Robinhood, a company that went public in 2019, has shown an unwavering commitment to growth and expansion. In early 2025, this broker introduced options trading, shortly after embracing retirement accounts and cryptocurrency investing. Now, it offers a wide range of services, and its client base is growing at a phenomenal pace.
As Robinhood continues to grow, investing in the company’s stock can be a profitable move. If you are new to investing and don’t know where to start, don’t worry. I’ll walk you through the entire process in this guide on how to invest in Robinhood for beginners in the UK.
In this guide
How to Buy Robinhood (HOOD) Stock
How to Buy Robinhood (HOOD) Stocks
The brokers I’ve recommended below have similar procedures for buying Robinhood shares. As an investor, it is crucial to compare the features of different brokers and select the one most suitable for you. I’ll guide you through the key considerations when choosing a suitable stockbroker, but first, allow me to walk you through the step-by-step process of Robinhood investing in the UK.
To buy Robinhood stocks without complications, you must have access to a good broker. So the first thing you should do is look for one. And don’t opt for any flashy service provider you see on the internet. I strongly advise against that, as there are plenty of shoddy and unreliable options available today. Stick to the credible and trustworthy providers I’ve recommended here.
After choosing a reputable broker, visit its official website. I’ve shared each recommended service provider’s official link to make your work easier and help you avoid the costly consequences of falling for copycat websites run by criminals. When you arrive at the official homepage, review everything from support and assets to the Terms and Conditions. After validating all crucial details, click the signup button and complete the registration form with your full legal name, residential address, contact information, and other essential details.
All regulated brokers consider account verification a procedure, as it ensures the trading platform remains safe from imposters. Therefore, your chosen broker will require you to verify your identity and location by sharing a copy of your national ID card/ driver’s license and a utility bill/ bank statement. Your details will be under review for a few minutes to a few days, after which your account will be fully activated.
Use a supported funding method to deposit investment funds into your account. I prefer using e-wallets and credit/debit cards since they offer instant deposits, but you can choose whatever suits your preferences. For instance, if you require a highly secure option with the highest limits, bank transfers can be an ideal choice, and the best part is that most providers support them. Remember to factor in your broker’s minimum funding requirements.
The final step is to buy the actual Robinhood stocks, which are listed under the Nasdaq stock exchange. The ticker symbol should be HOOD. You can easily find these assets using your broker’s search function. If you don’t have enough money to buy whole stocks, check if your provider supports fractional shares. Many do, including eToro. If not, you can either increase your investment capital or shift to a broker that supports fractional investing.
Brokers to Invest in Robinhood in the UK
Before writing this guide, I searched high and low for the best brokers in the UK. To ensure I only recommend credible providers who offer Robinhood stocks, I researched and tested every provider I encountered.
Besides the availability of the aforementioned assets, I focused on a couple of the other crucial determinants while evaluating all providers, including regulatory status, user reviews, and costs. Based on these elements, I ranked all brokers and selected 3 that stood head and shoulders above the rest. I’ve introduced them, along with their highlights and noteworthy drawbacks, below.
1. eToro
eToro is one of the most recognised and respected brokers globally. Many, myself included, consider it a top choice because, among other features, it supports social copy investing and trading. In other words, with eToro, you can not only buy Robinhood stocks but also copy the investment decisions of top investors. Please note that this feature requires a minimum investment of £200.
Moreover, eToro is user-friendly, and new investors will find it easy to set up an investment account and maneuver its platform. If you want to diversify your portfolio with additional assets, eToro lists plenty to choose from, including real cryptocurrencies and CFDs on forex, commodities, and thousands of other securities.
You need a minimum deposit of £50 to access eToro’s platform and purchase HOOD shares, which is one of the pocket-friendliest deals I’ve encountered so far. Plus, the broker allows you to trade shares as CFDs if you do not want to take long-term positions. Finally, eToro offers ready-made portfolios that can benefit both first-time investors and seasoned professionals.
Disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Zero commission means that no broker fee will be charged when opening or closing the position and does not apply to short or leveraged positions. Other fees apply including FX fees on non-USD deposits and withdrawals. Your capital is at risk. For more information, click here.
✔Low minimum to fund an account and begin investing
- FCA-registered, reference number 583263
- 6,000+ stocks available, including Robinhood stocks
- Supports fractional investing
- Investors can also buy 100+ crypto assets
- Users can trade 7,000+ CFDs
- Available features may be too limited for professionals
- £10 monthly inactivity fee after 1 year of account dormancy
2. Saxo
With over a million clients, Saxo is one of the most popular brokers worldwide. I strongly recommend it because it’s licensed by the FCA (Reference number 207519) and many other authorities, including ASIC, MAS, and the JFSA. So, its credibility and reliability are intact. In addition to Robinhood stocks, this broker offers a diverse range of other assets.
In total, I came across 71,000+ assets on the Saxo platform. After signing up with this broker, you’ll have access to an astonishing range of investment products, including over 23,000 stocks from diverse global exchanges to thousands of bonds, funds, and ETFs. You can also trade leverage products, including currency pairs, forex options, and commodity CFDs.
