Robinhood now lets your AI agents trade stocks
Robinhood has introduced AI agentic trading, allowing users to create accounts for AI agents to trade stocks on their behalf. Users will receive notifications for trades made by their AI agents and can monitor their activities through the app. The feature is currently in beta and will expand to include options, crypto, and other financial products in the future.
- ▪Robinhood has launched support for AI agentic trading and a new agentic credit card.
- ▪Users can create a separate account for their AI agents and connect it to a dedicated wallet.
- ▪The AI agents can analyze portfolios and suggest investments but can only trade with pre-loaded balances.
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As the tech industry rallies around AI agents, some companies are building capabilities to enable AI agents to make payments and trade stocks on users’ behalf. Stock trading app Robinhood is also moving in that direction: The company on Wednesday said it is launching support for AI agentic trading, as well as a new agentic credit card. Robinhood said users on its platform can now create a separate account for their AI agents and connect them to a dedicated wallet. While these agents would be able to read and analyze users’ portfolios to come up with trading strategies and suggest investments, they’ll only be able to access the pre-loaded balance in the dedicated wallet to place orders.
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