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moomoo Alternatives

Written by
Krisztián G.
Fact checked by
Tamás D.
Updated
1w ago
Our top alternative brokers to moomoo

The best alternatives to moomoo are

  1. Webull - US discount broker
  2. Alpaca Trading - US API broker
  3. Robinhood - US zero-fee discount broker
  4. Fidelity - US stockbroker

Let's see in a bit more detail how the moomoo alternatives compare to moomoo and each other:

moomoo alternatives comparison
Overall score
4.6 stars 4.6 stars 4.4 stars 4.3 stars 4.7 stars
Fees score
4.8 stars 4.6 stars 4.6 stars 4.5 stars 3.5 stars
Account opening score
4.4 stars 5.0 stars 5.0 stars 5.0 stars 4.4 stars
Deposit and withdrawal score
1.2 stars 1.3 stars 1.2 stars 1.2 stars 3.8 stars
Web platform score
- 5.0 stars 3.7 stars 4.5 stars 4.5 stars
Markets and products score
2.4 stars 2.8 stars 2.4 stars 2.8 stars 3.6 stars
Visit broker Visit broker Visit broker Visit broker Visit broker

Why are these brokers considered good alternatives to moomoo? There are many areas based on which moomoo can be compared with others. When we say a given online broker is a good alternative to moomoo we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

moomoo alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • moomoo is recommended for investors and traders looking for zero-commission trading and focusing on us markets
  • Webull is recommended for investors and traders looking for zero-commission trading and easy platforms
  • Alpaca Trading is recommended for traders interested in algorithmic stock trading
  • Robinhood is recommended for beginners and buy-and-hold investors focusing on the us stock market
  • Fidelity is recommended for investors and traders looking for solid research and great trading platforms

Important factors of finding moomoo alternatives

So far BrokerChooser has reviewed 101 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether moomoo or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. moomoo is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost moomoo alternative.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at moomoo, some alternatives might allow you to do that.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given moomoo alternative is a must.


Now let's dive into the details of how moomoo and its alternatives perform in the most important areas!

Webull

Recommended for investors and traders looking for zero-commission trading and easy platforms

Visit broker

Webull vs. moomoo: Trading fees
US stock
$0.0
$0.0
Webull vs. moomoo: Minimum deposit, time to open an account
Minimum deposit
$0
$0
Time to open account
1 day 1-3 days

If you are interested more in Webull minimum deposit, this overview will help you.

Webull vs. moomoo: Withdrawal options
Bank transfer
Yes Yes
Credit/debit card
No No
Electronic wallets
No No
Withdrawal fee
$0
$0
Web trading platform of Webull, a moomoo alternative
Webull vs. moomoo: Trading platform scores
Web platform score
5.0 stars -
Mobile platform score
5.0 stars 4.5 stars
Desktop platform score
5.0 stars 4.5 stars

Learn more about Webull's web trading platform in the detailed Webull review.

Visit broker

Webull vs. moomoo: Markets and products
Stocks
Yes Yes
ETFs
Yes Yes
Forex
No No
Funds
No Yes
Bonds
No No
Options
Yes Yes
Futures
No Yes
CFDs
No No
Crypto
Yes No

Alpaca Trading

Recommended for traders interested in algorithmic stock trading

Visit broker

Alpaca Trading vs. moomoo: Trading fees
US stock
$0.0
$0.0
Alpaca Trading vs. moomoo: Minimum deposit, time to open an account
Minimum deposit
$0
$0
Time to open account
1 day 1-3 days

If you are interested more in Alpaca Trading minimum deposit, this overview will help you.

Alpaca Trading vs. moomoo: Withdrawal options
Bank transfer
Yes Yes
Credit/debit card
No No
Electronic wallets
No No
Withdrawal fee
$0
$0
Web trading platform of Alpaca Trading, a moomoo alternative
Alpaca Trading vs. moomoo: Trading platform scores
Web platform score
3.7 stars -
Mobile platform score
4.2 stars 4.5 stars
Desktop platform score
- 4.5 stars

Learn more about Alpaca Trading's web trading platform in the detailed Alpaca Trading review.

Visit broker

Alpaca Trading vs. moomoo: Markets and products
Stocks
Yes
Yes
ETFs
Yes
Yes
Forex
No No
Funds
No Yes
Bonds
No No
Options
No Yes
Futures
No Yes
CFDs
No No
Crypto
Yes No

Robinhood

Recommended for beginners and buy-and-hold investors focusing on the US stock market

Visit broker

Robinhood vs. moomoo: Trading fees
US stock
$0.0
$0.0
Robinhood vs. moomoo: Minimum deposit, time to open an account
Minimum deposit
$0
$0
Time to open account
1 day 1-3 days

If you are interested more in Robinhood minimum deposit, this overview will help you.

