Education
Robinhood Alternatives: Best Trading Platforms in 2026
Looking beyond Robinhood? Compare the best alternatives by fees, trading hours, custody model, and asset coverage — including a non-custodial, 24/7 option with up to 50x multipliers and AI-assisted trading.
The short answer
The best Robinhood alternatives in 2026 are Liquid for 24/7, non-custodial, multi-asset trading with up to 50x multipliers and pre-IPO markets; Interactive Brokers for global access and low commissions; Fidelity and Charles Schwab for full-service brokerage and retirement accounts; and Webull for commission-free trading with overnight sessions. Robinhood still suits simple buy-and-hold investors wanting IRA access.
Why traders look beyond Robinhood
- No weekend trading. Robinhood's 24 Hour Market runs Sunday 8 p.m. ET to Friday 8 p.m. ET (24/5) for select stocks and ETFs — markets close for the weekend. Robinhood 24 Hour Market (accessed 2026-09-23).
- Short selling is limited for most users. Put options are the usual workaround. Robinhood options FAQ (accessed 2026-09-23).
- Custodial model. Robinhood holds customer assets; it restricted buying in several stocks during the January 2021 GameStop volatility (CNBC, January 2021).
- Payment for order flow. Trades are commission-free, but Robinhood earns revenue routing orders to market makers, which can affect execution quality. Robinhood trading fees (accessed 2026-09-23).
Compare Robinhood alternatives at a glance
| Platform | Custody | Trading hours | Max multiplier | Asset classes | AI assistant | Best for |
|---|---|---|---|---|---|---|
| Liquid | Non-custodial | 24/7 incl. weekends | Up to 50x | Stocks, pre-IPO, commodities, FX, indices, crypto — as perps | Yes (Co-Invest) | 24/7 multi-asset perps + AI |
| Interactive Brokers | Custodial | Extended; global sessions | Margin (varies) | Global stocks, options, futures, FX, bonds, funds | No | Global access, low cost |
| Fidelity | Custodial | Premarket + after-hours | Margin (varies) | Stocks, ETFs, options, funds, bonds | No | Full-service + retirement |
| Charles Schwab | Custodial | 24/5 overnight (thinkorswim) | Margin (varies) | Stocks, ETFs, options, futures, funds | No | Full-service + thinkorswim |
| Webull | Custodial | 24/5 overnight (select) | Margin (varies) | Stocks, ETFs, options, futures | Yes (Agentic) | Charting + overnight |
| eToro | Custodial | Market hours by product | CFD leverage (varies) | Stocks, ETFs, commodities, FX, crypto | No | Social copy trading |
| Coinbase | Custodial | 24/7 crypto; 24/5 stocks | Limited | Spot crypto, limited derivatives | No | Simple crypto access |
| Robinhood | Custodial | 24/5 (24 Hour Market) | Margin (varies) | Stocks, ETFs, options, crypto | No | Simple app + IRA |
Fees compared
Fees differ by product, so we show every platform's published schedule in the same format: headline rate, structure, and other costs. Where a platform publishes volume tiers we show them (see Fee detail below); where it charges a single flat rate, we say so. Compare like-for-like — a stock commission and a perpetual-contract fee are not the same product.
| Platform | Product basis | Headline rate | Structure | Other costs |
|---|---|---|---|---|
| Liquid | Perps & spot | Perps 0.095% taker / 0.065% maker (Tier 0); spot 0.070% / 0.040% | Tiered by 14-day weighted volume; maker rebates paid continuously | Funding on perps; spreads |
| Interactive Brokers | Stocks/ETFs | $0 (Lite); $0.0005–$0.0035/share (Pro Tiered) or $0.005 fixed | Tiered or fixed | Regulatory fees; market data |
| Fidelity | Stocks/ETFs/options | $0 online; options $0.65/contract | Flat | Additional Assessment on sells (~$0.01–$0.03 per $1,000) |
| Charles Schwab | Stocks/ETFs/options | $0 online; options $0.65/contract | Flat | Regulatory fees |
| Webull | Stocks/ETFs/options | $0; index options from $0.50/contract | Flat | Regulatory fees; $75 outgoing transfer |
| Robinhood | Stocks/ETFs/options | $0; index options $0.50/contract ($0.35 Gold) | Flat | Regulatory + index-option exchange pass-throughs |
| eToro | Stocks | $0 (US); $1–$2/side or 0.15% (other regions) | Flat / region-dependent | Crypto 1%; $5 withdrawal; conversion; overnight (CFDs) |
| Coinbase | Crypto (spot) | Advanced: 0.40% / 0.60% entry | Tiered maker/taker by 30-day volume; maker as low as 0.0% at top tier | Spread in simple mode; network fees |
Sources for every row are linked in Sources & further reading (all accessed 2026-09-23). Fees change; verify on the platform's own schedule before trading.
