Robinhood to Launch Futures Trading Service for UK Customers
Jinse Finance reported, citing FinanceFeeds, that Robinhood has announced the launch of futures trading services for UK customers, allowing users to trade index, energy, metal, and forex futures directly through its app and desktop platform, Robinhood Legend. The service will offer access to over 40 CME Group futures products, with contract fees as low as $0.75 and free real-time market data. This move aims to break the tradition of futures trading being limited to institutional investors, providing retail traders with more convenient and low-cost access to the futures market. Jordan Sinclair, President of Robinhood UK, stated: "In the UK, futures trading has traditionally been seen as the exclusive domain of institutional investors. Today, we are beginning to change that."
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