Robinhood launches commission-free IPO access in the UK

Robinhood launched IPO Access in the UK on November 9, letting British retail investors apply for shares of eligible U.S.-listed companies at the official offer price before public trading through its standard investment account, with no commission charged. The service, offered in partnership with a UK public-offering platform provider, gives users access to each deal's prospectus and SEC filings, and follows its 2021 U.S. debut, where it has since participated in more than 50 IPOs. Robinhood UK president Jordan Sinclair framed the rollout as extending the same access to British retail investors, while the company flagged that IPO investing carries significant risk and that shares can swing sharply, especially in early trading. The move deepens Robinhood's UK expansion after it began offering crypto trading to eligible British clients in August via Bitstamp, the exchange it acquired for $200 million.