Robinhood UK Review
Your capital is at risk.
Robinhood, a popular low-cost trading app in the U.S., launched in the U.K. in March 2024. Robinhood U.K. offers the chance to buy U.S. shares commission-free but currently lacks the investment range offered by its rivals. Investors are currently unable to purchase U.K. shares, mutual funds, bonds, or ETFs.
The benefits of Robinhood are the lack of high foreign exchange (FX) fees, the ability to trade U.S. stocks without paying any commission, and the ability to schedule a stock trade outside market hours. In my hands-on testing, I found that the platform offers a good entry point for beginner investors looking to invest small amounts of money in U.S. stocks, but traders who wish to invest in U.K. shares or desire access to a wider range of products should look elsewhere.
-
Minimum Deposit:
£0 -
ISA:
No -
SIPP:
No
| Investment Choices | |
| Charges & Fees | |
| Website | |
| Education | |
| Mobile App | |
| Ease of Use |
Check out UK.StockBrokers.com's picks for the best investment platforms in 2026.
| 2025 | #18 |
Led by Elizabeth Anderson, Lead Writer and Researcher, the StockBrokers.com research team for the U.K. collects data and tests products on an ongoing basis. We review the tools and features most important to U.K. investors – including beginners, casual investors, passive investors, and active traders.
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Table of Contents
Pros & cons
Pros
- Very low FX fees at 0.03%.
- Can line up a deal outside market hours.
- 5% interest on uninvested cash.
Cons
- No ISA or SIPP.
- No FSCS protection (although other U.S. protections apply).
- Only offers U.S. stocks; very limited investment range.
My top takeaways for Robinhood in 2026:
- Robinhood currently offers access to more than 6,000 U.S. stocks but does not offer much else in terms of range of investments. Some ETFs are available to view and research, but you cannot currently invest in these through the Robinhood app.
- Robinhood can be a great way for new investors to ‘test the market’ and learn the basics of investing without worrying about small trades being swallowed up by hefty fees, as it doesn’t charge you anything for buying or selling investments.
- Robinhood charting tools are very limited on the mobile app. You can toggle between line view or candlestick, but the other drawing tools and technical indicators are limited, and you can’t overlay stocks or indices to compare historical performance.
Robinhood UK fees
Robinhood does not charge you anything for buying or selling investments, and you also don’t have to worry about service charges or other ongoing management fees. This makes it one of the lowest-cost trading platforms in the U.K. However, since Robinhood does not offer ISAs or SIPPs, you may end up paying tax on your investments which could increase the total cost to you down the line.
There are no foreign exchange fees beyond a small 0.03% charged by a third-party supplier for funding your account or withdrawing from it. Robinhood U.K. operates in U.S. dollars so when you pay Sterling into your account, this is converted to U.S. dollars for a 0.03% fee. If you are paying £5,000 into your Robinhood account, for example, you’d pay a currency conversion fee of £1.50.
Robinhood is offering a generous 5% interest on uninvested cash, which is a better rate than mainstream bank accounts. Although Robinhood is not covered by the Financial Services Compensation Scheme (FSCS) in the U.K., you are covered by equivalent U.S. protections. Federal Deposit Insurance Corporation (FDIC) insurance is in place covering you up to a maximum of $2.25 million on cash held in your account.
As a bonus, when you sign up to Robinhood you are given $7.87 that you can put towards investing into a company stock.
| Feature |
|
|---|---|
| Minimum Deposit | £0 |
| Share Trading: 0-9 Deals/ Month | £0 |
| Share Trading: 10-19 Deals/ Month | £0 |
| Share Trading: 20+ Deals/ Month | £0 |
| Annual Platform Fee (Funds): £0 - £250,000 | £0 |
| Annual Platform Fee (Funds): £250K-£500K | £0 |
| Annual Platform Fee (Funds): £500,000 - £1m | £0 |
| Annual Platform Fee (Funds): £1m and over | £0 |
| Bonds - Corporate - Fee | N/A |
| Bonds - Government (Gilts) - Fee | N/A |
| ETFs - Fee | £0 |
| Investment Trusts - Fee | N/A |
| Telephone Dealing Fee | N/A |
What type of trader are you?
New to the world of investing? See my picks for the best UK trading platforms for beginners. More experienced traders should check out my guide to the best UK Trading Platforms for Active Traders. If you're looking to trade shares on the go, read my guide to the best UK stock trading apps.
Range of investments
Robinhood currently offers access to more than 6,000 U.S. stocks but does not offer much else in terms of investment choice. Some ETFs are available to view and research, but you cannot currently invest in these through the Robinhood app.
A beginner on the Robinhood trading platform might be confused by the fact that Robinhood U.K. appears to offer U.K. stocks listed on the FTSE 100 and FTSE 250. However, these are actually a form of American Depositary Receipts (ADRs). These are tradable assets that replicate companies outside the U.S., meaning U.K. companies can be traded in U.S. dollars. You won’t own the shares directly yourself (they are held by a U.S. bank), but you can buy and sell these replica shares as if you do.
Like other platforms including Freetrade, eToro, and Revolut, Robinhood gives you the opportunity to buy fractional shares in U.S. companies. This is good if you are looking to invest small amounts and don’t want to potentially spend hundreds of pounds on an individual share. For example, you could invest $70 and own around a third of a share in Apple.
