Robinhood launches Crypto trading for UK clients

Following our recent report that US neobroker Robinhood (NASDAQ:HOOD) had received a UK crypto license, and was added to the UK FCA’s list of Registered and Formerly Registered Cryptoasset firms, it should come as no surprise to FNG readers that Robinhood has formally announced that it is now launching access to crypto trading in the UK. Robinhood customers can now trade digital assets directly through Bitstamp UK Ltd, registered with the FCA as a cryptoasset service provider, in the single Robinhood app alongside their stocks and shares ISA, equities, options and futures.

Zero trading fees

Robinhood said it is introducing crypto trading with zero trading fees, including no account maintenance or custody fees. The new product provides a transparent, low-cost alternative to many incumbent UK platforms, which often rely on opaque pricing structures and apply wide spreads that can erode customers’ returns. It will begin rolling out to eligible UK customers this week.

With this launch, Robinhood is enhancing its all-in-one platform for UK investors, giving customers access to more than 50 cryptocurrencies within the Robinhood app, including Bitcoin ($BTC), Ethereum ($ETH), XRP ($XRP) and Hyperliquid ($HYPE).