Robinhood launches AI trading and credit card beta

Robinhood announced Wednesday that it will allow customers to deploy AI agents to trade stocks and make purchases using a credit card on its platform. The company is launching two new products: Agentic Trading and an Agentic Credit Card, designed to let autonomous digital assistants execute financial tasks on behalf of users.

AI agents are software programs that can autonomously plan and make decisions, going beyond simple chatbot responses. Users can create a dedicated trading account separate from their primary portfolio, linking AI agents to a dedicated wallet with a preloaded balance. These agents can analyze portfolios, develop trading strategies, and execute trades, but can only access the funds in that isolated wallet. For spending, users can connect AI agents to a new virtual credit card, enabling automatic purchases like securing concert tickets or buying products when prices drop below a set threshold.

The feature is launching in beta and currently only supports stock trading. Robinhood said it expects to expand the service to derivatives, crypto, and prediction markets in the future. The virtual credit card is initially available only to Robinhood Gold Card holders,...