- If you think Robinhood is not available in your country, the app is truly geo-restricted.
- So how to download the Robinhood app outside the US? Well, you won't find many options.
- To use Robinhood outside the US you might actually have to look to alternative apps.
- Nevertheless, the company is looking to expand the available countries in the future.
Robinhood is among the leading trading apps for stock, options, and exchange-traded funds (ETFs).
This app is an appealing one for investors as it offers commission-free investing with no account minimums.
Robinhood is also an intuitive app that’s straightforward to utilize, so this gives it even more of an edge when it comes to competing applications.
What countries is Robinhood available in?
Lots of investors might be interested in adding Robinhood to their Android or iOS mobiles. However, the app is restricted to a small number of countries.
Robinhood is not currently available in all but two countries. You can only register a Robinhood account and download the app in the USA and Britain.
There are also a few more requirements for users in those countries to set up a Robinhood account.
Users in the United States must be 18 years or over, be U.S. nationals, and have valid social security numbers. If you don’t meet those requirements, you can’t register a Robinhood account in the USA.
Alas, there aren’t really any tricks that will enable users outside Britain and the U.S. to utilize Robinhood.
To download the app, users can change their Apple App Store and Google Play account settings to the USA. However, users still won’t be able to register a Robinhood account to utilize the app.
Can I utilize Robinhood in Windows 10?
The app itself is not available for Windows 10. However, users can utilize Robinhood’s browser web app.
Alternatively, you can install an Android emulator to utilize the Robinhood mobile app within Windows.
Can I utilize Robinhood on vacation?
Some registered Robinhood users might wonder if they can still utilize the mobile app outside of their countries when on vacation.
Yes, you can still utilize your Robinhood account and app in the vast majority of countries when on holiday.
However, the U.S. Office of Foreign Assets Control restricts U.S. financial services in a few (currently five) sanctioned countries. So, you won’t be able to access your Robinhood account within a sanctioned country.
What can I use instead of Robinhood?
There are plenty of trading apps, but we stick with eToro, which is available in 140 countries all over the world. eToro brings an easy-to-use, intuitive interface, plus innovative trading features.
The tool includes 2000+ financial instruments such as stock, crypto suited for novices and experienced Forex and CFD traders alike, and ready-made copy portfolios and strong data protection policies. The platform is considered a safe, low-risk broker to trade Forex and CFDs.
Beginners, but not exclusively, will find the CopyTrader technology a gold gem since they can borrow the same trading techniques used by more successful traders to learn and win.
eToro USA LLC does not offer CFDs, only real Crypto assets are available for US users.
Dive into the secrets of cryptocurrency trading with this app which is available in over 140 countries all over the world.
Disclaimer: 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
That being said, some might be surprised Robinhood is restricted to two countries after about five years since its launch. However, financial markets in countries are closely regulated.
Robinhood Markets Inc needs to gain the required permissions to expand its trading service to other nations.
So, for now, most of the world must wait for Robinhood to expand more. Australia and Canada are two countries that Robinhood Markets Inc has hinted it might extend its trading app to in the future.
We hope that the information from this article managed to answer your questions. If you have any other curiosities, don’t hesitate to leave a comment.