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Can you trade forex on Robinhood?
Not spot forex. Robinhood offers currency futures (such as Euro FX and yen futures) in the US and UK, and EUR/USD perpetual futures for eligible EU customers.
Checked 7 October 2026. Products and rules change, so confirm in the Robinhood app before you rely on this.
Forex on Robinhood by country
Whether you can trade currency pairs on Robinhood where you live.
| Country | Allowed? | Details |
|---|---|---|
 Allowed in UK | ◐Currency futures only | CME futures including FX, launched for UK customers in October 2025. |
 Allowed in USA | ◐Currency futures only | Currency futures such as /6E (Euro FX) and /M6E (Micro Euro FX). No spot currency pairs. |
 Allowed in EU | ◐FX perpetual futures | Perpetual futures linked to EUR/USD and other assets for eligible customers, up to 10x leverage. |
 Allowed in Australia | ✕No forex | No currency-pair trading. |
 Allowed in Canada | ✕No forex | No currency-pair trading. |
What this means for you
Robinhood isn’t a place to trade currency pairs directly, although it offers some currency exposure as described above. To trade forex you need a broker that offers it and is regulated where you live.
What you can do on Robinhood instead
- Currency futures where offered
- Currency ETFs such as UUP or FXE (US)
- Crypto and stocks
Futures, CFDs and spot forex: what’s the difference?
- Spot forex is buying and selling currency pairs directly, the way most forex traders and forex signals work.
- Forex CFDs track currency pairs without you owning the currency. They are common in the UK, EU and Australia but banned for US retail clients.
- Currency futures are exchange-traded contracts (such as CME Euro FX) with fixed sizes and expiry dates. Prices follow the same pairs, but contract sizes and costs differ.
Choosing somewhere to trade forex
- Check the broker is regulated where you live (for example the FCA, NFA/CFTC, CySEC or ASIC).
- Compare spreads, commission and overnight swap.
- Start small, or on a demo account, and read how leverage and margin work.
FAQ
Can you trade forex on Robinhood?
Not spot forex. Robinhood offers currency futures (such as Euro FX and yen futures) in the US and UK, and EUR/USD perpetual futures for eligible EU customers.
Is forex on Robinhood available in the UK and USA?
UK: Currency futures only (CME futures including FX, launched for UK customers in October 2025.). USA: Currency futures only (Currency futures such as /6E (Euro FX) and /M6E (Micro Euro FX). No spot currency pairs.).
What can I use instead of Robinhood for forex?
A broker regulated for forex where you live. Platforms that offer forex in at least one of the UK, US, EU, Australia or Canada include Trading 212, Interactive Brokers, Charles Schwab, Plus500. Check the regulator, leverage limits and costs before opening an account.
Sources
Official Telegram channel
Trade ideas, with the reasoning attached.
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