Robinhood Now Offers 10x FX and Commodity Perpetuals in…

Robinhood has expanded its European derivatives offering to include perpetual futures on foreign exchange pairs, commodities and exchange-traded funds, allowing eligible clients to trade with up to 10 times leverage around the clock.

The new products cover gold, silver, Brent crude oil, WTI crude, EUR/USD, the Nasdaq-100 ETF QQQ and the Korea-focused ETF EWY. Until now, Robinhood’s perpetual futures platform in Europe was limited to cryptocurrencies. Trades can be executed 24 hours a day, with profit and loss settled every 15 minutes and funding payments generally every eight hours—though funding on commodity, ETF and FX contracts is suspended outside the reference market's trading hours.

Robinhood is offering the products through its Lithuanian-regulated entity, Robinhood Europe UAB, which operates under the EU’s MiFID II framework as an investment firm supervised by the Bank of Lithuania. The contracts are structured as perpetual futures traded on a multilateral trading facility, not as bilateral contracts for difference (CFDs) created by a broker acting as principal. The company says customer orders are matched on the venue and prices are based on external reference feeds rather than proprietary broker quotes.

While the user experience closely mirrors that of a traditional CFD broker—speculators take long or short positions on price movements without owning the underlying asset, using leverage and margin—the legal and structural differences remain important. Perpetual futures use periodic funding payments between long and short positions and mark-price calculations, whereas CFDs typically involve overnight financing charges and are offered directly by the broker.

Strategically, the move places Robinhood in direct competition with established European CFD platforms by offering a unified leveraged trading app that spans crypto, forex, commodities and ETFs. The expansion reflects a broader trend of convergence between traditional finance and crypto derivatives, as more platforms adapt perpetual-style contracts for mainstream assets and seek to provide continuous multi-asset leveraged trading.