Is Robinhood available in the UK?

Yes. It operates legally here and is an authorised firm. Robinhood U.K. Since 07/08/2019, the Financial Conduct Authority has authorised it under reference number 823590. The UK subsidiary of Robinhood Markets, Inc. has Companies House number 09908051. The office in London can be found at 70 St. Mary Axe, Suite 404, EC3A 8BE.

After you submit a trade, Robinhood U.K. Your order is received by it and then passed on. It goes to Robinhood Securities, LLC, the firm's US clearing broker. A clearing broker holds your cash and shares and settles your trades with the market. Because the setup works this way, Robinhood U.K. Ltd can't hold or control client money itself.

We check the FCA register directly when reviewing trading apps and FCA-regulated forex brokers. You can search for reference number 823590 on the register yourself. The record confirms the firm's permissions, restrictions and official contact details. If an unauthorised firm contacts you, don't send money and report it to the FCA.

The protection you receive depends on your type of account with the firm. In the US, Robinhood Securities, LLC holds the cash and shares in brokerage accounts. Your brokerage assets aren't covered by the UK Financial Services Compensation Scheme in the traditional way. Instead, US protections cover your investments.

Uninvested US dollars in your brokerage account can earn 3.6% AER. This cash meets the requirements for US FDIC deposit insurance, which provides coverage of up to $2.5 million. Rates for uninvested cash may change over time.

A Robinhood stocks and shares ISA handles cash differently. Since Quai Investment Services Ltd holds your ISA cash in the UK, the UK Financial Services Compensation Scheme applies, together with its rules. If Robinhood U.K. If Robinhood U.K. You can pass your complaint to the Financial Ombudsman Service if Ltd doesn't resolve it properly.

Over 6,000 US-listed stocks and American Depositary Receipts can be traded through the app. US stock trades carry no commission, and you can start with $1 in fractional shares. Fractional shares let you buy a small part of a company instead of one whole share. Robinhood Legend provides real-time data and over 80 technical indicators when you use a computer.

Futures and stock lending are available alongside your ability to trade options on US stocks and indices. High risk comes with futures and options, which are also complex and subject to contract and exchange fees. Since 29 Oct 2024, an FCA restriction has stopped retail clients from selling options without full cover. For every option you sell, an underlying position in the same account must provide full cover.

Margin investing is also available, letting you buy shares with money borrowed from the broker. Leverage can magnify your losses, so you could lose more than your initial deposit. For crypto, Robinhood U.K. Since 31/07/2026, the firm has held registration under the Money Laundering Regulations. The firm can arrange cryptoasset orders before transmitting them. Crypto services rarely come with ombudsman or compensation cover.

You can hold both a brokerage account and a stocks and shares ISA. For either account, Robinhood charges neither an opening fee nor a maintenance fee. Eligible new ISA contributions can earn you a 5% cash bonus, worth up to £1000 overall. To keep the bonus, those contributions must remain in your ISA for 1 year.

US stock market investments mean every trade settles in US dollars. You can keep uninvested cash in pounds or US dollars in a brokerage account. Your ISA lets you hold pounds only, while the app converts them automatically whenever you trade. Currency conversion costs 0.1% during FX market hours. On Fridays, it costs 0.3% from 5 in the evening (PM ET) to 9 in the evening (PM ET).

The conversion fee is already included in the app's exchange rate. Regulatory trading fees may also apply, together with American Depositary Receipt fees.

Instead of spot forex or contracts for difference, Robinhood UK focuses on US stocks and options, plus futures. You can trade price movements through contracts for difference and spread bets, and neither requires you to own the asset being traded. Our guide to CFDs and stocks explains how ownership differs from derivative trading.

Several FCA-regulated brokers in the UK offer both share dealing and leveraged markets. Share dealing, options, forex, CFDs and spread betting are available from IG and CMC Markets. eToro and XTB provide share dealing, forex and CFD accounts. If you'd like to practise first, you can try orders in a demo forex account