Accounts for Non-U.S. Residents at Robinhood in 2022

Robinhood For Non-U.S. Residents

Because of laws and regulations introduced in the recent years, it became increasingly difficult for U.S. brokerage firms to maintain international investors who are non-U.S. citizens or residents. That is the reason American brokerage companies don't accept new account applications from non-U.S. residents (even from European Union citizens and expats).

Robinhood is only accepting account applications from residents of the United States, United Kingdom and Australia.

Fortunately, there is a U.S. brokerage firm that welcomes international investors - Zackstrade. The company has some of the lowest margin rates in the industry, offers a professional trading platform, and access to 91 exchanges around the world. Learn more about the company in the 2022 Zackstrade Review.

Open Zackstrade Account

Open ZacksTrade Account

For a European brokerage firm, we suggest a company called DEGIRO, one of the largest brokers in Europe. Along with low fees, you get access to more than 50 exchanges across 30 countries. Read DEGIRO Review.

Open DEGIRO Account

Open DEGIRO Account

Robinhood: What Assets You Can and Cannot Invest In

While the universe of investment offerings at Robinhood is not as robust as that of some other brokers, it includes most major U.S.-listed stocks and ETFs that would be needed to build a well-diversified portfolio. Below is a complete list of what types of securities you can and cannot invest in on Robinhood, along with a brief discussion of how each is often used by investors.

Supported InvestmentsNot Supported
U.S. Exchange-Listed StocksForeign-Listed Stocks & ETFs
U.S. Exchange-Listed ETFsSelect OTC-Listed Stocks
Options for U.S.-Listed Stocks & ETFs Preferred Stocks
Major Cryptocurrencies Mutual Funds
Most ADRsBonds

U.S. Exchange-Listed Stocks

Robinhood allows you to trade common stocks that are listed on the major U.S. exchanges (like the NYSE, NASDAQ, & AMEX). These exchanges offer investors access to some of the world’s largest, most established, and most heavily traded public companies, such as the tech giants Apple, Amazon, and Facebook. These stocks form the backbone of most domestic equity portfolios.

U.S. Exchange-Listed ETFs

Robinhood covers most U.S.-listed ETFs. These instruments trade just like stocks, but are actually powerful tools giving investors cost-effective exposure to both diversified markets and very specific, niche bets. You can use a single ETF to gain exposure to an entire index, like the S&P 500, to gain exposure to a specific country, like Japan, or to track the price of a commodity, like gold. This category also includes many inverse ETFs, which allow you to bet against whatever the ETF tracks. The popularity and number of ETFs on the market keeps growing as investor demand for the ability to express their unique views through their portfolios rises.

Options for U.S.-Listed Stocks & ETFs

Options on U.S.-Listed Stocks and ETFs are a relatively new offering on the Robinhood platform, and can be a great way for investors to both hedge existing positions and to increase their market exposure without requiring additional capital. Trading options inherently involves more risk than stocks since you are trading the option to purchase/sell a financial instrument at a fixed price during a fixed time period, and if market conditions don’t develop in your favor the option can easily expire worthless.


Robinhood recently added the ability to trade cryptocurrencies to its platform. The app currently offers Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, and Litecoin to users in about half of the U.S. states as of October 2022, with plans to continue expanding the platform to the rest of the country. The cryptocurrency market is still a very young and volatile market, and accordingly investors should make sure they fully understand its risks before trading these assets.

American Depository Receipts (ADRs)

ADRs are U.S.-listed stocks that represent ownership in a foreign public company. Many large foreign corporations, whose primary stock listing is in their home country’s stock market, also have ADRs listed on the U.S. exchanges in order to reach a larger investment audience. ADRs should track the performance of the company’s primary stock, including the effect of the local listing currency, and are a great way for U.S. investors to invest in foreign companies without needing to directly access foreign markets. ADRs are an especially useful tool on the Robinhood app since it doesn’t allow you to trade foreign-listed stocks directly.

About the Author
Chad Morris is a financial writer with more than 20 years experience as both an English teacher and an avid trader. When he isn’t writing expert content for, Chad can usually be found managing his portfolio or building a new home computer.