What Countries is Robinhood Available In?

Robinhood is currently available exclusively to residents of the United States. This platform offers commission-free trading of stocks, options, and ETFs, adhering to U.S. financial regulations. These regulations include compliance with the Financial Industry Regulatory Authority (FINRA) and the Financial Crimes Enforcement Network (FinCEN).

Due to these strict regulatory requirements, Robinhood's services are not extended to users outside the United States. As a result, individuals in countries such as the UK, Australia, Europe, and the UAE cannot access Robinhood's financial services at this time.

Will Robinhood Expand to Europe or the UK?

Robinhood has expanded its digital asset offerings to Europe, providing crypto trading services across the EU and soon in the UK. European users can trade over 25 cryptocurrencies, including Bitcoin and Ether. However, Robinhood has no plans to offer stocks, ETFs, or options trading in Europe.

This limitation is due to the company's adherence to U.S. regulatory requirements and the absence of necessary approvals from regional financial authorities like the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Europe. Until these conditions are met, Robinhood will continue to focus on its U.S.-based operations for stocks, ETFs, and options.

What is the Best Robinhood Alternative?

For individuals outside the United States seeking a reliable brokerage service, eToro is a strong alternative to Robinhood. eToro boasts a global presence, offering access to over 4,500 assets and serving more than 30 million users worldwide.

Its user-friendly interface and wide range of investment options make it a compelling choice for those looking for services similar to Robinhood.

Can I Use Robinhood Outside of the US?

Robinhood's services are tailored for the U.S. market and can be accessed by U.S. citizens and residents while abroad, though some restrictions may apply. The platform does not support sign-ups or usage by non-U.S. citizens, maintaining its focus exclusively on the U.S.-based audience.

Bottom Line

Robinhood remains a U.S.-exclusive platform, offering commission-free trading of stocks, options, and ETFs within strict regulatory guidelines. While it has introduced crypto trading in Europe, it has no plans to expand its stock, ETF, or options trading services outside the U.S. For non-U.S. residents, eToro provides a robust alternative with a broad asset portfolio and global reach.