We found 11 online brokers that are appropriate for Trading Robinhood Alternative Investment Platforms.
It has been eight months since Robinhood's launch in the UK was cancelled after being hyped since early 2020. Robinhood has been halting its launch in the UK despite the long anticipations of many traders due to operational problems. Unfortunately, the COVID-19 pandemic also contributed to the launch delay as Robinhood is forced to focus on the US market. Despite this sustained launch delay, many UK investors are still anticipating for the day when Robinhood will finally be launched in the UK.
With mention of Robinhood's UK launch being delayed indefinitely, many are speculating that this launch is in fact cancelled due to the total shutdown of the UK Robinhood site. They have also deleted the waiting list that already contained the first few people who will join UK's Robinhood. Furthermore, Robinhood has even moved its human resources to support the US-focused market project. However, Robinhood has not yet directly clarified this speculation.
Furthermore, after capitalizing on the market volatility throughout the pandemic, Robinhood has already amassed 13 million users. Robinhood is also known as the popular choice for retail investors. The value of the app actually reached its peak at $8.6 billion dollars. Since then, millions of retail investors have joined Robinhood. This massive increase in its users resulted a system outage 10 months ago. The following lawsuit on Robinhood further led to the brokerage refocusing its efforts on supporting its US services.
At this point, it might not be far-fetched to say that the UK launch cancelation is a reasonable decision for the company to take. It also makes sense that the company migrated its resources to their home so that the firm can focus on the US markets. Even though the UK anticipated the Robinhood launch, this move might benefit Robinhood's business operations better. Furthermore, work from home arrangements changed the situation radically as younger US investors started to join Robinhood.
It is unfortunate that the UK's Financial Conduct Authority has already provided its approval for Robinhood. This means that Robinhood had already obtained all licenses needed to set up an office and operate legally in the UK. Hiring processes for UK employees were also underway. With so many official processes that have already taken place, it is clear that this definite halt of Robinhood's UK launch was not an easy business decision to make.
Apart from the UK, the company has further confirmed that all global expansion plans will be halt. Even though Robinhood has already gained increasing popularity among millennials, it seems that the time is not right for its global expansion yet. Even though Robinhood is already reputable for its zero-free trading, no minimum deposit, and easy-to-use app, competition within the UK market still remains tight. Therefore, this is another reason why it may be a good business decision to refocus efforts on the US market where Robinhood already has a stronghold.
In conclusion, despite not receiving direct confirmation from Robinhood, it seems that its launch in the UK is cancelled. However, given the unprecedented circumstances thrown by the COVID-19 pandemic, stepping out of the UK market might be a wise decision for Robinhood. However, this does not mean that Robinhood will not enter the UK market in the future. As long as market conditions are optimal, there is certainly a possibility that the UK launch for Robinhood will happen in the future.
We've collected thousands of datapoints and written a guide to help you find the best Robinhood UK Launch for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Robinhood Alternative Investment Platforms below. You can go straight to the broker list here.
There are a number of important factors to consider when picking an online Robinhood Alternative Investment Platforms trading brokerage.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
We compare these features to make it easier for you to make a more informed choice.
Here are the top Robinhood Alternative Investment Platforms.
Compare Robinhood Alternative Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Robinhood Alternative Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Robinhood Alternative Investment Platforms that accept Robinhood Alternative Investment Platforms clients
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eToro
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IC Markets
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XTB
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AvaTrade
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FP Markets
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Pepperstone
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EasyMarkets
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XM
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Plus500
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FXPrimus
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SpreadEx
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Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | 200 | No minimum deposit | 250 | 100 | 200 | 100 | 5 | 100 | 100 | 1 |
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Used By | 20,000,000+ | 180,000+ | 250,000+ | 200,000+ | 10,000+ | 10,000+ | 142,500+ | 3,500,000+ | 15,500+ | 10,000+ | 10,000+ |
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Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
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Up with spreadex |
Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk | Your capital is at risk | 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits |
Demo |
eToro Demo |
IC Markets Demo |
XTB Demo |
AvaTrade Demo |
FP Markets Demo |
Pepperstone Demo |
easyMarkets Demo |
XM Demo |
Plus500 Demo |
FXPrimus Demo |
SpreadEx Demo |
Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | BR, KR, IR, IQ, SY, JP, US | US | US, CA, IL, KR, IR, MM, CU, SD, SY | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, TR |
You can compare Robinhood Alternative Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
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We have listed top Robinhood Alternative Investment Platforms below.