Robinhood will launch ‘Robinhood Social’ copy trading early next year
For decades, investors who look forward to adding a new origin will talk to their wallets to their mediator or search for financial publications before separating their money with difficulty. Today, many younger investors resort to social media platforms such as YouTube or X where they can find useful advice – but often, the corridor of predators who win the suspicious assets that they may not even invest. It is a problem, but one of a robocol says he is ready to fix it.
On Tuesday, the trading giant announced a new application feature called “Robinhood Social” where users can follow prominent merchants, and if they want, they mimic their deals. This type of activity, known as “copying” or “mirror trading”, is common in Europe and other judicial states but is largely restricted in the United States, partly for organizational reasons. This has paid a more formal version of practice on social media.
Unlike other copy trading platforms, the Robinhood version – which is launched early next year – does not allow users to buy and sell automatically based on what others do, although they will be able to repeat others manually.
Although Robinhood Social aims primarily to allow users to find user -like investor societies, the platform will also show the deals of famous investors and members of congress, who have long bought and sold shares based on distinctive information (although an imminent bill may restrict this soon).
The service will display activities not only stock traders, but also for those who are trading in encryption, options and other assets. It is important, that the company will also ask that every social user of Robevol to realize his true identity, and to provide evidence that they already have governors and situations they claim. This contradicts many investment demands on social media, as people regularly publish false or forged information under the borrowed names.
According to the Vice president for the Product Management of the Company for mediation, Abhishek Fatehpuria, the plan is to create a preliminary set of 10,000 social users of Robinhood in the first quarter of next year, before offering it to all customers.
“We want to make sure that society is vibrant and healthy from the first day,” said Faboria.
Robinhood has announced the new social feature at the annual Hood summit, as it also announced the expanded AI features that include new tools for creating securities centers easily.
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2025-09-10 00:30:00
