Robinhood (NASDAQ: HOOD) has launched agentic trading, allowing users to trade automatically using artificial intelligence (AI). Purchases of Robinhood’s AI-native Model Context Protocol (MCP) will use a credit card to pay for the transaction.
In a blog post, Robinhood said users can now build agents to execute a specific strategy using a separate AI account segmenting agentic trading from your main holdings. Users will receive push notifications about transactions, and there is a real-time activity feed to help track trading.
Strategies are based on investing and trading goals.
To start, only equities will be available, but crypto, options, futures, and more are said to be on the way.
The Agentic Credit Card enables AI to spend on behalf of the investor. A virtual Robinhood Gold Card is incorporated, so users can set a specific spending limit and choose whether to require manual approvals or not
While other brokers and marketplaces are heading in the same or similar direction, no one as prominent as Robinhood is offering agentic trading to this degree. Big brokers like Schwab are viewed as behind the curve, perhaps hesitant to adapt to the inevitable future, fearful of change and liability.
IBRK has some automated trading features, and Public allows users to deploy AI agents today, but Robinhood is still ahead of the curve.
If anything, Robinhood is bringing sophisticated trading to both large traders and the mass market, fueling a transformation in the capital markets where tools once available only to institutions are now included in a brokerage account.
Robinhood reports over 27 million users with $345 billion in assets on its platform. Later today (May 27), Robinhood is speaking at the Bernstein conference, where more details on agentic trading could be revealed.