Commission-free stock trading disruptor Robinhood is bringing its app to the UK market, in a bid to further globalise its mission of “democratising the financial system”. Stock trading app Robinhood gets UK broker license.
A blog post on its website confirms the fintech has been granted full authorisation by the UK’s financial regulator, the Financial Conduct Authority (FCA), to operate as a broker in the country.
The launch date has not been revealed, but the hiring process for roles in London has already started as Robinhood takes the first “critical step” in its global expansion.