The best alternatives to moomoo are
- Webull - US discount broker
- Alpaca Trading - US API broker
- Robinhood - US zero-fee discount broker
- Fidelity - US stockbroker
Let's see in a bit more detail how the moomoo alternatives compare to moomoo and each other:
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
US stock
|
$0.0
|
$0.0
|
---|
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.
Bank transfer
|
Yes | Yes |
---|---|---|
Credit/debit card
|
No | No |
Electronic wallets
|
No | No |
Withdrawal fee
|
$0
|
$0
|
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.
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
US stock
|
$0.0
|
$0.0
|
---|
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.
Bank transfer
|
Yes | Yes |
---|---|---|
Credit/debit card
|
No | No |
Electronic wallets
|
No | No |
Withdrawal fee
|
$0
|
$0
|
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.
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
US stock
|
$0.0
|
$0.0
|
---|
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.
Bank transfer
|
Yes | Yes |
---|---|---|
Credit/debit card
|
No | No |
Electronic wallets
|
No | No |
Withdrawal fee
|
$0
|
$0
|
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.
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
US stock
|
$0.0
|
$0.0
|
---|---|---|
UK stock
|
$11.3
|
-
|
German stock
|
$20.5
|
-
|
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.
Bank transfer
|
Yes | Yes |
---|---|---|
Credit/debit card
|
No | No |
Electronic wallets
|
Yes | No |
Withdrawal fee
|
$0
|
$0
|
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.
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
US stock
|
$0.0
|
$0.0
|
$0.0
|
$0.0
|
$0.0
|
---|
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.
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
|
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.
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.
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.
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