2019 Top rated Robin Hood competitor online brokerage companies offering free or low priced trades.

Top Robinhood Competitors

Brokerage Firm Rating Stock & ETF Options Cost Mutual Funds Min To Open Review
Firstrade Firstrade rating $0 $0 $0 $0 Review
M1 Finance 4.5-star brokerage firm rating $0 na na $0 Review
Robinhood 3-star brokerage firm rating $0 $0 $0 $0 Review
Ally Invest Ally Invest rating $4.95 $4.95 + $0.65 per contract $9.95 $0 Review
TD Ameritrade 4.5-star brokerage firm rating $6.95 $6.95 + $0.75 per contract $49.95 $0 Review


Best Free Brokerage Firms

Let's review the top free online brokerage companies in 2019:

-  Firstrade offers the lowest commissions on all investment products in the industry. Their pricing is $0 for stock or ETF trades, and $0 for mutual funds transactions. One of the main reasons it is THE BEST free brokerage firm is that unlike its competitors it does offer investing in mutual funds and bonds. There are no account maintenance or inactivity fees. Learn more ...

Promotion link: $0 commissions + up to $200 in transfer fee rebates.

Open Firstrade Account


-  M1 Finance offers a unique investing way for stocks and ETF's - customers create "pies" - the basket of stocks and ETF's that can be traded as one unit. There are no account maintenance or inactivity fees with this broker. Investors can open this top free brokerage account with $0 down. Learn more ...

Promotion link: Pay no broker commissions or fees. Invest for FREE + get $25 when you open an IRA!

Open M1 Finance Account


-  Robinhood is perhaps the best known among the top free brokerage firms. It offers no commission investing in U.S. stocks, options and ETF's. Unlike the other two competitors, almost all services are located on the smartphone app; website has very little functionality at this broker. Learn more ...

Promotion link: Open account and get FREE stock.

Open Robinhood Account



Other Top Robinnhood Competitors

Compared to other top Robinnhood competitors, like Fielity Investments, E-Trade, TD Ameritrade, and other more mainstream securities trading apps, Robinhood's biggest real advantage is the lack of transaction fees. While users are somewhat limited in their buying power (capped at the value of their portfolio plus a small cushion allowing for new traders to start trading right away before funding their account), Robinhood allows users to purchase increased buying power with its monthly paid subscription program Robinhood Gold. Robinhood Gold costs between $6.00 and $10.00 per month depending on the amount of extra buying power the user wishes to purchase.


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