Robinhood vs. moomoo: Withdrawal options
Bank transfer
Yes Yes
Credit/debit card
No No
Electronic wallets
No No
Withdrawal fee
$0
$0
Web trading platform of Robinhood, a moomoo alternative
Robinhood vs. moomoo: Trading platform scores
Web platform score
4.5 stars -
Mobile platform score
5.0 stars 4.5 stars
Desktop platform score
- 4.5 stars

Learn more about Robinhood's web trading platform in the detailed Robinhood review.

Visit broker

Robinhood vs. moomoo: Markets and products
Stocks
Yes
Yes
ETFs
Yes
Yes
Forex
No No
Funds
No Yes
Bonds
No No
Options
Yes
Yes
Futures
No Yes
CFDs
No No
Crypto
Yes
No

Fidelity

Recommended for investors and traders looking for solid research and great trading platforms

Visit broker

Fidelity vs. moomoo: Trading fees
US stock
$0.0
$0.0
UK stock
$11.3
-
German stock
$20.5
-
Fidelity vs. moomoo: Minimum deposit, time to open an account
Minimum deposit
$0
$0
Time to open account
1-3 days 1-3 days

If you are interested more in Fidelity minimum deposit, this overview will help you.

Fidelity vs. moomoo: Withdrawal options
Bank transfer
Yes Yes
Credit/debit card
No No
Electronic wallets
Yes No
Withdrawal fee
$0
$0
Web trading platform of Fidelity, a moomoo alternative
Fidelity vs. moomoo: Trading platform scores
Web platform score
4.5 stars -
Mobile platform score
5.0 stars 4.5 stars
Desktop platform score
4.3 stars 4.5 stars

Learn more about Fidelity's web trading platform in the detailed Fidelity review.

Visit broker

Fidelity vs. moomoo: Markets and products
Stocks
Yes Yes
ETFs
Yes Yes
Forex
No No
Funds
Yes Yes
Bonds
Yes No
Options
Yes Yes
Futures
No Yes
CFDs
No No
Crypto
Yes
No

moomoo

Recommended for investors and traders looking for zero-commission trading and focusing on US markets

moomoo alternatives trading fees
US stock
$0.0
$0.0
$0.0
$0.0
$0.0
moomoo alternatives minimum deposit and account open times
Minimum deposit
$0
$0
$0
$0
$0
Time to open account
1-3 days 1 day 1 day 1 day 1-3 days

Learn more about moomoo minimum deposit here.

moomoo and alternatives withdrawal options and fees
Bank transfer
Yes Yes Yes Yes Yes
Credit/debit card
No No No No No
Electronic wallets
No No No No Yes
Withdrawal fee
$0
$0
$0
$0
$0
moomoo and alternatives trading platform scores
Web platform score
- 5.0 stars 3.7 stars 4.5 stars 4.5 stars
Mobile platform score
4.5 stars 5.0 stars 4.2 stars 5.0 stars 5.0 stars
Desktop platform score
4.5 stars 5.0 stars - - 4.3 stars

Learn more about moomoo's web trading platform in the detailed moomoo review.

moomoo and alternatives markets and products
Stocks
Yes Yes Yes
Yes
Yes
ETFs
Yes Yes Yes
Yes
Yes
Forex
No No No No No
Funds
Yes No No No Yes
Bonds
No No No No Yes
Options
Yes Yes No Yes
Yes
Futures
Yes No No No No
CFDs
No No No No No
Crypto
No Yes Yes Yes
Yes

Bottom line

Based on our analysis, there are several good alternatives to moomoo. They all offer similar products and target similar customers. Here's a recap of the results in a table.

moomoo alternatives
Broker intro
Recommended for
US zero-fee discount broker Investors and traders looking for zero-commission trading and focusing on US markets
US discount broker Investors and traders looking for zero-commission trading and easy platforms
US API broker Traders interested in algorithmic stock trading
US zero-fee discount broker Beginners and buy-and-hold investors focusing on the US stock market
US stockbroker Investors and traders looking for solid research and great trading platforms

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Author of this article

Krisztián Gátonyi

Method-Man | Forex • Market Analysis • Stock Market

I have 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. I'm actively involved in reviewing the 100+ brokers listed on our site. I personally open accounts with real money, execute trades, test customer services. I hold an MSc in International Business from the University of Middlesex. My purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Our top alternative brokers to moomoo

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