offs

  • −Weaker options trading vs Robinhood
  • −Smaller customer base
  • −Newer platform with less stability
Free
Stocks + ETFs + crypto + treasuries + alts
Premium
$10/mo or $96/yr
Strength
Treasuries + bonds + alts
Founded
2019 (US)
Migration steps
  1. Sign up at public.com (free).
  2. Transfer Robinhood positions via ACATS.
  3. Configure treasuries plus bonds plus alts allocations.
  4. Run parallel for 30 days plus compare yields.
  5. Cancel Robinhood subscription once Public covers diversified portfolio.

Not for: Public is the wrong fit for options-heavy traders; staying with Robinhood plus tastytrade fits options shapes better.

Paid plans from $10.00/mo

#4

Moomoo

Free tierLow switching effort

Best for free Nasdaq Level II

Try Moomoo

Moomoo Free includes commission-free stocks plus ETFs plus options plus free Level II quotes plus advanced charts plus heat maps plus paper trading. Plus at $6.99 monthly typical adds premium real-time data plus research plus pre-market plus extended hours. Where Webull caps free at standard Level II and charges $14.99 for Pro Nasdaq TotalView, Moomoo includes Nasdaq Level II free at the $0 tier. For day traders watching Nasdaq order flow, Moomoo's free Level II is the lowest credible cost. The trade vs Robinhood: smaller US customer base, China-backed parent company concerns, weaker IRA experience.

Strengths

  • +Free Nasdaq Level II at $0 tier
  • +Heat maps plus advanced charts free
  • +Paper trading plus pre-market hours
  • +Strong fit for Nasdaq day traders

Trade-offs

  • −China-backed parent (Futu) concerns for some traders
  • −Smaller US customer base
  • −Weaker IRA experience
Free
Stocks + Level II + heat maps
Plus
$6.99/mo (premium data)
Strength
Free Nasdaq Level II
Founded
2018 (Futu Holdings)
Migration steps
  1. Sign up at moomoo.com (free).
  2. Transfer Robinhood positions via ACATS.
  3. Configure Level II plus heat map watchlists.
  4. Run parallel for 30 days plus compare data feeds.
  5. Cancel Robinhood Gold if Moomoo covers Level II workflow.

Not for: Moomoo falls short for traders concerned about China-backed brokerages; Webull plus Robinhood are alternatives without that exposure.

Paid plans from $6.99/mo

#5

tastytrade

Free tierMedium switching effort

Best for capped options pricing

Try tastytrade

tastytrade Free covers $1 to open plus $0 to close on options with $5 max equity options commissions. Futures plus crypto plus paper trading plus free real-time data plus advanced trading platform are included free. Where Robinhood charges $0 commissions on options but provides limited analysis tools, tastytrade ships a deep options-focused platform with trade analyzer plus dough.com educational content. For serious options traders, tastytrade's depth beats Robinhood's stripped-down interface even at the same $0 floor. The trade vs Robinhood: smaller customer base, futures-and-options-leaning UI confuses casual traders.

Strengths

  • +$1 to open + $0 to close + $5 max options
  • +Trade analyzer plus dough.com content
  • +Futures plus crypto plus free real-time data
  • +Strong fit for serious options traders

Trade-offs

  • −Smaller customer base than Robinhood
  • −Futures-and-options-leaning UI
  • −Weaker stocks-only experience
Free
$1 to open + $0 to close options
Premium Data
Free real-time
Strength
Options depth + content
Founded
2017 (Tom Sosnoff team)
Migration steps
  1. Sign up at tastytrade.com (free).
  2. Transfer Robinhood positions via ACATS.
  3. Configure trade analyzer plus options watchlists.
  4. Run parallel for 30 days plus compare options execution.
  5. Cancel Robinhood once tastytrade covers options shape.

Not for: tastytrade is the wrong call for stocks-only investors; staying with Robinhood or Public fits stocks-first shapes better.

When to stay with Robinhood

Stay with Robinhood if your portfolio uses Robinhood Gold for margin plus 4% APY cash, your tax lots are deeply settled, or your IRA match is paying back the Gold subscription. The picks below address social-trading eToro, Level-II-free Webull, alts-and-treasuries Public, free-Level-II Moomoo, and options-cap-friendly tastytrade.

