Robinhood launches US IPO access for UK investors
6.6 Investments Robinhood now lets eligible UK investors request shares in select US IPOs at the offer price, commission-free. Access is via general investment accounts, but allocation is not guaranteed.
Robinhood has introduced its IPO Access service in the UK, enabling eligible retail investors to request shares in select US initial public offerings (IPOs) at the official offer price before public trading begins. The commission-free service operates through general investment accounts, with prospectuses and US SEC filings available within the app. Robinhood is partnering with an undisclosed UK public offer platform provider to facilitate this access. However, the company has not specified which IPOs will be available at launch or detailed the share allocation process if demand exceeds supply. The feature is limited to eligible offerings and does not cover every US company going public. Originally launched in the US in 2021, IPO Access has participated in over 50 IPOs. Robinhood cautions that IPO share prices can be highly volatile after listing. This move follows the company’s recent expansion of crypto trading in the UK and aims to broaden early-stage US equity access for British retail investors.
