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Best investing app alternatives to Robinhood

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ROBINHOOD ALTERNATIVES

Robinhood Alternatives | Looking for a Robinhood (app) alternative? Here are the
best investing app alternatives to Robinhood:

TD Ameritrade
Both new and experienced investors can get the most out of TD Ameritrade, which
was proclaimed the best stock trading platform by StockBrokers, NerdWallet,
and The Motley Fool. There are no fees or account minimums, yet you have many
investment options such as stocks, bonds, options, margins, and more. TD
Ameritrade offers not only extensive research analytical tools, but it also has
an entire education platform with immersive courses, articles, videos, and even
in-person events (when those can happen again, anyway).

You can download the TD Ameritrade app for iOS on the Apple App Store and
the Google Play Store for Android.

Fidelity
StockBrokers calls Fidelity the best option for everyday investors. Like many of
the other options listed, there’s no commission fee or account minimum. Fidelity
offers more than trading; you can also invest for retirement, as well. The
platform offers clients wealth management advice and market analysis tools if
you want to make your own stock decisions. If you’re more experienced with the
stock market — or plan to be — Fidelity also has an Active Trader Pro desktop
platform to watch the market in real time.

You can download the Fidelity app for iOS on the Apple App Store and the Google
Play Store for Android.

E*TRADE
Like TD Ameritrade, E*TRADE is the best of both worlds: There’s a wealth of
information for beginner investors, and a large investment selection for those
who are more experienced. E*TRADE has no commission fee and no account minimums,
so you can get started right away. The app also offers extensive research of the
market. If you’re a beginner and want to dive in headfirst — or someone who’s
been investing and wants to learn more — consider E*TRADE.

You can download the E*TRADE app for iOS on the Apple App Store and the Google
Play Store for Android.

Acorns
Acorns is a good option for those dipping their toes into the world of trading.
Acorns does cost money ($1 to $5 a month, depending on what plan you choose),
but it also offers more than just investing. If you solely want investing,
Acorns will cost you just $1 a month. Acorns is a more holistic financial app
with offerings like retirement and checking accounts. The app lets you “invest
your change” into stocks: When you link your debit or credit cards, Acorns
rounds up your purchases and puts the difference into stocks. The app and
website provide more educational information than Robinhood, so you can learn as
you go.

You can download the Acorns app for iOS on the Apple App Store and the Google
Play Store for Android.

Betterment
Like Acorns, Betterment offers more than just stocks. With Betterment, you can
set up retirement and checking accounts; it also lets you sync other accounts.
The Betterment Digital plan has a 0.25 percent annual management fee, but a zero
account minimum. Their other plan, Betterment Premium, has a $100,000 account
minimum and a 0.4 percent annual fee. This app is a good option for those who
want more hands-off investing, as Betterment offers robo-advisors to handle your
portfolio for you.

You can download the Betterment app for iOS on the Apple App Store and the
Google Play Store for Android.

Ally Invest
Ally Invest offers two options: self-directed trading or managed portfolios with
a robo-advisor. If you choose the latter, you won’t have a commission fee or
account minimum. In addition to a wide array of investing options like stocks,
bonds, options, and margins, Ally also has research and market analysis tools so
you can make your own choices. If you want a robo-advisor, you can get started
with $100 and have access to Ally’s recommendations and monitoring of your
investments.

You can download the Ally app for iOS on the Apple App Store and the Google Play
Store for Android.

WeBull
WeBull is a newer trading platform that doesn’t have the same extensive
investing options that more traditional apps like TD Ameritrade and E*TRADE, but
you can still invest in stocks, options, and cryptocurrency. You can create an
individual brokerage account on WeBull or start an IRA for retirement. WeBull
has extended trading hours before and after market closings, and market analysis
tools. There are also no account minimums or commission fees. Those who sign up
for WeBull from now until February 1 get two free stocks, and can get two more
with an initial deposit of $100 or more.

You can download the WeBull app for iOS on the Apple App Store and the Google
Play Store for Android.

Cash App
Cash App is primarily known as a Venmo alternative to exchange money with
friends, but it’s also a great investing option for beginners. Like Robinhood,
Cash doesn’t take any commissions on trades, and it’s easy to set up an account
on the app’s investing tab. You can trade stocks and Bitcoin but not anything
else; if you’re interested in stock options or other investing tools, you’ll
need another app. If you’re also the time to watch the market and do heavy
research, Cash may not be the investing app for you. As of publication, GameStop
and Blackberry can’t be traded on Cash App.

You can download the Cash app for iOS on the Apple App Store and the Google Play
Store for Android.





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   * Best alternatives to Robinhood
   * Better alternatives to Robinhood
   * Brokers like Robinhood
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