5 Alternatives to Robinhood

eToroFree tier

From $0/mo (free)

Switch to eToro
WebullFree tier

Webull from $14.99/mo

From $14.99/mo

Switch to Webull
PublicFree tier

Public from $10.00/mo

From $10.00/mo

Switch to Public
MoomooFree tier

Moomoo from $6.99/mo

From $6.99/mo

Switch to Moomoo
tastytradeFree tier

From $0/mo (free)

Switch to tastytrade

Price Comparison

Compared against Robinhood Robinhood Gold ($5.00/mo)

Continue your research

eToro alternativesWebull alternativesPublic alternativesMoomoo alternativestastytrade alternatives

How we picked

Trading platform alternatives split along three vectors: trader shape (passive long-term vs active day trader vs options-heavy vs social-copy), feature scope (stocks-only vs stocks plus options plus crypto vs full asset class breadth), and pricing model (free with subscription tier vs free pure-play vs commission-based). Picks below address each combination.

Pricing pulled from each broker's site on the review date. We score on cost-at-volume for representative trader profiles (50 trades monthly, options-heavy day trader, retirement-IRA holder), real-time data access, plus feature breadth at the entry tier. We weight against brokers that paywall basic data (Level II) at higher tiers when peers ship it free.

Update history1 update
  • Initial published version with 5 picks.

Frequently asked questions about Robinhood alternatives

When does Robinhood Gold become worth $5 monthly?

Three triggers: (1) you use margin actively (Gold rate is competitive at 5.75%-12%); (2) you keep $5K+ cash earning 4% APY (vs 0% on free tier); (3) you contribute to IRA and want the Gold IRA match. If none apply, free tier covers most retail trading. Webull plus Moomoo provide free Level II making the Gold subscription unnecessary for that data alone.

How do these brokers compare on options pricing?

Robinhood plus Webull plus Moomoo plus Public charge $0 commission on equity options. tastytrade caps at $1 to open plus $0 to close plus $5 max equity options. eToro has limited US options. For high-volume options trading (50+ contracts daily), tastytrade's cap typically saves money once contract count exceeds 5-10 per day; below that, Robinhood plus alternatives at $0 are the lowest cost.

What about Fidelity, Schwab, or Interactive Brokers as Robinhood alternatives?

Fidelity plus Schwab are full-service traditional brokers with $0 commissions on stocks plus ETFs plus options, deeper research tools, and stronger IRA experiences. Interactive Brokers offers institutional-grade features at $0 commission on Lite tier. The trade-offs vs Robinhood: less polished mobile UX, more complex platform, less crypto coverage. For long-term retirement-focused investors, Fidelity plus Schwab typically pay back; for active mobile-first retail traders, Robinhood plus alternatives in this guide fit better.

How do I evaluate ACATS transfer between brokers?

Three factors: (1) ACATS is the industry-standard portfolio transfer mechanism, takes 5-10 business days; (2) most brokers reimburse ACATS fees ($75 typical) when transferring in, especially Webull plus Public plus Moomoo for promotional periods; (3) cost-basis history transfers automatically with ACATS, preserving tax records. Plan 1-2 weeks for clean Robinhood-to-Webull transfer with under 50 positions.

Are these brokers SIPC-insured plus safe?

All listed brokers are SIPC-insured up to $500K (including $250K cash) per account. Robinhood plus Webull plus Moomoo plus Public plus tastytrade plus eToro USA are FINRA-regulated brokers. Crypto holdings are typically not SIPC-insured (held in separate crypto wallets). Diversifying across multiple SIPC-insured brokers can protect portfolios above $500K, but typical retail accounts under $500K have full SIPC coverage at any of these brokers.

SE

About the author: Subrupt Editorial

The team behind subrupt.com. We track subscriptions, surface cheaper alternatives, and publish comparisons where the score formula is on the page so you can recompute it yourself. We do not claim 30,000 hours of testing. What we claim is live pricing from our database, a transparent composite score, and honest savings math against a category baseline.

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