Wondering if you can trade forex on Robinhood?

Wondering if you can trade forex on Robinhood? Short answer: no—Robinhood does not support spot foreign exchange (FX) trading or currency pairs. The platform focuses on U.S. stocks, ETFs, options, and select cryptocurrencies. That means you can’t place trades like EUR/USD or GBP/JPY inside Robinhood.

If your goal is currency exposure, you still have a few paths within Robinhood: certain U.S.-listed ETFs track individual currencies or baskets, and some multinational or ADR stocks can provide indirect exposure to foreign economies. Keep in mind, these are not the same as trading forex, and they come with different risks, fees, and tax considerations.

To trade forex directly, you’ll need a specialized, CFTC- and NFA-regulated forex broker that offers margin and 24-hour market access. Before you proceed, understand leverage, spreads, overnight financing, and the high risk of loss in FX markets.

Below, we answer common questions, share alternatives, and help you decide whether currency exposure via ETFs or opening a dedicated forex account is the better fit for your goals.

<p class="branded-footer">Discover advanced forex robots and trading tools at FxRobotEasy.</p>