After inviting 5 US friends who are new to Robinhood, use your unique referral link, open a Robinhood Derivatives account, complete the Prediction Markets Learning Experience, and meet the eligibility criteria, they’ll earn a Prediction Markets sign‑up reward, and you can earn commission-free soccer trades during the World Cup. Certain limitations apply.

Note your friends can also claim the standard stock reward after they link their bank or debit card. Rewards and availability are shown in‑app and may vary. By participating, you agree to the applicable promotional terms and conditions.

To check if you’re eligible for this promotion:

1. Open this link on your mobile device.
2. If the Prediction Markets referral offers promotional screen shows, then you’re eligible.

Keep in mind the following eligibility requirements:

• US only: You and your invited friends must be US residents.
• Eligible Referrers only: To earn a reward, you must have a Robinhood brokerage account in good standing, have an active Robinhood Derivatives account, and have placed at least 1 prediction markets trade.

1. In your account, search for and select Prediction markets
2. Select Earn reward or Rewards
3. Select Invite contacts or Share link to invite your friends

The Prediction Markets sign‑up reward value and details are displayed in‑app on the promotional screen and may vary by customer and time.

Rewards, if earned, will generally be made available to claim within a reasonable time after a Successful Referral is completed. Backwards-looking commission refunds will be made available in participating users’ accounts within 7 days after the end of the Promotional Period. Rewards may be delayed for verification, compliance reviews, operational reasons, or suspected fraud.

When your reward is ready, we’ll send you a notification prompting you to claim it. If you miss the notification: In the app or on the web, go to Rewards to find and claim your reward. If you don’t claim it by the expiration date shown in‑app, the reward will expire.

These Terms and Conditions (“Terms”) govern the Prediction Markets Referral Incentive offered by Robinhood Derivatives, LLC (“RHD” or “Robinhood”). By participating, you agree to these Terms (as amended from time to time), the Robinhood Customer Agreement, Robinhood Derivatives Client Agreement, and any applicable disclosures.

Definitions

• Invitee means an individual who receives the Referrer’s unique referral link and who is eligible to open an RHD account.
• Net-new RHD Account means an RHD Account that the Invitee has not previously opened, held, or had approved, as determined by Robinhood in its sole discretion.
• Offer means the specific terms and conditions described in the “Offer” section, below.
• Prediction Markets Learning Experience means the in-app educational module(s) designated by Robinhood for this Offer, completed when the Invitee finishes all required steps and receives an in-app completion confirmation.
• Promotional Period means June 8, 2026, at 9:30 AM ET through July 19, 2026, at 11:59 PM ET.
• Referrer means a Robinhood customer who meets the eligibility requirements described above and shares their unique referral link for this Offer.
• RHD Account means an active Robinhood Derivatives, LLC account that is approved for trading event contracts (and any other eligibility Robinhood requires).
• Successful Referral means an Invitee who, during the Promotional Period, (a) uses the Referrer’s unique referral link, (b) opens a Net-new RHD Account, and (c) completes the Prediction Markets Learning Experience.

Offer

• For each Successful Referral (as defined above), the Referrer and the Invitee will receive a cash value that they may use to purchase event contracts pursuant to this program. Reward amounts, forms, and availability may vary and are disclosed in‑app. Rewards will be deposited into the Referrer and Invitee’s Robinhood Financial LLC brokerage account.
• You can receive rewards for up to 10 Successful Referrals. After you have successfully referred 10 friends, you cannot receive additional Referrer rewards for this Offer (your friends can still earn their sign‑up rewards).
• After 5 Successful Referrals during the Promotional Period, eligible Referrers will get $0 commission trading on all World Cup prediction markets. Refunds will be issued for commissions paid during the Promotional Period prior to Referrers unlocking this trading reward. To qualify for commission-free trading, you must hit your fifth Successful Referral during the Promotional Period.
• Invitees can also claim the stock reward after they link their bank or debit card.
• Invitees may also be eligible to claim a separate stock reward upon linking their bank or debit card under the Robinhood Financial referral program, subject to that program’s terms.

Limitations

• Referrer rewards are limited to a maximum of 10 Successful Referrals per Referrer under this Offer.
• Each Invitee can only earn 1 sign‑up reward. (The Referrer reaching their limit will not affect the Invitee’s eligibility to claim their reward.)
• Rewards must be claimed within the timeframe shown in‑app; unclaimed rewards will expire after the displayed expiration date.
• Separate conditions apply to the stock reward they may claim after linking their bank or debit card under the general referral program.
• Robinhood may delay, decline, or rescind rewards, or restrict participation, in its sole discretion (for example, in cases of suspected fraud, ineligibility, violation of these Terms or other agreements, misuse of brand assets, or other improper conduct).
• Rewards are non‑transferable, not for sale, and not valid with certain other offers. This Offer is intended for personal use, not commercial distribution.
• You represent that you have the necessary consent from your Invitee to send them any text or email relating to this Offer. By participating, you agree not to text your referral link to any contacts in Washington state without consent.

Program changes

Robinhood may modify, suspend, or terminate the Offer at any time without notice. The in‑app promotional screen and these Terms (as updated) govern.

Taxes

Taxes related to this Offer are your responsibility. Where required, the value of rewards may be reported on applicable 1099 forms. Consult a tax advisor.

Disclosures

Brokerage services are offered by Robinhood Financial LLC (member SIPC). Clearing services are through Robinhood Securities, LLC (member SIPC). Futures and event contracts trading is offered by Robinhood Derivatives, LLC (RHD), a registered futures commission merchant with the CFTC and NFA Member; such products are not FDIC insured or SIPC protected.

Participation in promotions is subject to our Customer Agreement, Robinhood Derivatives Client Agreement, and the applicable program terms and limitations.