We keep your Robinhood account safe in a number of different ways.

Robinhood Singapore Pte. Ltd. (“RHSG") engages Robinhood Securities, LLC (“RHS”) as its contracted service provider for order routing, execution, clearing, and settlement of transactions placed by RHSG customers.

RHS is regulated in the U.S. by the SEC and FINRA. RHSG and RHS are subsidiaries of Robinhood Markets, Inc.

RHS is a member of SIPC. SIPC protection applies to securities held by RHS on behalf of RHSG customers, subject to applicable limits. Uninvested cash held by RHSG in Singapore is not covered by SIPC.

We’ve purchased an additional insurance policy for accounts held by RHS to supplement SIPC protection. The additional insurance becomes available to customers in the event that SIPC limits are exhausted. This additional insurance policy provides protection for securities up to an aggregate of $1 billion, and is limited to a combined return to any customer of $50 million in securities. Similar to SIPC protection, this additional insurance doesn’t protect against a loss in the market value of securities.

Our security team uses a number of industry-standard measures to protect your account and ensure your experience with us is safe and secure. We understand that you place a lot of trust in our services, and we're constantly working to ensure Robinhood is one of the safest places for you to build your financial future.

When we store your account passwords, we hash them using the industry-standard BCrypt hashing algorithm and never store them in plain text, which means they're stored in a scrambled format that makes them difficult and time-intensive for attackers to crack.

Sensitive information, such as your National Registration Identity Card (NRIC) or passport number, are encrypted before they’re stored. In addition, our app and website securely communicate with our servers using the Transport Layer Security (TLS) protocol with up-to-date configurations and ciphers. TLS helps ensure that anything you send to our servers remains private—including your personal and account information such as your password, bank account, and more.

Once we verify your banking credentials, we’ll never access them again. We use trusted third-party integrations to access information about your bank account, such as your account number and available balance.