The US trading and investment app Robinhood has finally opened a platform in the UK after two aborted attempts in recent years, . This marks the group’s first foray overseas. It arrives with a tarnished reputation, having become embroiled in the meme-stock mania over GameStop in 2021, when it was forced to suspend trading in the video-game retailer’s shares. It has also been accused of using game-like features to entice young investors into risky trades, while regulators have issued fines for system outages and misleading customers about trading costs.
A new way to play US shares
Mar 22, 2024
1 minute
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