The Legend Awakens: Robinhood Unveils “Robinhood Legend” at HOOD Summit 2024 🎯

At its inaugural HOOD Summit 2024—a dedicated conference for active traders held in October—Robinhood officially introduced Robinhood Legend, a sleek, browser-based desktop trading platform aimed at serious market participants Kiplinger+13Robinhood Newsroom+13YouTube+13.

🚀 A Bold Move Toward Professional-Grade Trading

Originally designed as a mobile-first app, Robinhood's shift reflects a strategic push to cater to advanced retail investors. The Legend platform offers customization and power previously absent from the Robinhood ecosystem The Wall Street Journal+1TradingView+1.

🎛️ Custom Layouts & Multi-Monitor Support

Legend delivers a flexible interface that accommodates up to eight real-time charts per window, customizable widget arrangements, and syncing across multiple monitors Robinhood Newsroom+1Kiplinger+1. Users can also save layout templates for various trading scenarios—stocks, options, or in-depth market analysis Robinhood+2Kiplinger+2Seeking Alpha+2.

📈 Advanced Charting & Tools

With support for candle, line, and Heikin‑Ashi charts, plus drawing tools like Fibonacci retracements, trendlines, and technical indicators (moving averages, VWAP, Bollinger Bands, Ichimoku Cloud, and more), users can perform comprehensive technical analysis directly on Legend Robinhood Newsroom.

⚡ Sub‑Second Data & One‑Click Trading

Legend delivers real-time market data with sub-second refresh rates. Traders can link widgets for synchronized tracking—select a ticker in a watchlist and its chart updates instantly—and execute trades with one click from charts, watchlists, positions, or option chains Investopedia+2Robinhood Newsroom+2Kiplinger+2.

📅 Roll‑out & Early Demand

Robinhood began rolling out access during the summit. CEO Vlad Tenev revealed that the first 1,000 early-access slots were claimed in under a minute—just 46 seconds TradingView. The platform is available at no extra cost to all Robinhood users and complements new mobile offerings like futures and index options Kiplinger+8Robinhood Newsroom+8Investopedia+8.

Why Legend Matters

• A gateway for active traders Robinhood is moving upmarket by offering tools that rival industry-standard desktop platforms, seeking to capture more advanced users Barron's+4The Wall Street Journal+4Investopedia+4.
• An evolution of Robinhood’s brand By adding features like futures, index options, and desktop access, Robinhood demonstrates its commitment to evolving beyond a beginner-focused app InvestopediaBarron's.
• Revenue potential Engaging frequent, serious traders can boost subscription uptake (Robinhood Gold), margin use, and trading volume—all key growth levers Investopedia.

In Summary

Robinhood Legend marks a significant transformation: a free, powerful, and customizable web-based desktop platform designed for active and advanced traders. With capabilities on par with professional-grade tools, Legend expands Robinhood’s reach—and its opportunity to grow with a more sophisticated investor base.