The launch of margin trading follows the recent approval of the product, after Robinhood held conversations with Britain's financial regulator, the Financial Conduct Authority (FCA).
Margin trading is a rarity in the U.K., where regulators see it as more controversial because of the risks involved to users.
Some platforms in the country limit margin trading for only high-net-worth individuals or businesses.
In the case of margin trading, investors can use borrowed money to increase the size of their trades.
At the time of launch, Robinhood was unable to offer U.K. users the option of margin trading, pending discussions with the FCA.
Persons:
Rafael Henrique, Robinhood, Jordan Sinclair, Goldman Sachs, Morgan Stanley, Sinclair, we've, Robinhood's Sinclair, that's
Organizations:
Getty, Financial, Authority, Interactive, IG, CMC Markets, Robinhood, JPMorgan Chase, UBS, CNBC, FCA, U.S ., Federal Deposit Insurance Corporation
Locations:
U.S, Britain, Tesla