11 Best Robinhood Alternatives To Start Investing Your Money

If you are using the Robinhood app for investing, you might be considering switching or just testing out something different.

Robinhood provides free stock trading, options, ETF, and cryptocurrency trades, and to get started there is no account minimum.

Is Robinhood really free? Robinhood is the pioneer in commission-free trading, which means you retain more of your gains.

Each of these alternatives to Robinhood offers similar and different features compared to one another. Pending your investing and financial goals, one may suit you better than others.

Acorns is a popular finance app that also lets you invest in multiple trading options at $0. On their investing side, you have some neat options.

Acorns

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2.

 M1 Finance

M1 Finance is a free brokerage and financial platform that offers “automated investing.” When you invest with them, you’ll be able to invest in fractional shares of stocks or even ETFs.

3.

Stash

Another investing app to consider is Stash, which you’ll have access to banking, investments, retirement, and saving all in one.

4.

Webull

And it’s good for any level of stock trading knowledge, so whether you are a beginner or a pro, Webull can be a great platform for you.

5.

Ally Invest

Ally Invest may sound familiar because it’s another product off the widely popular Ally Bank. However, you do not need to be a banking customer to have access to their investing platform.

6.

Stockpile

One unique aspect of Stockpile is they are the only brokerage where you can give an e-gift or physical gift card that is redeemable for stock.

7.

eToro

This platform has quickly become one of the most popular crypto destinations that offer access to the best coins, with no hidden fees.

And there you have the best Robinhood alternatives that you might want to consider. As you can see, there are more options that offer commission-free stock trading and keep fees to a minimum.

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