Robinhood is attracting users with lower fees and higher leverage, especially targeting the XRP, SOL, and DOGE futures markets. The company stated it will launch new features in the US and EU to appeal to high-frequency and professional users. In the US, Robinhood is expanding its fee tiers from 3 to 7 levels. In the EU, users can trade perpetual contracts for XRP, SOL, DOGE, and SUI, with up to 7x leverage available. EU users will also be able to invest in money market funds in partnership with institutions such as J.P. Morgan, and access to trading over 1,000 stock tokens will gradually be rolled out. (The Block)
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Robinhood is attracting users with lower fees and higher leverage, especially targeting the XRP, SOL, and DOGE futures markets. The company stated it will launch new features in the US and EU to appeal to high-frequency and professional users. In the US, Robinhood is expanding its fee tiers from 3 to 7 levels. In the EU, users can trade perpetual contracts for XRP, SOL, DOGE, and SUI, with up to 7x leverage available. EU users will also be able to invest in money market funds in partnership with institutions such as J.P. Morgan, and access to trading over 1,000 stock tokens will gradually be rolled out. (The Block)