Robinhood rolls out high-risk margin trading in the UK after getting regulator nod

Published On Oct 21, 2024, 3:13 AM

Robinhood has launched margin trading in the UK, allowing users to borrow against their existing assets to buy more securities. This move follows approval from the UK regulator, the Financial Conduct Authority (FCA), and aligns with Robinhood's efforts to expand its market presence in the UK, where such trading options are rare and typically reserved for high-net-worth individuals. The company promotes its margin loans with competitive interest rates and has put measures in place to protect less experienced investors from over-leveraging their investments.