Robinhood Markets is rolling out a feature that lets customers delegate investing and credit-card spending decisions to AI agents.
Users can connect tools like Anthropic's Claude or Cursor to a dedicated account where the AI can place stock trades, manage portfolios, and execute spending tasks within set limits and alerts. For credit cards, AI agents can search for deals, book travel, and secure tickets using a virtual Gold card, while users retain control through spending caps, approvals, and instant notifications.
For now, the system is limited to stock trading, with options and crypto support planned later.
“We’re giving users the ability to set parameters and let AI handle the execution,” a Robinhood spokesperson said, declining to elaborate on specific partnerships. The move aligns with a broader fintech trend toward autonomous financial assistants, but raises questions about oversight. Regulators are increasingly focused on AI in financial decisions, including model risk and consumer protection. Robinhood has previously integrated AI-driven research via its acquisition of Pluto Capital, but this marks a leap into automated execution.
Industry observers note that trust and reliability will be key. “If the AI makes a bad trade, who’s responsible?” said one analyst who asked not to be named. Robinhood says users can override or disable AI actions at any time. The feature is rolling out gradually to Gold subscribers.