Robinhood Alternatives And Competitors


Robinhood. is an American financial services company headquartered in Menlo Park, California, that facilitates commission-free trades of stocks, exchange-traded funds and cryptocurrencies via a mobile app introduced in March 2015. Robinhood is a FINRA-regulated broker-dealer, registered with the U.S. Securities and Exchange Commission, and is a member of the Securities Investor Protection Corporation. The company’s revenue comes from three main sources: interest earned on customers’ cash balances, selling order information to high-frequency traders (a practice for which the SEC opened an investigation into the company in September 2020) and margin lending. As of April 2022, Robinhood had 22.8 million funded accounts and 15.9 million monthly active users. In April 2022, Robinhood rolled out a cryptocurrency wallet to more than 2 million users.

1. Staax

Staax logo
Staax screenshot

2. Venmo

Venmo logo
Venmo screenshot

3. Cash App

Cash App logo
Cash App screenshot

4. Acorns

Acorns logo
Acorns screenshot

5. Apple Pay Cash

Apple Pay Cash logo
Apple Pay Cash screenshot

6. Zelle

Zelle logo
Zelle screenshot