Robinhood will let your AI agent trade stocks and make (or lose) lots of money | The Verge
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Robinhood will let your AI agent trade stocks and make (or lose) lots of money
Robinhood warns that AI-powered trading ‘involves significant risk, including the possible loss of your entire investment.’
Robinhood warns that AI-powered trading ‘involves significant risk, including the possible loss of your entire investment.’
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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.
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, Open AI, and Anthropic view AI agents as the future, the technology isn’t quite living up to the hype of serving as full-fledged personal assistants capable of completing an array of tasks without human intervention. AI agents can be useful for coding, but asking them to buy things on your behalf or fill out online forms often isn’t efficient or accurate.
Users can set up an AI agent with its own trading account and a specific amount of funds.
Robinhood says users will receive push notifications every time their AI agent makes a trade, view a real-time activity feed in its app, and pause AI trades at any time. Users can link AI agents to the platform through the model context protocol (MCP), an open standard that connects AI systems to apps and data. It’s rolling out in beta with support for equities, but Robinhood plans on expanding it to options, cryptocurrency, event contracts, futures, and more.
That’s not the only AI integration Robinhood is launching, as it will also give Robinhood Gold Card customers the ability to connect an AI-powered agent to a virtual credit card. Users will be able to choose how much money the AI agent has access to and tell it what to shop for. From there, the AI agent will search the web for deals and make purchases. As an example, Robinhood says a sneaker fan could tell an AI agent to buy a new release when its price drops below
Robinhood says users can opt in to manually approve each credit card purchase, and “when appropriate,” agents will preview trades as well.
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