Robinhood says one of its unique selling points is that it allows users to buy and sell U.S. stocks overnight outside regular market hours. However, other mobile apps such as Trading 212 are also in the process of rolling out 24/5 trading for U.S. stocks and we expect more to follow.
At the moment, you can only trade through a general investment account on Robinhood and not through an ISA or SIPP. This means you lose the tax-free advantages of an ISA or SIPP, but traders investing small amounts will likely not have to worry too much about the possible tax burden.
| Feature |
|
|---|---|
| Share Trading | Yes |
| CFD Trading | No |
| ETFs | No |
| Mutual Funds | No |
| Bonds - Corporate | No |
| Bonds - Government (Gilts) | No |
| Investment Trusts | No |
| Spread Betting | No |
| Crypto Trading | |
| Advisor Services | No |
Mobile trading apps
The Robinhood app allows you to buy and sell investments easily while monitoring the recent performance of your portfolio. The display data for share prices can be adjusted to either show the last price or percentage change.
Through the app, you can create a watchlist - a list of stocks you want to keep an eye on. You can also create screeners, which are lists organised by theme, and this can be helpful in getting inspiration for companies to invest in. For example, you can see a list of companies that are due to release quarterly earnings within the next two weeks or those that offer the highest dividend yield.
However, charting tools are very limited on the mobile app. You can toggle between line view or candlestick but the other drawing tools and technical indicators are limited, and you can’t overlay stocks or indices to compare historical performance. I hope these features improve.
Elizabeth's take:
"When testing the app, I found it downright easy to put money into my Robinhood trading account. You are taken to your banking app so the money can be taken directly from your current account instantly."
Trading platforms
The Robinhood U.K. website is fairly basic in design, although it is very easy to navigate whether you are a new investor or one with experience.
When logged into your account, you see an overview of your investments and watchlists, as well as how much cash is held in your account and the interest it’s earned in the past month. You can also see stock market news provided by third-party financial news websites, as well as the stocks that have moved the most that day.
Overall though, the website is not yet as extensive as most other U.K. investing platforms. There are also very limited charting tools and there is no option to overlay different stocks to compare how two or more companies have performed over a certain period of time.
| Feature |
|
|---|---|
| Web Platform | Yes |
| iPhone App | Yes |
| Android App | Yes |
| Stock Alerts | Yes |
| Charting - Indicators / Studies | 3 |
| Charting - Drawing Tools | 0 |
| Charting - Notes | No |
| Charting - Display Corporate Events | No |
| Charting - Stock Overlays | No |
| Charting - Index Overlays | No |
Interested in additional trading tools?
Looking for more resources to help you become a better trader? See our picks for the best free stock screeners, best trading journals, or best free stock chart websites. If you're newer to trading, read our guide on how to invest in stocks in the U.K.
Education
Research and investment tools are prominent when you first come into the app or website. Robinhood is likely to appeal to new investors and the platform clearly makes an effort to help investors learn more about the stock market. Robinhood says 47% of users in the U.S. are first-time investors and it may be similar in the U.K.
Through the website or app you can read about the basics of investing, such as ‘what’s a stock?’ and ‘why invest?’. There’s also a brief definition of terms an investor will read when they place a trade, such as market orders and limit orders.
However, Robinhood’s educational materials overall are not as extensive as many other platforms. It does not come close to the likes of IG’s investment academy or the extensive range of guides and webinars offered by more traditional brokers such as Interactive Investor or Hargreaves Lansdown.
| Feature |
|
|---|---|
| Education (Share Trading) | Yes |
| Education (Funds) | No |
| Education (Retirement) | No |
| Client Webinars | No |
| Client Webinars (Archived) | No |
Are you new to investing?
We thoroughly tested 16 top U.K. brokerages to find the best choices for beginner investors. Read more in our guide.
Final Thoughts
If you’re an investor who likes to trade U.S. stocks, Robinhood is likely to appeal to you. There are no fees to buy or sell shares, and no foreign-exchange fees beyond a very small third-party fee of 0.03%.
Robinhood can be a great way for new investors to ‘test the market’ and learn the basics of investing without worrying about small trades being swallowed up by hefty fees. However, be mindful that for most investors the least-risky way to invest is through a diversified portfolio that you hold for at least five years. This is most likely to be achieved through funds or ETFs, which aren’t currently offered by Robinhood.
Also, be aware that Robinhood does not yet offer ISAs or SIPPs. These accounts should be a priority when you invest because they come with valuable tax advantages. But if you are only investing a small amount to get to grips with investing, and plan to use Robinhood as a secondary account, then that’s less of a consideration and Robinhood’s general investment account may be fine for you.
Robinhood UK Star Ratings
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About Robinhood
Robinhood was one of the first platforms to offer commission-free stock trading when it launched in the U.S. in 2013. A U.K. launch was initially scheduled to take place in 2020 but was delayed until March 2024. The platform is owned by Robinhood Markets, which is based in California and is listed on the NASDAQ in the U.S. under the ticker ‘HOOD’. The U.K. is Robinhood’s first market outside the U.S.










