Robinhood ($HOOD) said Wednesday it will allow customers to deploy artificial intelligence agents to trade stocks and make purchases through dedicated trading and credit card accounts. The company said users will be able to create separate AI-managed brokerage accounts with customizable controls as financial firms race to expand agentic AI tools into real-world transactions.
- Robinhood said AI agents will initially support equities trading, with plans to expand into options, crypto, futures and prediction markets.
- Users will be able to create separate agentic trading accounts that limit the amount of capital AI systems can access.
- Robinhood Gold cardholders can also authorize AI agents to make purchases such as concert tickets or products below specified price thresholds.
- The company said users can impose spending caps and manual approval requirements on AI-powered purchases.
- Visa launched a similar AI commerce platform earlier this year focused on automated online shopping tasks.
- Robinhood executives said the company expects early adopters to experiment with automated portfolio management, rebalancing and trading strategies.
Relevant Companies
- Robinhood ($HOOD) – Expanding AI-powered brokerage and payments capabilities for retail investors.
- Visa ($V) – Recently launched an AI commerce platform enabling autonomous digital purchasing tools.
- Charles Schwab ($SCHW) – Wealth management firms are increasingly integrating AI tools into investing platforms.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
