Robinhood doesn’t charge any fees or currency conversion fees for deposits or withdrawals to or from a bank account with your Robinhood account. However, implicit third-party costs of 0.03% are included in the applicable British pound sterling (GBP) to US Dollar exchange rate.

Check out Robinhood’s fee schedule for more details.

Robinhood U.K. Ltd (Robinhood UK) is authorised and regulated by the Financial Conduct Authority (FRN: 823590). Robinhood UK onboards UK customers and has the lead customer relationship with UK customers in relation to their use of the Robinhood UK app and website. Robinhood UK introduces UK customers to Robinhood Securities, LLC for order routing, execution, clearing, settlement, arranging custody services, securities lending, and margin lending to eligible UK customers with margin accounts. Robinhood Securities, LLC is regulated in the US by the SEC and FINRA. Robinhood UK and Robinhood Securities, LLC are subsidiaries of Robinhood Markets, Inc.

Review Robinhood’s fee schedule and the Robinhood Money Spending Account agreement for more details.