They’re derivatives tracked on the blockchain that follow traditional stock and ETP prices, giving you exposure to the US market.

You can place orders during the week, or queue them over the weekend for when the market opens. Turn on price alerts to stay informed and make timely decisions. Classic Stock Tokens can’t be sent to other wallets or platforms at this time.

Classic Stock Tokens are derivative contracts between you and Robinhood, which involve investment risk. Classic Stock Tokens’ value depends on the value of the underlying stock or ETP, and may fluctuate based on market conditions. The change in the value of the underlying stocks or ETPs may be significant and therefore you could incur losses - up to the full amount of your invested capital.

Since Classic Stock Tokens are derivatives, they do not grant any rights to the underlying shares or ETPs. Derivatives are complex financial instruments which involve a high level of risk and are therefore not appropriate for all investors. In addition to market volatility risk, when trading Classic Stock Tokens, investors may incur losses - up to the full amount of invested capital - due to liquidity issues (i.e., difficulty in closing a position), currency exposure, and service provider insolvency risk. Please see more information in the Description of the Services, Financial Instruments, and Risks and the Key Information Document.

They’re typically treated like other derivative investments but may vary by region. Consult a tax professional for specific guidance.

A 0.1% foreign exchange (FX) fee on each order applies when converting euros to US dollars for a buy order and when converting US dollars back to euros after a sell order. There are no other fees charged by Robinhood.

You can explore over 2,000 Classic Stock Tokens that are linked to US stocks and ETPs, including NVIDIA, Microsoft, Apple, Vanguard S&P 500, and more. Classic Stock Tokens are derivative contracts between you and Robinhood that reflect the price of individual stocks and ETPs.

Yes. You can trade Classic Stock Tokens from Monday 2 AM CET/CEST to Saturday 2 AM CET/CEST. You can also queue buy or sell orders outside of these hours and they will be placed when the market reopens. Trading during extended hours may carry additional risks such as reduced liquidity and wider spreads in the reference market.

If the underlying stock or ETP pays a dividend, Robinhood will pass on a corresponding amount to eligible holders of Classic Stock Tokens in cash. However, this is not considered dividends in the usual sense, as you do not own the underlying stocks or ETPs. This amount will be credited by Robinhood to your account and may be treated differently for tax purposes compared to direct dividend income.

It is an investment fund that holds short-term assets and aims to offer a return while preserving your capital. When you opt in, your buying power is invested in a money market fund managed by J.P. Morgan and is protected by an investor compensation scheme up to €22,000. As with all investments, your capital is at risk and returns aren't guaranteed. For full details on the fund's structure, visit our Help Center.

There is currently no end date. Your overall rate combines the fund's variable yield with a promotional boost from Robinhood. Rates can fluctuate and the promotion is subject to change, but we’ll inform you if anything changes.

Yes. Your money market balance and regular buying power are treated as a single balance. This means you can trade or withdraw your funds at any time. Robinhood provides immediate liquidity so your cash is ready when you need it.