Robinhood launches futures trading for UK customers

Today, Robinhood is announcing the launch of futures trading in the UK, giving customers the ability to trade index, energy, metals, and foreign exchange futures directly in the Robinhood app and on Robinhood Legend. Customers can access 40+ CME Group futures products — including futures on the S&P 500, oil, gold, and more — with low fees, seamless mobile and desktop access, and one-tap ladder execution.

Futures are exchange-traded contracts that represent agreements to buy or sell an asset at a specific price at a future date. Contracts are standardised in terms of the contract size, expiration date and hours of trading. They are available to trade nearly 24 hours a day across a variety of different asset classes including indices, energy, foreign exchange and metals. 

Futures trading will be rolling out to eligible UK customers in the coming weeks — with a $0.75 contract fee per trade and real-time market data at no additional cost. Other costs such as regulatory fees and exchange fees apply. 

“In the UK, futures trading has traditionally been seen as the preserve of institutional investors, with limited resources to help retail traders get started,” said Jordan Sinclair, President, Robinhood UK. “Today, we start changing that. We’re introducing futures trading in the UK with an intuitive mobile experience, smarter tools, education and insights and some of the lowest fees in the industry.” 

“Futures offer retail traders a fully transparent, cost-effective way to participate in some of the most liquid markets in the world,” added Julie Winkler, Chief Commercial Officer at CME Group. “We are pleased to work with Robinhood to educate and empower their UK customers to access these new opportunities."

This is another important step on Robinhood’s journey to become the number one platform for active traders worldwide. The launch of futures adds to Robinhood’s suite of products for the UK’s active traders, which also includes options trading and Robinhood Legend, our advanced desktop trading platform.

Safety is top of mind for us at Robinhood, which is why customers must be approved to trade futures. We also offer a number of educational resources to help customers make informed decisions. This includes a Futures Fundamentals section on Robinhood Learn, which is available directly in the app or on our website.

Disclosures:

All investments involve risk and loss of principal is possible. Futures are complex products with a high risk of losing money rapidly due to leverage. They’re not suitable for all investors. Before you invest, you should make sure you understand how futures work, what the risks are of trading futures and whether you can afford to lose more than your original investment. Please review the Futures Risk Disclosure Statement and RHUK Fee Schedule prior to engaging in futures trading.