FILE PHOTO: A trader watches his chart while working on the floor of the New York Stock Exchange July 8, 2014. REUTERS/Brendan McDermid
(Reuters) - Britain-based digital banking app Revolut launched commission-free stock trading in the United States on Wednesday, a move that will see it compete with online brokerages such as Robinhood Markets Inc and Charles Schwab Corp.
The launch by Revolut comes amid a broader surge in retail trading, which escalated last year when investors latched onto so-called "meme stocks" that included retailer GameStop and cinema group AMC Entertainment.
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