Robinhood Markets is an American financial services broker headquartered in California. Robinhood is known for pioneering commission-free trades of stocks, ETFs and cryptos via an innovative mobile app introduced in 2015. You have probably read about it on the news or the internet and wish to know if they open accounts to local investors. Unfortunately, Robinhood does not open trading accounts in New Zealand.
If you read about it on r/wallstreetbets (a subreddit where participants discuss stocks and options trading, notable for its colourful jargon, aggressive trading strategies, and for the GameStop short squeeze), and, you wish to trade meme stocks from New Zealand, you might want to try AvaTrade.
CAN I TRADE WITH ROBINHOOD IN NEW ZEALAND?
BlackBull Markets, founded in 2014 in Auckland, New Zealand, by Michael Walker and Selwyn Loekman, has established itself as a trusted and regulated ECN broker. Over the years, BlackBull Markets has served traders from more than 180 countries, offering various financial services and access to over 26,000 tradable instruments, including Forex, Energy Assets, Indices, Crypto, Equities and Metals. Definitely worth trying it.
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