List of all neobrokers in United States (September 2024)

Choose your ideal investment platform

Investing is now more accessible than ever. Browse through our directory on the premier app-based brokers in United States and understand how they're transforming the investment landscape.

Explore 3 neobrokers available in United States

Learn more about eToro

Go to eToro

NeoScore

4.2

Based in

Israel

Available in

United States

and 60 other countries

eToro is available for residents of the following countries:

Europe (33)

North America (4)

Oceania (1)

Africa (2)

Asia (13)

South America (8)

Learn more about Robinhood

Go to Robinhood

NeoScore

4.2

Based in

United States

Available in

United States

and 1 other country

Robinhood is available for residents of the following countries:

Europe (1)

North America (1)

Learn more about Public

Go to Public

NeoScore

4.6

Based in

United States

Available in

United States

and 3 other countries

Public is available for residents of the following countries:

Europe (3)

North America (1)

Frequently asked questions about neobrokers

Everything you need to know about the new generation of investment apps. Our FAQ section covers the essentials, offering you insights and answers to the most common questions about managing your investments through mobile trading apps.

A neobroker, also known as an investing app, is a digital platform that allows users to buy and sell financial securities like stocks, bonds, and ETFs through a mobile app or website. These platforms are typically known for their user-friendly interfaces, low fees, and accessibility for new investors.

Neobrokers generate revenue through various means such as payment for order flow, where they receive compensation from market makers for directing trades to them. They also earn from premium account subscriptions, margin lending, interest on uninvested cash balances, and additional services or products like financial advice and trading tools.

Neobrokers are generally safe to use as they are regulated by financial authorities in their respective countries. They use encryption and other security measures to protect users' personal and financial information. However, users should always ensure they are using a reputable platform and be aware of the risks involved in investing.

Neobrokers typically offer a range of investment options including stocks, bonds, exchange-traded funds (ETFs), mutual funds, options, and sometimes cryptocurrencies. The specific offerings can vary between platforms, so it's important to check what is available on your chosen app.

No, one of the main advantages of neobrokers is that they allow users to start investing with very small amounts of money. Many platforms offer fractional shares, which means you can buy a portion of a stock rather than a whole share, making investing accessible to more people.

While many neobroker apps provide educational resources and financial advice, it is important to verify the credibility of the advice and remember that these platforms might not always provide personalized or comprehensive financial planning. Consulting with a certified financial advisor is recommended for more tailored advice.

Potential risks include market volatility, where the value of your investments can fluctuate significantly, and the possibility of technical issues with the app that could affect trading. Additionally, while neobrokers are generally secure, there is always a risk of cyber threats. It's crucial to stay informed and manage investments wisely.

Getting started with a neobroker usually involves downloading the app, creating an account, and verifying your identity. Once your account is set up, you can deposit funds and begin investing. Most neobrokers offer tutorials and customer support to help new users navigate the platform.

While many neobrokers offer commission-free trades, there can still be other fees such as for account maintenance, premium services, or for withdrawing funds. It's important to read the fee schedule of your chosen neobroker to understand all potential costs involved.

Yes, most neobrokers allow you to transfer your existing investments from another brokerage. This process is known as an account transfer or ACATS (Automated Customer Account Transfer Service). It's advisable to check with both your current broker and the neobroker for any potential fees or requirements.

Best neobrokers in United States (September 2024)

Choose your ideal investment platform

Explore 3 neobrokers available in United States

eToro

Learn more about eToro

Robinhood

Learn more about Robinhood

Public

Learn more about Public

Frequently asked questions about neobrokers

What is a neobroker?

How do neobrokers make money if they offer zero-commission trades?

Are neobrokers safe to use?

What types of investments can I make with a neobroker?

Do I need a lot of money to start investing with a neobroker?

Can I trust the financial advice provided by neobroker apps?

What are the potential risks of using a neobroker?

How do I get started with a neobroker?

Are there any fees associated with neobrokers?

Can I transfer my existing investments to a neobroker?

Best neobrokers in
United States (September 2024)