How To Get Robinhood In South Africa - 2023/2024 (2024)

What is Robinhood?

Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California, known for pioneering commission-free trades of stocks, exchange-traded funds and cryptocurrencies via a mobile app introduced in March 2015.

How to buy shares in Robinhood from South Africa

1. Compare share trading platforms. …
2. Open and fund your brokerage account. …
3. Search for Robinhood. …
4. Purchase now or later. …
5. Decide on how many to buy. …
6. Check in on your investment.

Is Robinhood available to South Africans?

You can’t access Robinhood in South Africa, so here are 5 low-cost alternatives to trade US stocks. Updated Apr 1, 2021.

What is the best trading platform in South Africa?

Best Online Trading Platforms South Africa 2022 List

• Capital.com – Overall Best and Cheapest Online Trading Platform South Africa.
• FXVC – Overall Best Stock Broker in South Africa.
• Libertex– Low-Cost Trading App With ZERO Spreads.
• AvaTrade – Trusted South Africa Trading Platform with MT4/5.

What can I use instead of Robinhood?

The Best Alternatives to Robinhood

1. E*TRADE. E*TRADE is a unique and powerful discount trader that serves as the best alternative to Robinhood
2. Webull. Webull caters to intermediate and experienced self-directed investors and traders
3. TradeStation
4. SoFi Active Investing
5. TD Ameritrade
6. Moomoo
7. M1 Finance
8. Public