Trading in share market is not easy, even people who have been trading for years have to suffer losses many times. But are you ready to hand over this headache to a robot or AI? America’s famous trading platform Robinhood has played a big bet, this platform has included the new Agentic Trading feature. At present there is no such facility on any app in India.
This simply means that now you will be able to buy and sell shares through AI agents. Robinhood says that any third-party AI agent can be used to trade on the platform, from popular AI tools like Claude to ChatGPT. Whether you trust AI to invest money in the stock market or not, it depends on you.
Separate account will have to be opened for AI trading
If you decide to use AI to trade on Robinhood, you will first need to open a dedicated agent trading account. The platform says that this will be separate from your primary account. AI agents Claude, ChatGPT and other similar AI tools can connect to this agent account to buy or sell equities on your behalf.
Recognizing the risks of AI taking over your finances, Robinhood has put some safeguards in place. Users will be able to stop autonomous trading at any time and, when asked, will be able to preview trades made by their agents. The platform says that when an AI agent takes any action, you will also get a real-time activity feed and push notification and a 1 tap disconnect option will be provided so that the agent’s access will be immediately cut off.
At launch, agentic trading is limited to equities only. However, the company hopes that later this feature will be extended to options, cryptocurrencies, event contracts, futures, derivatives and prediction markets.
AI connects with credit cards
Robinhood has also launched an agent credit card feature for Robinhood Gold Card holders. The platform says that the AI agent can access your credit card and make purchases within your specified limit. You will be able to turn on manual approval before making any purchases with your card.
The company warned
Despite the security measures, Robinhood says users remain responsible for the work of its AI agents. The company also warned that AI-driven strategies may perform poorly in some market conditions, may move rapidly and may be difficult to monitor or stop in real time.
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