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Robinhood Launches Free Desktop Trading Platform for UK Investors

WikiFX
| 2025-05-29 16:27

Abstract:Robinhood launches its free desktop trading platform, Robinhood Legend, in the UK, offering advanced features for active investors, including 6,000 US stocks with no commissions.

Robinhood Launches Free Desktop Platform for UK Investors.jpg

Robinhood has introduced its new desktop trading platform, Robinhood Legend, in the United Kingdom, taking a big step in its worldwide growth. Designed for active traders, this browser-based platform offers UK users a strong and easy-to-use tool, building on Robinhoods success in the United States. Starting today, the platform will roll out to all Robinhood UK account holders over the next few weeks, giving them a fresh way to trade in the markets.

The platform is completely free for Robinhood UK users and provides access to more than 6,000 US stocks without charging commissions or foreign exchange fees. Options trading costs just $0.50 per contract, with small extra fees for index options and regulatory costs. This pricing makes advanced trading affordable for everyone, from experienced investors to those ready to take their trading to the next level.

Robinhood takes aim at UK investment platforms with no-fee Isa

Jordan Sinclair, head of Robinhood UK, shared the company‘s goal: “We want Robinhood to be the go-to platform for active traders around the world. Legend gives UK investors the speed, accuracy, and control they need to succeed. It’s easy to use, looks great, and comes at no cost—setting a new standard for trading in the UK. This is only the beginning of what were creating.”

Robinhood Legend shines with features built for serious desktop trading. Users can personalize their layouts to match their trading style, with support for multiple monitors and widgets that sync for real-time updates. Traders can pick from ready-made layout options or design their own, creating a workspace that fits their needs perfectly. The platform focuses on ease of use, tackling a major issue for UK traders. Robinhoods own studies show that about one in three UK desktop traders feel frustrated with their current platforms due to limited options for customization and outdated designs.

The platform offers powerful tools for traders. You can place orders directly from charts, watchlists, or the positions tab with one click, keeping key information in view. Its charting features stand out, letting users display up to eight charts in a single window, choose from ten chart styles, and use over 80 technical indicators like VWAP, Bollinger Bands, and Ichimoku Cloud. Tools like Fibonacci levels and trend lines make analysis even easier. Market data updates multiple times per second, so traders can follow price movements at custom intervals, even down to individual ticks.

Beyond trading, Robinhood Legend provides detailed analytics to track watchlists, order flow, open positions, and options chains. These features give traders a clear picture of their performance, helping them make smarter choices. The platforms focus on flexibility and speed meets the demands of active investors who need precision and control.

With over 11 million people in the UK using desktop trading platforms, Robinhood sees a huge opportunity. The company believes Legend can attract traders unhappy with their current tools by offering a smooth interface and advanced features. Robinhood aims to transform how UK investors trade by combining ease of use with powerful technology.

As Robinhood Legend launches, it shows the company‘s dedication to supporting active traders with top-notch tools. With its mix of affordability, customization, and cutting-edge features, the platform is ready to shake up the UK’s financial markets.

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