Can you use Robinhood in Australia?

Unfortunately, Robinhood is not available to Australian investors. You can't sign up to the broker from here. However, if you were to travel to Australia, the platform states it should work. According to Robinhood, its platform should work in all countries, with the exception of Cuba, Iran, North Korea, Syria and the Crimea region of Ukraine.

What is the Australian equivalent of Robinhood?

If you're looking for a low-cost broker that allows you to trade in the US, there's actually a stack of options available to Australian investors. eToro might be the closet broker to Robinhood as it lets you trade US stocks as well as crypto.

Why is Robinhood considered so good?

Robinhood became one of the more popular US brokers due to its retail trader-friendly features including low costs and an easy-to-use trading app.

Can I buy ASX stocks on Robinhood?

No, as well as not being available to Australian users, Robinhood also doesn't list any ASX stocks on its trading platform.

Which is the largest share trading platform in Australia?

CommSec is Australia's largest online trading platform. it is also the oldest share trading platform is the best among the Big Four banks according to our algorithm .

I am a beginner, which platform should I consider?

There is no single trading platform that will fit all your needs or perfectly fit your individual circumstances. But consider reading our 'best trading platform for beginners' guide to get the relevant information.

Robinhood Alternatives in Australia for 2026

You cannot access Robinhood in Australia, though many platforms offer $0 or low US stock brokerage.
Platforms like IG Share Trading and CMC Invest offer zero brokerage on many US stocks and ETFs.
Look for Finder Rewards on alternatives like eToro and Tiger Brokers for cash back offers.

Popular American broker Robinhood is known for being the low-cost app of choice among millennial traders.

It may well be the most widely recognised online broker today, thanks to its role in popularising zero-brokerage trading.

The only problem is Australians can't use it. Despite being regularly cited in the media, the app has not launched in Australia and Robinhood has not announced any plans to do so.

So we've created a list alternative platforms to Robinhood that offer the same low or zero brokerage fees for US stocks.

Robinhood is a US trading platform founded in 2013 that offers zero commissions on stocks, options and ETFs.
The good thing about Robinhood is it's cheap. Thanks to its low fees, range of trading options and minimalist design targeting younger investors, it's popular among traders.
Users of the app often trade stock options and other assets such as cryptocurrencies using leverage. This is a higher-risk form of trading because both your profits and losses are amplified.
You can check out our Robinhood review from Finder US for more on the app.
However, you can't access it unless you hold US residency.

Robinhood alternatives in Australia

What's the best Robinhood alternative?

We've judged eToro to be the best alternative to Robinhood because it offers many of the same features:

US$2.00 brokerage US stock trading
You can protect your funds and investment insurance features
Social trading tools such as "copy trading"
Fractional share trading available
Cryptocurrency trades available

Need a better trading platform?

Take our easy quiz and find a better deal.

Can you invest in Robinhood stock from Australia?

While you can't actually use Robinhood in Australia, you can still invest in the company itself. Robinhood Markets Inc (HOOD) trades on the Nasdaq stock exchange in the US, which means you can buy Robinhood (HOOD) stocks through any trading platform that lets you invest in US stocks.

You can also get exposure to HOOD via the Australian Securities Exchange through ASX ETFs that track US stocks, like the Vanguard U.S. Total Market Shares Index ETF (ASX: VTS).

VIDEO: Robinhood IPO explained in 60 seconds

0:58

Frequently asked questions

Unfortunately, Robinhood is not available to Australian investors. You can't sign up to the broker from here.
However, if you were to travel to Australia, the platform states it should work. According to Robinhood, its platform should work in all countries, with the exception of Cuba, Iran, North Korea, Syria and the Crimea region of Ukraine.

Sources

Thank you for your feedback!

To make sure you get accurate and helpful information, this guide has been edited by Joselle Delos Reyes as part of our fact-checking process.

Written by

Kylie Purcell

Investments Analyst

Kylie Purcell is an experienced investments analyst and finance journalist with over a decade of expertise in a wide range of financial products, including online trading platforms, robo-advisors, stocks, ETFs and cryptocurrencies. She is a sought-after commentator and regularly shares her insights on the AFR, Yahoo Finance, The Motley Fool, SBS and News.com.au. Kylie hosts the Investment Finder video series and actively contributes to the investment community as a judge and panellist. She holds a Master of Arts in International Journalism, a Graduate Diploma in Economics, and ASIC-recognised certifications in securities and managed investments. See full bio

Kylie's expertise

Kylie has written 188 Finder guides across topics including:

Investment strategies
Financial platforms
Stockbrokers
Robo advisors
Exchange traded funds (ETFs)
Ethical investing
ASX stocks
Stock and forex markets

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Robinhood alternatives in Australia

You can't access Robinhood in Australia, so here are 5 low-cost alternatives to trade US stocks.