Robinhood Lets AI Agents Trade Without Customer Sign-Off

Robinhood is introducing AI-powered trading agents that customers can authorize by default, with the option to let the agents act unilaterally. The new feature, known as Robinhood Agents, will debut soon for eligible U.S. customers through the Robinhood app, eliminating the need for external setup, unlike the previous Agentic Trading version.

Nearly 100,000 customers opened agentic accounts by late July, with assets exceeding $100 million, surpassing 150,000 customers by late September. Agents utilize Robinhood's tools nearly 30 million times daily, according to unaudited figures disclosed at the HOOD Summit in Houston on September 29. Users can choose from AI models such as OpenAI's GPT-6 Luna (free until the end of the year), GPT-6 Sol, or Anthropic's Opus 4.8, with other models incurring standard token rates.

Luna, the free model, enables agents to operate solely from their respective accounts, preventing crypto trade approvals in specific states. An upcoming feature called Loops automates strategies into ongoing instructions that execute automatically based on predefined conditions, leveraging data from 11 third-party providers. Customers bear the full risk of agent trades, with no supervision or monitoring by Robinhood.

The shift to mainstream AI use has seen a significant increase in users, with 62% of Gen Z consumers willing to test AI for "what if" financial scenarios.