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";s:4:"text";s:3280:"Robinhood opened its waiting list in the UK in November 2019 and promised to launch this year. Read our community guidelines in full

There has been much speculation about whether the company will go public, however Robinhood hasn't set a date for a potential initial public offering.Got a confidential news tip? We look forward to the day when we can bring this mission to the U.K."The company opened a waitlist to British customers in November after obtaining broker authorization from the Financial Conduct Authority last summer.
“We're very excited about this important milestone in our journey as a company and to bring accessible investing to people,” Mr Rutgers said. You will pay only a small FX fee of 0.45% on any foreign trades. The app will offer UK users the chance to sign up from Wednesday in order to gain access upon its official launch in early 2020 with a no minimum account deposits. Robinhood, the U.S.-based stock trading app, is postponing its U.K. launch “indefinitely,” more than a year and a half after the company began executing on plans to cross the pond. "As a company, we are refocusing our efforts on strengthening our core business in the U.S.""Although our global expansion plans are on hold for now, we're committed to democratising finance for more people around the world. Robinhood found itself in hot water following the suicide of a 20-year-old trader who said he lost $730,000 on the free trading app. Robinhood has postponed the launch of its popular stock-trading app in the U.K. indefinitely.The Menlo Park, California-based fintech firm told people signed up to its U.K. waitlist Tuesday that it had put the brakes on its global expansion ambitions to focus primarily on its home market. It experienced a wild surge in trading volumes at the start of the coronavirus pandemic which resulted in a The firm was last valued at $8.6 billion after raising another $320 million earlier this month. The company has a team of 10 in London, but has a number of additional roles open with hiring “in motion”.We rely on advertising to help fund our award-winning journalism.We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future. We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services. Founded in 2013, the company's valuation has swelled to a $7.6bn having won over investors on its trading services, which give users the chance to invest in US and global stocks such as Amazon, Apple and Nike without having to pay a fee. The Silicon Valley startup targets millennial investors and … The company plans to transfer most of its 10 employees in the U.K. to U.S. teams, however others will be let go.The firm has become a popular entry point for first-time investors in the U.S., growing from 1 million users in 2016 to over 13 million this year. They recently introduced fractional shares on US stocks and the number of US stocks available is growing rapidly. Users will be able to features that help them track investments, such as price movement alerts, analyst ratings and dial-ins to company earning calls
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