How Robinhood plans to make money on US stock trading in the UK
Robinhood, the Silicon Valley startup that operates a commission-free trading app, is opening up a waiting list for customers in Britain. The fintech’s cut-rate fees for trading stocks, options, and crypto have roiled the securities brokerage industry in the US, and it’s looking to add to its more than 6 million customers by expanding internationally. Robinhood UK won’t require account minimums and customers can get started with just £1.