Robinhood introduces margin trading in the UK with FCA approval, following its commission-free trading launch.

Robinhood has introduced margin trading in the UK, allowing users to leverage their existing assets for purchasing additional securities. This approval from the Financial Conduct Authority (FCA) comes amid concerns about the risks associated with margin trading, which is less common in the UK. The platform offers competitive interest rates for margin loans, aiming to expand its market presence following the launch of commission-free trading in March.

October 21, 2024
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