Robinhood will let your AI agent trade stocks and make (or lose) lots of money
Robinhood is opening its trading platform to AI agents. In an announcement on Wednesday, Robinhood says traders can now create a separate account for an AI agent and add a specific amount of money, allowing the agent to buy and sell stocks across the market
The company pitches the feature as a way for traders to automate investment decisions, such as having an agent monitor specific industries and make trades, or rebalancing an existing portfolio. But it comes with a big warning from Robinhood:
Agentic trading involves significant risk, including the possible loss of your entire investment. AI-driven strategies may perform poorly under certain market conditions, move quickly, and may be difficult to monitor or stop in real time… Robinhood does not guarantee the accuracy, completeness, or suitability of any agent output, and is not responsible for losses resulting from agent-generated decisions.
Though companies like Google, Microsoft, OpenAI, and...
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