Yes, you can still utilize your Robinhood account and app in the vast majority of countries when on holiday.
However, the U.S. Office of Foreign Assets Control restricts U.S. financial services in a few (currently five) sanctioned countries. So, you won’t be able to access your Robinhood account within a sanctioned country.
What can I use instead of Robinhood?
There are plenty of trading apps, but we stick with eToro, which is available in 140 countries all over the world. eToro brings an easy-to-use, intuitive interface, plus innovative trading features.
The tool includes 2000+ financial instruments such as stock, crypto suited for novices and experienced Forex and CFD traders alike, and ready-made copy portfolios and strong data protection policies. The platform is considered a safe, low-risk broker to trade Forex and CFDs.
Beginners, but not exclusively, will find the CopyTrader technology a gold gem since they can borrow the same trading techniques used by more successful traders to learn and win.
Dive into the secrets of cryptocurrency trading with this app which is available in over 140 countries all over the world.
That being said, some might be surprised Robinhood is restricted to two countries after about five years since its launch. However, financial markets in countries are closely regulated.
Robinhood Markets Inc needs to gain the required permissions to expand its trading service to other nations.
So, for now, most of the world must wait for Robinhood to expand more. Australia and Canada are two countries that Robinhood Markets Inc has hinted it might extend its trading app to in the future.
We hope that the information from this article managed to answer your questions. If you have any other curiosities, don’t hesitate to leave a comment.
This post was written by Matthew Adams and was first posted to WindowsReport