Another beautiful aspect of Saxo is its diverse range of accounts. You can open an individual, joint, corporate, or professional account. ISPs, SIPPs, and trust accounts are also available. Visit the company’s website to learn more.
✔ Best for experienced traders
- 71,000+ investment and tradable products
- Commissions as low as 0.08%
- No initial minimum deposit requirement
- ISAs, SIPPs, and trust accounts are available
- No inactivity fees
- Fractional shares are not offered
- It can be too complex for beginners
3. CMC Markets
I highly recommend CMC Markets for expert traders eyeing Robinhood stocks. This broker offers a wide selection of assets and trading resources, making it ideal for seasoned professionals. HOOD shares traders will also get an opportunity to explore various advanced platforms, including TradingView and MT4.
Sadly, I discovered that CMC Markets does not offer real Robinhood shares that users can invest in. But I wasn’t entirely disappointed, as I had the chance to trade Robinhood stock CFDs and many other assets, including forex pairs and commodities. The best element about trading Robinhood stocks on CMC Markets is that you will enjoy commission-free stock trading services. Additionally, CMC Markets does not have a specific minimum deposit requirement for its users.
Besides CFD trading, you can also spread bet on HOOD shares and other securities at CMC Markets. Learning resources are available in plenty for you to boost your skill level and become more independent, which makes this broker ideal for beginners. Regarding CMC Markets’ support service, rest assured that it is reliable and offers relevant solutions to users’ challenges.
✔ Great selection of assets
- Approved by the FCA, reference number 173730
- Powerful platforms, including TradingView and MT4, are available
- No minimum deposit requirement
- Offers 12,000+ tradeable instruments
- Supports CFD trading and spread betting
- £10 monthly inactivity fee
- No buying of actual shares and other assets
Robinhood Shares Price Today
Determining Robinhood’s share price today can be challenging, considering that the asset’s value keeps fluctuating with the stock market conditions. Below, we share a live chart to help you identify Robinhood’s current value. You can also use it to analyse the asset’s historical prices and get other data that may benefit your analysis.
About Robinhood
Robinhood Markets is a financial service provider that was founded in 2013 by Vladimir Tenev and Baiju Bhatt. It’s currently headquartered in California, USA. The founders created Robinhood to ensure that every trader has the opportunity to explore the financial markets without incurring commissions. The company’s actual mission is to “democratize finance for all.”
This popular service provider went public in 2021, with its stocks trading on the NASDAQ exchange under the HOOD ticker. Although its value from its IPO has experienced significant drops over the years, thus shunning away investors, Robinhood continues to innovate to ensure it bounces back. So far, the company has included pension and retirement accounts, opening up new investment opportunities.
Additionally, Robinhood considers demographics as this significantly affects the company’s growth. This has attracted traders and investors of all types, including millennials and Generation Z. With the measures Robinhood takes to increase its popularity in the financial space, it has growth potential, and we witness this from its rising share price.
Learn how to buy Tesco shares, AstraZeneca shares or Spotify shares in our other guide!
Risks of Investing in HOOD
Here’s an overview of the noteworthy risks of Robinhood investing in the UK:
- Regulatory concerns: Before investing in Robinhood stocks, note that the company has experienced numerous regulatory issues over the years. For instance, it was recently subjected to FINRA probes that ended with the company parting with millions of pounds.
- Profitability issues: Robinhood has successfully built a massive customer base of over 25 million people, but achieving consistent profitability remains a significant challenge. Take 2023, for example, when the company reported hundreds of millions of pounds in losses.
- Market volatility: Like other financial assets, Robinhood stocks are subject to market volatility. Their prices can fluctuate depending on a broad range of factors, including market sentiment and wider economic conditions such as inflation and changing interest rates.
FAQs
Yes. The online financial marketplace is booming, and since Robinhood is one of the service providers in this space, it has growth potential. However, ensure you conduct thorough market research and analysis before investing in the HOOD stock. Plus, have a budget, and select the best broker like the ones referenced in our mini reviews above.
Several factors can influence the price of Robinhood stocks, including the company’s financial performance, investor confidence, and market sentiment.
As of April 2025, Robinhood doesn’t pay dividends to HOOD shareholders. The company has never issued any dividends since going public.
Since Robinhood is a financial services provider operating in a highly regulated industry, regulatory challenges can have a significant impact on its stock price. That is because they can affect everything from investor sentiment to day-to-day operations and profitability.
Expert Opinion
After extensive analysis and evaluation, here’s my expert opinion. Robinhood has great potential, especially since the company shows a dedication to growing and expanding its services. For instance, it recently expanded into retirement accounts and options trading. As such, I consider investing in HOOD shares a wise move.
However, since Robinhood is still working to rebuild investor and client trust after the challenges it has faced over the years, including the recent SEC controversy, I strongly recommend investing with caution. Ensure HOOD shares make up only a small portion of your portfolio and diversify with other assets.
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25,000 hours of testing 70+ brokers. Our recommended broker is Pepperstone.
Our recommended broker is Pepperstone.