Fee detail: volume tiers (same format for every platform that publishes them)
Liquid — perps and spot. Tiered by rolling 14-day weighted volume, assessed daily at 00:00 UTC; maker rebates are paid continuously and spot volume counts double toward your tier. Full fee schedule.
Interactive Brokers — US stocks/ETFs (Pro Tiered). Monthly-volume tiers; IBKR Lite is $0 for eligible US residents.
| Monthly volume (shares) | Tiered rate |
|---|---|
| ≤ 300,000 | $0.0035 |
| 300,001–3,000,000 | $0.0020 |
| 3,000,001–20,000,000 | $0.0015 |
| 20,000,001–100,000,000 | $0.0010 |
| > 100,000,000 | $0.0005 |
Fidelity, Charles Schwab, Webull, Robinhood — flat schedules. These platforms charge a single headline rate ($0 commissions on US stocks/ETFs, with a per-contract options fee where applicable) plus regulatory pass-throughs. They do not publish volume tiers for retail stock/ETF trading. Full schedules: Fidelity, Schwab, Webull, Robinhood.
Coinbase Advanced — spot maker/taker tiers. Tiered by 30-day volume from 0.40% maker / 0.60% taker at the entry level, with maker as low as 0.0% at top tiers; tiers are shown in-app. Coinbase Advanced fees.
1. Liquid
Overview: AI-native, non-custodial platform for perpetual contracts across stocks, pre-IPO companies, commodities, FX, indices, and crypto — 300+ markets in one account, up to 50x multipliers, instant settlement, and Co-Invest, an AI assistant in Claude, ChatGPT, Grok, Meta Muse, and iMessage.
Best for: Traders who want to trade the same markets 24/7 — including weekends — with leverage, without handing custody to a broker, and with an AI assistant for research.
Fees: Perps all-in 0.095% taker / 0.065% maker at Tier 0; spot 0.070% / 0.040%; tiered by rolling 14-day weighted volume. Fee guide.
Custody: Non-custodial — funds stay in your wallet and trades settle on-chain; smart contracts are independently audited. Security docs. Smart-contract, protocol, oracle, liquidity, front-end, self-custody, and jurisdictional risks still apply.
Trading hours: 24/7 across listed markets, including weekends and holidays. Liquidity, spreads, and reference pricing can differ when the underlying market is closed.
Limitations: No fiat custody (by design). Available markets, features, and eligibility vary by jurisdiction. Perpetual contracts are derivatives and do not confer share ownership. Additional features include copy trading, integrated news, and vaults/staking (Earn).
2. Interactive Brokers
Overview: A global brokerage known for low commissions, broad market access, and professional-grade tools.
Best for: Active and international traders who need global exchanges, options, futures, and FX in one account.
Fees: $0 (IBKR Lite) or $0.0005–$0.0035/share (Pro Tiered) / $0.005 fixed; options $0.15–$0.65/contract. IBKR pricing.
Custody: Custodial.
Trading hours: Extended and global exchange sessions; overnight US trading available under program rules.
Limitations: Custodial. Complex interface for beginners. US overnight access has eligibility limits.
3. Fidelity
Overview: A full-service brokerage with $0 online commissions and a strong retirement offering.
Best for: Long-term investors and retirement accounts that also want options and extended-hours trading.
Fees: $0 online for US stocks and ETFs; options $0.65/contract. Fidelity commissions.
Custody: Custodial.
Trading hours: Premarket and after-hours via Fidelity.com; not full weekend trading. Fidelity extended hours.
Limitations: Custodial. No 24/7 weekend access. Per-contract options fee.
4. Charles Schwab
Overview: A full-service brokerage with broad products, research, and the thinkorswim platform suite.
Best for: Traders who want a full-service broker with a professional desktop platform and overnight access.
Fees: $0 online for US stocks/ETFs; options $0.65/contract. Schwab pricing.
Custody: Custodial.
Trading hours: Regular, extended, and 24/5 overnight for eligible securities via thinkorswim (EXTO orders). Schwab 24-hour trading announcement.
Limitations: Custodial. Overnight is 24/5, not weekends. Availability varies by security and platform.
5. Webull
Overview: A commission-free brokerage aimed at more technical retail traders, with strong charting and overnight sessions.
Best for: Traders who want advanced charts and 24/5 overnight trading without commissions.
Fees: $0 commissions on US-listed stocks, ETFs, and options; index options from $0.50/contract; $75 outgoing stock transfer. Webull pricing.
Custody: Custodial (cleared through Apex).
