Trading app Robinhood drops UK margin investing


Robinhood had planned to offer margin investing, a risky form of trading in which customers borrow money to make bigger trades. — Reuters

LONDON: Trading platform Robinhood has “paused” its plan to lend to UK-based customers to allow them to make leveraged trades pending further talks with regulators as it launches its UK business, the company says.

Robinhood, which launched its UK arm last week, had planned to offer margin investing, a risky form of trading in which customers borrow money to make bigger trades.

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