You have probably heard about the Robinhood app on YouTube and want to know if it is available in Ukraine, right?
Robinhood is a modern and easy-to-use investment app from the US that popularised commission-free trading in financial products such as stocks and ETFs.
Want to know if the Robinhood app is available in Ukraine, its expansion plans, and the alternatives available in Ukraine? We’ve got you covered!
Is Robinhood available in Ukraine?
Unfortunately, Robinhood is not yet available in Ukraine. However, it has already arrived in the UK in early 2024 and in most European countries in 2025.
But do not lose hope! In the meantime, you can find Robinhood alternatives that have proven reliable – perhaps even more so than Robinhood itself. During the covid-19 market crash in the first quarter of 2020, the app revealed some vulnerabilities: it went down several times, leaving investors unable to trade through some of the most volatile sessions in history, and the company faced lawsuits over those outages.
Robinhood has also dealt with security breaches that exposed sensitive client information and, at one point, briefly allowed “infinite leverage,” which was corrected shortly afterwards – though not before some clients suffered significant losses.
Robinhood alternative in Ukraine
To help us answer this question, we focused on a reputable international broker available in Ukraine. Given that, here is our suggestion:
# Interactive Brokers
If you are looking for an online broker with a wide range of products from different markets, solid trade execution, and a sophisticated trading platform, then Interactive Brokers might be a good alternative to Robinhood.
Founded in 1978 and publicly listed on the NASDAQ since 2007, Interactive Brokers is a global online broker that offers access to over 150 markets worldwide, not just US-listed assets. Alongside its low costs, this global reach is one of its main differentiators.
It also offers an education area with free resources for financial learning.
Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app for stocks, options, and ETFs, ideal for beginner investors. Some of its features include automatic currency conversions, fractional shares, and a demo account.
Want to know more about Interactive Brokers? Check our Interactive Brokers review.
What is Robinhood?
Robinhood was founded in 2013. Since then, it has played a major role in disrupting the brokerage industry by allowing US retail investors to trade with no commissions, alongside its biggest rival, Webull. Robinhood is a commission-free online broker offering stocks, ETFs, options, and cryptocurrencies.
The results are clear: over 27 million funded accounts! Robinhood’s competitors monitored this growth closely, and in October 2019 several major US brokers, such as E*TRADE, TD Ameritrade, and Charles Schwab, announced in quick succession that they were scrapping trading fees.
Which platform should you choose?
Some factors to consider when choosing an online broker are the fees charged, whether it is regulated by top-tier institutions such as the SEC in the US, and the range of products it lets you trade (not all platforms allow you to trade cryptocurrencies, or companies listed in Ukraine), among others.
The best online broker in your specific case will depend on your profile, preferences, and objectives. If you want to know more about the brokers available in Ukraine, you can use our comparison tool and decide for yourself!
A reminder that the above should not be seen as investment advice and should be considered information only. Investors should do their own research and due diligence about the services and opportunities best suited to their risk, returns, and impact strategy.
If you need further guidance or have questions, feel free to reach out to us. Happy investing!
FAQs
How exactly does Robinhood make money?
The online broker earns money from interest earned on customers’ cash balances (money in your account not invested), by selling order information to third parties (high-frequency traders, for instance), and margin lending.
Regarding the selling of orders, the US Securities and Exchange Commission (SEC) is still investigating Robinhood for not fully disclosing its practice of selling clients’ orders to high-speed trading firms.
Until October 2018, Robinhood would not clearly state that it was receiving payments for order flows. By law, any financial company must reveal all the material facts an investor would want to know before making any investment decision.