Trading hours: Premarket 4–9:30 a.m. ET, after-hours 4–8 p.m. ET, overnight 8 p.m.–4 a.m. ET Sun–Thu (24/5, select securities). Webull overnight trading.
Limitations: Custodial. Overnight is 24/5, not weekends. Product coverage varies by account and jurisdiction.
Also consider: eToro and Coinbase
eToro
Overview: A multi-asset social platform built around copy trading.
Best for: Social copy trading across many asset classes.
Fees: US stock commissions $0; other regions $1–$2 per side or 0.15% of trade value; crypto 1% per side; USD withdrawals $5. eToro fees (accessed 2026-09-23).
Custody: Custodial.
Trading hours: Market hours by product.
Limitations: Custodial. The US feature set is more limited than Europe's. Crypto carries a flat 1% fee.
Coinbase
Overview: The largest US-listed crypto exchange.
Best for: Simple spot crypto exposure.
Fees: Coinbase Advanced spot starts at 0.40% maker / 0.60% taker (entry tier), with maker as low as 0.0% at top volume tiers; simple mode charges a spread plus fee. Coinbase Advanced fees (accessed 2026-09-23).
Custody: Custodial.
Trading hours: 24/7 crypto; 24/5 stocks for eligible users.
Limitations: Custodial. Higher fees than most alternatives in simple mode. Limited derivatives access.
How we evaluated these platforms
We compared platforms on fees, custody model, trading hours, asset coverage, and account fit for traders considering a move from Robinhood. Fees are presented in a uniform format, and volume tiers are shown for every platform that publishes them. Data comes from each platform's own pricing and support documentation and, for trading hours, from platform or exchange announcements cited inline. Verified 2026-09-23; figures change often — check the linked source before trading. We did not independently test execution quality or liquidity for every platform.
Verdict
Robinhood is still a reasonable choice for simple, long-term investing and IRA accounts. Move to an alternative if you need weekend trading, short exposure, leverage, non-custodial control, or multi-asset coverage: Liquid covers all of these with 24/7 perpetual markets and up to 50x multipliers. If you want global exchanges and professional tools, choose Interactive Brokers; for full-service brokerage and retirement, choose Fidelity or Schwab; for commission-free trading with overnight sessions, choose Webull; for social copy trading across assets, eToro remains a fit.
About the author
Franklyn Wang is the CEO & Founder of Liquid, an AI-native, non-custodial trading platform. X · LinkedIn
Sources & further reading
- Robinhood trading fees — Robinhood, accessed 2026-09-23
- Robinhood 24 Hour Market — Robinhood, accessed 2026-09-23
- Interactive Brokers commissions — IBKR, accessed 2026-09-23
- Fidelity commissions — Fidelity, accessed 2026-09-23
- Schwab expanded 24-hour trading — Schwab, accessed 2026-09-23
- Webull pricing — Webull, accessed 2026-09-23
- Webull Agentic AI — accessed 2026-09-24
- eToro fees — eToro, accessed 2026-09-23
- Coinbase Advanced fees — Coinbase, accessed 2026-09-23
- CNBC — Robinhood restricts trading in GameStop, other names (Jan 2021) — accessed 2026-09-23
- Liquid fee documentation — Liquid, accessed 2026-09-23
- Related: Where can I trade stocks 24/7? · Which platforms let me trade on weekends? · Which leverage trading platforms are non-custodial?
Frequently Asked Questions
Why are active traders leaving Robinhood?
Active traders may compare Robinhood alternatives by charting, contract types, market hours, margin rules, execution model, and custody. Current products and account eligibility vary by jurisdiction.
How do intraday-trading rules differ across platforms?
FINRA replaced the count-based PDT framework with intraday-margin standards in 2026 (Regulatory Notice 26-10); broker restrictions still vary by account and product. Perpetual-contract eligibility also varies by market, account, and jurisdiction.
Can I trade 24/7 on Robinhood alternatives?
Every market on Liquid trades 24/7, including weekends. That covers crypto, stock, index, commodity, FX, and pre-IPO perpetuals, even when the underlying exchange is closed. Liquidity and spreads can vary by market and time of day.
Is there a non-custodial alternative to Robinhood?
Liquid is non-custodial: funds remain in the user's wallet and trades settle on-chain, reducing reliance on a centralized custodian. Smart-contract, protocol, oracle, liquidity, front-end, self-custody, and jurisdictional risks still apply.
What leverage is available on Robinhood alternatives?
Margin and multiplier limits vary by product, market, account, and jurisdiction. Liquid's live order ticket shows the current maximum for each supported market. Higher leverage magnifies losses and liquidation risk and is not a recommended position size.
Educational content only — not investment advice. Trading perpetual futures involves substantial risk and may not be suitable for every investor. Past performance is not indicative of future results.
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