Robinhood Financials is a stock brokerage application that aims to democratize access to the financial markets. The platform enables its customers to buy and sell U.S. stocks, ETFs, options, and cryptocurrencies with zero commission. The trading platform also aims to make people comfortable storing money and trading stocks using its application. Founded in 2013, Robinhood Financials is an SEC registered broker-dealer and member of FINRA and SIPC.
In October 2018, Robinhood introduced Clearing by Robinhood, which is a clearing brokerage that exists solely to settle the trades customers have on Robinhood. In August 2019, Robinhood received authorization to operate as a broker in the U.K.
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