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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Robinhood does not provide investment advice. Individual investors should make their own decisions.

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All investing involves risk and a loss of principal is possible.

Robinhood U.K. Ltd (Robinhood UK) is authorised and regulated by the Financial Conduct Authority (FRN: 823590). Robinhood UK onboards UK customers and has the lead customer relationship with UK customers in relation to their use of the Robinhood UK app and website. Robinhood UK introduces UK customers to Robinhood Securities, LLC for order routing, execution, clearing, settlement, arranging custody services and margin lending to eligible UK customers with margin accounts. Robinhood Securities, LLC is regulated in the U.S. by the SEC and FINRA. Robinhood UK and Robinhood Securities, LLC are subsidiaries of Robinhood Markets, Inc.

Robinhood U.K. Ltd is a private limited company registered in England and Wales (09908051).

Robinhood does not provide investment advice. Individual investors should make their own decisions.

Commission-free trading of stocks refers to $0 commissions for Robinhood self-directed individual brokerage accounts that trade U.S. listed securities and ADRs. Keep in mind, other costs such as regulatory fees may apply to your brokerage account. Please see Robinhood UK’s Fee Schedule to learn more.

UK Privacy policy

© 2024 Robinhood. All rights reserved.