Robinhood Rolls Out App in UK, Pauses Margin Lending Plan (1)

Robinhood Markets Inc.’s commission free trading is now available throughout the UK — though the company said an effort to add margin lending to the offering is on pause.

UK customers can now access more than 6,000 US-listed stocks using the Robinhood app, the financial technology giant said in a statement. It had opened a waitlist for users to get switched on to the service late last year.

The Silicon Valley-headquartered firm is also planning to introduce margin investing to UK customers, which would allow them to borrow money from Robinhood to purchase the securities. That plan is on ...