Robinhood launches AI stock trading and credit card
Add Axios as your preferred source to
see more of our stories on Google.
Robinhood is introducing AI agentic trading. Photo illustration: Scott Olson/Getty Images
There's a new way to make a fortune, lose it all or end up somewhere in between — and it can happen while you're sleeping, exercising, eating or just spacing out.
- Robinhood announced today that it'll allow users to let AI make stock trades and credit card purchases on their behalf.
Why it matters: The rise of AI agents — which can perform tasks on their own that humans would normally do — is already rippling through industries such as software, law and sales.
Zoom in: Robinhood, which has some 27 million funded customers, is launching "agentic trading" and an "agentic credit card."
- "Whether you're looking to execute a specific trading strategy, or simply buy the cheapest flight available, you can build agents to help manage your investments" while "spending safely and autonomously," the company said in a statement.
How it works: Users can bring AI agents from any platform and plug them into Robinhood via its Model Context Protocol (MCP) servers.
- They can also create a special agentic trading account, separate from the rest of their portfolio, with dedicated funds.
- Investors will receive alerts when their agents make a trade — and they can pause trading at any time.
For now, agentic trading is available only for stocks.
- "Support for options, crypto, event contracts, futures and more are coming soon as we move out of beta," Robinhood said.
The "agentic credit card," which must be tied to a Robinhood Gold Card, will come with a "specific spending limit that only you control."
- The company said it will "scan for the best prices, monitor availability and make purchases automatically based on your instructions, all while earning 3% cash back."
- It could, for example, "book the most exclusive restaurant reservation in town," buy pet food on Amazon or purchase sneakers when the price drops.
The big question: Can you lose it all with agentic trading?
- Yes. The company acknowledges it could include "the possible loss of your entire investment."
- But Robinhood says it is taking a "safety-always mindset," implementing "spending controls, limited account access and the ability to instantly disable your agents."
- Customers can preview trades if they want, and can opt to manually approve every credit card transaction.
Reality check: Trusting AI to write an email for you is one thing. Trusting it with your finances is another. Early adopters will probably have high risk tolerance.
