Robinhood Expands with New Legend Desktop Platform for Advanced Traders

The launch of Robinhood Legend marks a strategic shift to cater to sophisticated traders with enhanced tools and new trading options.

Robinhood has introduced the Legend desktop platform, designed to attract advanced traders with features like advanced charting and real-time data.
The platform's launch at the HOOD Summit 2024 aims to transition Robinhood from a mobile-first app to a comprehensive wealth management service.
Robinhood Legend will soon support futures and index options trading, expanding beyond its traditional offerings to compete with major brokerages.
The introduction of futures trading includes contracts on Bitcoin, Ethereum, and other commodities, with competitive pricing for both Gold and non-Gold members.
Robinhood's stock has seen significant growth this year, reflecting investor confidence in its strategic expansions and new product offerings.