UK-based fintech platform Robinhood is planning to offer its users share trading with no commission. The service would be similar to US site Revolut, which has been in operation for several years. Robinhood has not given a timescale for when the new function will be available, but has said that its premium subscribers will be first to test it. The site now has 2 million users, and the company says it has plans to launch in north America, Singapore, Hong Kong, Australia and New Zealand.
UK-based fintech platform Revolut is planning to offer its users share trading with no commission. The service would be similar to US site Robinhood, which has been in operation for several years. Revolut has not given a timescale for when the new function will be available, but has said that its premium subscribers will be first to test it. The site now has 2 million users, and the company says it has plans to launch in north America, Singapore, Hong Kong, Australia and New Zealand.