Robinhood Launches Futures Trading for S&P 500, Bitcoin, and Oil in Major Expansion

Robinhood Markets, Inc. has announced the rollout of in-app futures trading, allowing users to trade contracts based on the S&P 500, oil, and Bitcoin.

This latest addition to the platform comes as part of a broader effort to attract seasoned traders by providing advanced tools at competitive fees.

The company’s mobile app now supports futures and index options trading, giving users access to high-demand assets like Bitcoin and S&P 500 futures, traditionally dominated by larger financial institutions​.

The move is accompanied by the launch of Robinhood Legend, a desktop platform aimed at active traders. It offers real-time data, customizable layouts, and advanced charting capabilities.

Robinhood Gold members benefit from trading futures contracts with fees as low as 50 cents per contract, while non-Gold members pay 75 cents. Index options are similarly competitive, with fees set at 35 cents for Gold members​

With its user base of 11.8 million monthly active users, Robinhood aims to compete directly with established brokerages like Schwab and Morgan Stanley​.

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