Did your attempt to register with Robinhood fail? It's no coincidence: Robinhood only allows users with tax residency in the United States (and in a limited manner in the United Kingdom), completely blocking access from Latin America, Europe, Asia, and other regions. Despite its popularity for offering commission-free trading and fractional shares, its hyper-local focus and regulatory structure limit it exclusively to the US market. But all is not lost: eToro, AvaTrade, and Interactive Brokers offer you global access, advanced tools, and accounts you can open from your country without restrictions.
Robinhood is Restricted Outside the U.S. These 3 Platforms Allow You to Invest
Robinhood was a pioneer in eliminating commissions in the U.S. market, and its app is known for its simple interface. However, due to strict SEC regulations and the need to comply with local tax laws, Robinhood only operates within the U.S..
If you are outside its coverage area, these platforms do allow you to legally trade from your country.
Alternatives to Robinhood with International Coverage
eToro: A leading global broker in social trading, regulated by FCA, CySEC, and ASIC. Offers real stocks, ETFs, cryptocurrencies, and the ability to copy investors from a single account.
AvaTrade: Multi-regulated with proprietary platforms and MT5. Allows investing in stocks, forex, crypto, and more, commission-free and with negative balance protection. 24/5 support in Spanish.
Interactive Brokers: Institutional broker with access to 150+ global markets. Ideal for professional traders, allows trading stocks, options, futures, and ETFs from any enabled region.
These platforms are available globally, offer access to multiple instruments, and comply with international regulations.
Why Robinhood Is Not Available Outside of the US
Robinhood is regulated by the SEC and FINRA in the US, which limits its operation to US residents with a social security number and a US bank account. Attempts at international expansion (such as to the UK) have been postponed indefinitely.
Reasons Why Robinhood Blocks International Users
Exclusive Regulation: Operates only under US licenses and does not have authorization to offer services in other regions.
Tax Restrictions: Requires SSN (Social Security Number) and a US address.
Limited Infrastructure: Its business model is designed only for the local market.
Lack of Multi-Region Support: Does not have service in languages or hours outside the US.
Priority on Controlled Expansion: Robinhood has not yet developed active international operations.
Therefore, if you do not live in the US, your registration will be automatically rejected by their verification filters.
What to Do If Robinhood Does Not Accept You as a User
Not having access to Robinhood is not a barrier to investing globally. Platforms like eToro, AvaTrade, and Interactive Brokers offer legal access, competitive conditions, and a wider variety of instruments.
How to Choose an Alternative to Robinhood
International regulation: Brokers licensed by FCA, ASIC, CySEC, SEC, or equivalents.
Real stocks and ETFs: Allow investment in real assets, not just CFDs.
User-friendly interface: Intuitive platforms with high-performance mobile apps.
Global support: 24/5 customer service, educational materials, and multilingual service.
Accessibility: Low minimum deposits, local payment methods, and fast withdrawals.
These three platforms offer you the best of Robinhood—and much more—from any enabled country.