Robinhood Launches Legend Desktop Trading Platform UK

Robinhood launches its new desktop trading platform, Robinhood Legend, in the United Kingdom starting today. The platform, designed especially for active traders, will be available free of charge to anyone holding a Robinhood account. It allows users to trade 6,000 U.S. stocks and options contracts through a browser-based interface. This rollout marks an important step as Robinhood aims to strengthen its presence in the UK market.

The company initially introduced Robinhood Legend last year in the United States to serve more sophisticated retail investors who demand speed and advanced trading features. Moreover, Robinhood points out that more than 11 million UK residents currently use desktop platforms for investing, which highlights the potential demand for Robinhood Legend. 

Robinhood Launches Legend Desktop Trading Platform UK

The platform offers personalized trading setups, advanced charting tools, real-time data, and custom time intervals to meet traders’ needs. Jordan Sinclair, President of Robinhood UK, stated, “Robinhood Legend gives UK investors the speed, precision, and customisation they need to stay ahead of the curve, with a platform that’s powerful, intuitive, well-designed, and free.” He added, “The goal is for Robinhood to be the number one platform for active investors globally.” 

This UK launch follows Robinhood’s introduction of options trading in the region several months ago. The company entered the UK market last year after facing two previous setbacks. Initially, Robinhood attempted to start services in 2020 but was unsuccessful. Later, it tried to acquire the UK trading app Ziglu, though the acquisition did not materialize. Furthermore, Robinhood’s revenue from options trading has long been significant, but recently, cryptocurrency trading has surpassed it as a revenue source. 

Despite this, the company reported a 30% drop in crypto revenue to $252 million in the first quarter of 2025, while options generated $240 million. Consequently, Robinhood plans to diversify its offerings beyond cryptocurrencies to reduce volatility and ensure more stable growth.

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