Robinhood Aims for the UK Market Comeback in 2024, Third Time Around

<p>Online
investment app Robinhood has announced its impending launch in the UK,
scheduled for early 2024. This marks the company's third attempt to expand in
the country. The zero-fee platform will offer users the option to trade from a
selection of 6,000 US stocks, including major companies like Tesla and Apple,
with the convenience of 24-hour investing five days a week. Notably, the UK
version of Robinhood will initially exclude UK stocks, options, and other
derivatives.</p><p>Robinhood Targets UK
Market with Third Launch Attempt</p><p>Jordan
Sinclair, President of Robinhood UK, anticipates the 24-hour trading feature to be a
significant draw for users, allowing them to respond promptly to market-moving
news. The platform aims to allow users to act on investment strategies and news
insights without the typical market hour constraints.</p><p>Robinhood's
previous attempts to enter the UK market <a href="https://www.financemagnates.com/cryptocurrency/news/commission-free-trading-app-robinhood-to-debut-in-the-uk/" target="_blank" rel="follow">featured a waiting list</a> that commenced and concluded in 2019, garnering over 300,000 sign-ups and <a href="https://www.financemagnates.com/cryptocurrency/robinhood-to-acquire-ziglu-gaining-a-foothold-in-the-uk/" target="_blank" rel="follow">a failed acquisition</a> of British
crypto-trading app Ziglu. Despite these setbacks and a $12 million impairment
charge from the Ziglu deal, the company is moving forward with its UK expansion
<a href="https://www.financemagnates.com/forex/robinhood-joins-us-brokers-in-attempt-to-conquer-the-uk/" target="_blank" rel="follow">for the third time</a>.</p><blockquote><p lang="en" dir="ltr">Robinhood is making its way to the