Risk Disclosure | Robinhood

Risk Disclosure

Spending account is offered by Robinhood Money, LLC, a licensed money transmitter. Cash balances in the spending account are not deposits and will not earn interest.

Round-ups and rewards are sent from your spending account with, and are a service of, Robinhood Money. Weekly round-ups are capped at $100 and the reward is capped at $10. You authorize the transfer of round-ups from your spending account with Robinhood Money to your Affiliate accounts. You must separately place a recurring trade order with Robinhood Financial, LLC to invest in securities, or with Robinhood Crypto, LLC to invest in cryptocurrencies through this program. For round-ups and rewards to be available to you, you need to have a brokerage account with Robinhood Financial, LLC. All brokerage products and services are provided by Robinhood Financial. Robinhood Crypto, LLC provides cryptocurrency trading pursuant to applicable state money transmission and virtual currency licenses.

With paycheck recurring investments, you authorize Robinhood Money to transfer a portion of your paycheck from your spending account with Robinhood Money to your Affiliate accounts. You must place a recurring trade order with Robinhood Financial, LLC to invest in securities or with Robinhood Crypto, LLC to invest in cryptocurrencies through this program. All brokerage products and services are provided by Robinhood Financial. Robinhood Crypto, LLC provides cryptocurrency trading.

Early access to direct deposit funds is offered through your spending account with Robinhood Money and depends on timing of the payer's submission of deposits and receipt of relevant payment information by Robinhood Money. These funds are generally credited to your spending account on the day the payment file is received which may be up to two days earlier than the scheduled payment date, however, this availability is not guaranteed.

Your brokerage account is offered through Robinhood Financial LLC, ("RHF") a registered broker dealer (member SIPC) and clearing services through Robinhood Securities, LLC, ("RHS") a registered broker dealer (member SIPC). Your cryptocurrency account is offered through Robinhood Crypto, LLC ("RHC") (NMLS ID: 1702840). Your spending account is offered through Robinhood Money, LLC ("RHY") (NMLS ID: 1990968), a licensed money transmitter. RHF, RHY, RHC and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC and RHS are not banks. Securities products offered by RHF are not FDIC insured and involve risk, including possible loss of principal. Cryptocurrencies held in RHC accounts are not covered by FDIC or SIPC protections. RHY products are not subject to SIPC coverage but funds held in the Robinhood Money spending account and Robinhood Money card account may be eligible for FDIC pass-through insurance (see Robinhood Money Spending Account Agreement and Robinhood Prepaid Card Agreement).

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Crypto markets are highly volatile, and trading or holding crypto can lead to loss of your assets. Crypto is not legal tender, and is not backed by any government or covered by any government compensation scheme.

Cryptocurrency services are offered for eligible EU customers through an account with Robinhood Europe, UAB (company number 306377915), with its registered address at Mėsinių 5, LT-01133 Vilnius, Lithuania (“RHEC”). RHEC is registered according to the regulatory requirements of the Republic of Lithuania as a virtual currency exchange and virtual currency depository wallet operator. RHEC is supervised by the Lithuanian Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. RHEC is registered under the applicable Polish law as a virtual assets service provider (VASP) in the Register of Virtual Currency Activities maintained by the Director of the Tax Administration Chamber.

© 2024 Robinhood. All rights reserved.
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Crypto markets are highly volatile, and trading or holding crypto can lead to loss of your assets. Crypto is not legal tender, and is not backed by any government or covered by any government compensation scheme.

Cryptocurrency services are offered for eligible EU customers through an account with Robinhood Europe, UAB (company number 306377915), with its registered address at Mėsinių 5, LT-01133 Vilnius, Lithuania (“RHEC”). RHEC is registered according to the regulatory requirements of the Republic of Lithuania as a virtual currency exchange and virtual currency depository wallet operator. RHEC is supervised by the Lithuanian Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. RHEC is registered under the applicable Polish law as a virtual assets service provider (VASP) in the Register of Virtual Currency Activities maintained by the Director of the Tax Administration Chamber.

© 2024 Robinhood. All rights reserved.