Robinhood Alternative
Xapo Bank can be considered as an interesting Robinhood alternative. It’s a crypto-enabled bank based in Gibraltar. It allows its members to access global investment opportunities and grow their wealth. Xapo Bank offers USD and Bitcoin accounts with competitive interest rates and access to the stock market with a selection of blue-chip US stocks.
- Open an account from anywhere - While Robinhood only accepts US residents, Xapo Bank can serve members worldwide (except the US).
- Trade your favourite stocks directly - Xapo Bank allows to directly trade US stocks for non-residents with a transparent fee of 1%
- Grow your wealth - Xapo Bank members benefit from 4.6% interest on USD, while the Robinhood alternative offers 1.5% on deposits for Premium users. Xapo Bank members also benefit from 0.9% interest on Bitcoin deposits.
- Easily manage your wealth - Manage your USD and Bitcoin accounts, debit card, and stock portfolio from one place: the Xapo Bank App.
Rest assured, your money is safe with us - Xapo Bank members' USD deposits are covered up to €100,000 under the Gibraltar Deposit Guarantee Scheme.
Xapo Bank vs. Robinhood - advantages of being a Xapo Bank member
Trading US stocks for non-US residents can be complicated. Yet, it’s a very interesting option to look at if you want to grow your wealth. However, the majority of major trading platforms, like Robinhood, only serve US residents. With Xapo Bank, you can buy and sell a selection of blue-chip US stocks from anywhere.
Besides unlocking global investment opportunities, Xapo Bank offers competitive rates on its USD and Bitcoin accounts, which come with an international debit card. Being a fully licensed crypto-enabled bank in Gibraltar, Xapo Bank applies the most advanced encryption and security protocols to ensure the safety of its members.
All in all, Xapo Bank is a complete Robinhood alternative to consider if you are looking to grow your wealth safely. Learn more: xapobank.com.
Xapo Bank is a crypto-enabled bank licensed by the Gibraltar Financial Services Commission. We give our members access to a US Dollar and Bitcoin account, successfully bridging the gap between traditional banking and crypto. USDC deposits into Xapo are immediately converted to USD on a 1:1 basis, giving instant dollar cash value with zero exchange fees.