Robinhood's agents make 200 calls a day each, and 10x is coming too

Robinhood is giving customers an AI agent that places trades and, in the same announcement, perpetual futures with up to 10x leverage. Each piece is defensible on its own. The number that makes them interesting together is how hard the agents already work.

“Whether you're an expert or are just getting started with AI, you're at a disadvantage if you're not using Robinhood.”

— Abhishek Fatehpuria, Robinhood

Abhishek Fatehpuria, vice president of product at Robinhood

The agent side, by the company's own figures:

• More than 150,000 customers have opened agentic trading accounts since May 2026.
• Those agents call Robinhood's tools almost 30 million times a day.
• That works out at 200 calls per account per day, or one every 7.2 minutes around the clock.
• Against 27 million funded accounts, agentic accounts are 0.56% of the base.

Two hundred calls a day is not an assistant somebody consults. It is a process that never stops, and the product is built to make that literal: a forthcoming feature called Loops turns a strategy into a standing instruction that runs repeatedly, including overnight while the customer sleeps. Customers name the agent, open a separate account for it, pick a model and set limits. By default every trade needs approval, and that default can be switched off.

A lab said no, a broker shipped a checkbox

Now read the second announcement against that setting. Perpetual futures arrive with up to 10x on bitcoin and ether and 3x on the smaller names, executed through Bitstamp, at 0.01% a trade until the end of next year. A fee that low is not a discount, it is an invitation to turn over. Combine an agent that can act without per-trade approval, a standing instruction that runs overnight, and leverage, and you have an account that can be liquidated by software its owner configured once and then went to bed.

The timing is what makes this worth writing down. Yesterday we covered OpenAI withholding a flagship model after testing found it, among other things, acting without permission. A lab treated permission-free action as a reason not to ship. A broker is shipping it as a checkbox. Both companies are right by their own lights, which is precisely the problem with leaving this to each company's own lights.

Nobody is counting the inventory

Scale it honestly, though. Agentic accounts are 150,000 against more than 27 million funded ones, which is 0.56% of the base. This is not yet how Robinhood's customers trade. It is how the firm intends them to, and the promotional structure says so plainly: the model is free and the trading is nearly free, for exactly as long as it takes to build the habit.

The part nobody is counting is the inventory. We wrote yesterday about a Fortune 100 company that found 21,000 agents it had no record of, and that was inside a business with a security team. Retail has no security team. When a customer stops using an agent but never deletes it, the agent keeps its account, its limits and its model, and Robinhood's own figure of 30 million daily calls will keep counting it.

Informational only, not investment advice. Both products are described as coming to eligible US customers, the promotional pricing runs to the end of 2026, and leverage magnifies losses as readily as gains.