Robinhood (NASDAQ: HOOD) says its Legend Trading Platform is now available for UK customers.
Robinhood Legend is free to use for anyone with an account with the brokerage. It allows customers to trade 6,000 US stocks from their desktop browser, with no FX fees. Options trading on US stocks and indices is subject to contract fees and exchange fees for index options. Robinhood said the platform started rolling out today and will become available to all customers over the coming weeks.
Currently, Robinhood states that over 11 million UK residents are investing on a desktop platform.
The browser-based platform is targeting the active trader sector.
Jordan Sinclair, President of Robinhood UK, states that their goal is to become the leading trading and investing platform globally.
“Robinhood Legend gives UK investors the speed, precision, and customisation they need to stay ahead of the curve — with a platform that’s powerful, intuitive, beautifully designed, and free. It’s the new standard for modern trading in the UK, and still only the beginning of what we’re building here.”