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Robinhood UK

  • Non-cash ISA understanding low despite government push

    Personal Finance

    UK savers understanding of non-cash ISA products, is lower than its cash counterpart, reflecting the lack of knowledge surrounding options despite the government push to move Brits away from cash. According to the latest analysis from investment platform Robinhood, just under half of investors confirmed having minimal knowledge of how stocks and shares ISAs work, [...]

    At its core, an ISA is a "tax wrapper," a protective shell that shields your money from income tax and capital gains tax.
  • Robinhood boss says UK’s stance on crypto trading is ‘backwards’

    Fintech

    The billionaire chief executive of investment platform Robinhood has said UK policymakers' stance on cryptocurrency trading is "backwards" compared to regulated forms of gambling.

    Crypto trading has proven divisive among UK authorities.
  • Robinhood UK launches delayed margin lending investing

    Investing

    Robinhood UK has launched a margin investing feature after it was previously delayed by regulators. Margin investing allows customers to borrow money from Robinhood, leveraging their existing holdings to purchase additional securities When Robinhood UK was launched in the UK in March, the company originally stated that it could charge 12 per cent interest on [...]

    Robinhood's UK chief Jordan Sinclair said the company had put the feature on pause earlier this year.

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