Robinhood expands perpetual futures to gold, silver in Europe, plans UK crypto launch
Robinhood now offers perpetual futures on gold, silver, crude oil, and forex to European investors with up to 10x leverage, and plans to launch crypto trading in the UK.
Robinhood has expanded its perpetual futures offering in Europe to include commodities, ETFs, and foreign exchange, allowing eligible investors to trade gold, silver, crude oil, and the euro-dollar pair with leverage of up to 10 times and 24-hour trading. The company also announced plans to launch cryptocurrency trading in the UK, signaling further expansion into digital assets.
The move broadens Robinhood's European product suite beyond crypto-only perpetuals, which were introduced earlier. Perpetual futures, or "perps," have no expiration date and have gained traction globally. The U.S. Commodity Futures Trading Commission (CFTC) permitted their trading on domestic exchanges in May, highlighting growing institutional interest. For gold and precious metals traders, this development increases accessibility to leveraged gold and silver exposure through a regulated platform, potentially attracting retail investors who prefer round-the-clock trading. NowPrice's real-time gold quotes can help traders track spot prices alongside these new derivatives.
Looking ahead, Robinhood's UK crypto launch could further integrate digital and traditional asset trading. Traders should monitor regulatory developments in both Europe and the UK, as well as the impact of perpetual futures on gold market liquidity and volatility. The expansion may also pressure other brokers to offer similar products, potentially narrowing spreads in precious metals derivatives.