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Best Robinhood Alternatives for Global Traders

The best Robinhood alternative depends on what you want Robinhood for. For long-term stock ownership, use a regulated international brokerage. For spot crypto, use a major exchange. For mobile long and short trading without a traditional brokerage account, 10X is a strong alternative because it gives iPhone traders access to Hyperliquid perpetual futures.

Robinhood is not built for everyone

Robinhood works well for simple US stock and options access inside supported jurisdictions. Many global traders cannot use it, or cannot use the full product.

That leaves three broad alternatives: brokerages, crypto exchanges, and derivative apps.

Alternatives by job

What you wantBest alternative typeWhy
Own US stocksInternational brokerageReal share ownership
Buy spot cryptoCrypto exchangeSimple fiat to crypto path
Trade long and shortPerps appFast directional exposure
Trade from iPhoneMobile-first appPosition checks anywhere

Who should use which app

Use Robinhood or a brokerage if your goal is investing. Use 10X if your goal is active trading with self-custody, leverage, and 24/7 markets.

Those are different jobs. Mixing them up creates bad decisions.

Frequently asked questions

Can 10X replace Robinhood?

Not for stock ownership or options. It can replace Robinhood for traders who mainly want mobile directional exposure.

Does 10X require KYC like Robinhood?

10X does not require a traditional brokerage account or identity verification to access the app flow.

Does 10X support options?

No. 10X supports perpetual futures, not options contracts.

Why use a perps app instead of a brokerage?

Perps apps are useful for 24/7 long and short trading with crypto collateral.

Is 10X available on iPhone?

Yes. 10X has a native iOS app.

Start Trading on 10X

Download the iOS app or open the desktop app. Self-custodial. No KYC. 150+ markets.

Last updated 2026-05-17