Robinhood UK says it has added ISAs, tax-advantaged retirement accounts, to its bundle of investment options. The company touted its zero platform fees, low FX fees, and a 2% cash bonus.
UK users will be able to access approximately 5,000 US-listed stocks and ADRs and may trade both whole and fractional shares. Access to Robinhood’s AI-powered tool, Cortex Digests, is included with additional AI services anticipated later this year.
Jordan Sinclair, President of Robinhood UK, said the service was created to change the way the UK invests.
The company added that its ambition is to become the leading global financial ecosystem while supporting UK retail participation in the markets.
The ISA service begins rolling out this week, with broad availability accomplished over time.