Robinhood expands perpetual futures to commodities and FX in Europe

Robinhood has broadened its perpetual futures offering in Europe to include commodities, exchange-traded funds and foreign exchange pairs, the company announced on Wednesday. The move extends the platform's derivatives product range beyond cryptocurrencies, targeting eligible European investors with leveraged trading opportunities.

Eligible European investors can now trade perpetual futures tied to gold, silver, crude oil and the euro-dollar pair, with leverage of up to 10 times and round-the-clock trading. Perpetual futures, commonly known as "perps," are futures contracts with no expiration date, allowing traders to hold positions indefinitely. This expansion comes after the U.S. Commodity Futures Trading Commission in May permitted trading of such contracts on domestic exchanges, signaling growing regulatory acceptance. For forex and commodities traders, the ability to trade perps on major pairs like EUR/USD offers a new avenue for hedging and speculation, particularly given the 24/7 trading schedule that aligns with global market hours. Traders can monitor real-time quotes on NowPrice for the latest levels in these instruments.

Separately, Robinhood said it plans to launch crypto trading in the UK, further extending its international footprint. The company's dual focus on derivatives and digital assets reflects a broader push to capture retail trading demand across asset classes. Market participants will watch for regulatory developments in both Europe and the UK, as well as the competitive response from established brokers offering similar perpetual futures products.