Robinhood Alternatives: The Best Stock Trading Apps

Using the best stock trading apps is critical for reliable information and making the right investment decisions at the right time. During the first year of COVID (March 2020 – February 2021) finance apps including Robinhood and Cash app saw the biggest increase in terms of total volume hours spent in-app among all app categories.

Although Robinhood is one of the most popular stock trading apps of recent times, the number of people looking for an alternative to Robinhood is too high to be underestimated. In this article, we have brought together the best stock trading apps for Android and iOS for the ones looking for alternatives to Robinhood.

TD Ameritrade Mobile

If you are a casual investor or a beginner or a novice investor and if you are looking for alternatives to Robinhood, TD Ameritrade Mobile can provide you with what you want. For active traders, TD Ameritrade offers another app called thinkorswim Mobile.   

TD Ameritrade Mobile allows you to view real-time quotes, explore integrated charts with indicators, set up price alerts, and access watch lists synced with your other TD Ameritrade platforms to stay up to date on your investments.

With its easy to use stock trading app, you can easily monitor the vitals of your account with easy access to your account history, orders, balances, and positions.

If you want to get price alerts without opening the app, TD Ameritrade Mobile provides you with push notifications for price alerts on equities, ETFs, options, and indices. 

You can also customize your user experience by setting up your Positions and Watch List screens just the way you want. 

The stock trading app also allows you to keep up with the round-the-clock market news, analyst reports, daily updates, and third-party research. 

Using the stock trading app, you can also transfer funds to and from your account, and use a mobile check deposit to deposit funds (up to $50,000 per day for non-retirement accounts and $100,000 for retirement account rollovers) whenever you want. 

App Store: Store Link

Google Play: Store Link

Fidelity Investments

Fidelity Investments is another easy to use stock trading app for casual traders and beginners. It can help you for different needs from stock viewing to ETF, and from mutual fund quotes to running through a screener to find investment ideas.

Via the stock trading app, you can create a personalized feed with customized news and tailored content. It enables you to manage your orders, account history, and pending Transactions as well as stock trading, money transfer, deposit checks, and paying bills. It also helps you to view your watch list in grid view or as a heat map.

If you want to get price alerts, Fidelity Investments app allows you to receive timely, customizable alerts via push notifications or the message center. It also helps you to talk to a Fidelity representative within the app. 

If you want to keep up with the investment news, you can also access Fidelity Viewpoints and view Live Bloomberg streaming videos.

Google Play: Store Link

App Store: Store Link

Also Read: The Best Investment Apps for Beginners

IBKR Mobile (Interactive Brokers)

IBKR Mobile is among the best stock trading apps especially for the active and advanced traders and it allows investors to trade stocks, options, futures, currencies, bonds, and funds on 135 global exchanges. With its low commissions that start at $0 in the U.S., it is among the top stock trading apps. 

It is close to mimicking the Interactive Brokers website experience with over 50 data columns and access to institutional quality research. Interactive Brokers

The stock trading app allows you to monitor market activity and trade with real-time quotes, charts, and market scanners. Both standard order types and complex option spreads are supported in the IBKR Mobile app. It also provides real-time alerts with email notifications. 

IBKR Mobile provides a technology called SmartRouting℠ that searches for the best price and dynamically routes and re-routes all or part of your order to achieve optimal execution.

From lightning-quick streaming data to full-featured order entry and portfolio management, Interactive Brokers includes everything professionals require to go trade on the go.

Google Play: Store Link

App Store: Store Link

Also Read: The Best Mobile Banking Apps

SoFi

As one of the best stock trading apps for especially beginners, SoFi provides users with a simple interface with very easy navigation. The app, which offers users free rewards for inviting their friends, allows them to invest in stocks, retirement funds, trade crypto, and more.

The app’s stock trading page provides recent price charts and basic fundamental data for supported assets. Beginners would appreciate looking through categories of stocks to gain ideas for their first investments. Additionally, there are educational materials available on the app’s stock account pages.

Google Play: Store Link

App Store: Store Link

E*TRADE

E*TRADE is one of the most comprehensive stock trading apps with its ease of use and advanced features. 

It allows commission-free online US-listed stock, ETF, and options trades, trading mutual funds, taking the guesswork out of choosing investments with professionally built portfolios, and getting help from real people whenever you need it. 

Via the E*TRADE app, you can get streaming quotes, charts, and portfolio information, set alerts and create watchlists for the investments you’re interested in, and stream live Bloomberg video. You are also provided with access to education and research tools as well as chat with customer service in the app. 

The stock trading app allows deposit check, paying bills, money transfer, and unlimited ATM fee refunds if you have an E*TRADE debit card.

Google Play: Store Link

App Store: Store Link

Also Read: The Best Expense Tracker Apps

TradeStation

TradeStation is a good alternative for active traders and professionals for stock trading. 

It allows you to trade stocks, ETFs, options, futures, and crypto all in a single trading app. With TradeStation app, you can get real-time streaming quotes and price alerts as well as volume swings on stocks, options, futures, and crypto. You can also get automatic notifications on positions that are moving significantly, and positions that have upcoming earnings for stocks, options, and futures. 

For more detailed analysis, it provides graph candlestick, OHLC charts,  chart intervals with custom timeframes and powerful risk measurement, volatility, and probability of profit stats for your options trades. 

Via the stock trading app, you can monitor stocks, options, futures, and crypto market depth and place trades with split-second precision. It also allows you to test your stock, options and futures trading strategies using a paper trading account. 

Trading Products

• Stocks
• ETFs
• Options
• Futures
• Crypto

Tradeable Cryptocurrencies

• Bitcoin
• Litecoin
• Ethereum
• Bitcoin Cash 
• XRP

Google Play: Store Link

App Store: Store Link