Robinhood Stock Trading App Gets UK Broker License

A popular stock trading app Robinhood has been approved by UK regulators. Recall, most recently, this application was valued by investors at 7.6 billion US dollars. Earlier, a subsidiary of Robinhood International Ltd company was created, it was authorized to work in the UK market as a broker, but with some restrictions. This suggests that Robinhood has long had plans to enter the UK market. The company claims that they are currently setting up a research group in London to offer better products to local users. Rough localization is unlikely to have a good effect on the development of the site in the region.

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