The following are some of the most frequently asked questions and their answers about using multiple individual investing accounts with Robinhood, such as how many accounts you can open and how Robinhood Gold works with them.

Multiple individual investing accounts can each hold and trade different asset types you’re approved for, including stocks, options, and crypto, so you can separate strategies by account (e.g., long-term holdings or active trading).

For investing purposes, you can have up to 10 self-directed individual investing accounts. To open multiple accounts, you’re required to:

• Have a primary individual investing account that’s in good standing before you open additional accounts.
• Add a new investor profile for each new individual investing account that you open.

1. In the app, select Account (person icon) → Add account
2. Select Individual → Self-Directed
3. Enter a nickname for each new account

No. You can access all your Robinhood accounts, including your multiple individual investing accounts with the same login that you use now for your first or primary individual investing account. The first individual investing account is considered your primary account, and then all net new individual investing accounts are secondary or subordinate to the first account for logging in, bank and debit card linking, Gold subscription, and more.

• Account nicknames
  • When opening a secondary or multiple investing accounts, you’ll need to provide a unique name or nickname for each new account.
  • You can update your nickname at anytime in account Settings
  • New account nicknames for multiple accounts must comply with our App Use Standards.
• Investing with stocks
• Investing with options
  • You can apply for basic options trading (Level 2) across multiple accounts
  • Only 1 of your individual investing accounts can be a margin account
  • You can only apply for advanced options trading (Level 3) within the 1 dedicated margin account
• Investing with crypto
  • Trade crypto in multiple self-directed individual investing accounts, not just your primary account
  • View a separate crypto portfolio for each account, including that account’s crypto balance, holdings, orders, and history in the Crypto tab and coin detail pages
• Robinhood Legend
• Asset transfers as described in this article are supported across multiple accounts
• Stock Lending and Dividend reinvestments (DRIP)
• Recurring investments
• Gold subscription perks as described in this article

Multiple individual investing accounts are currently only available to our US customers. Some of what’s available within your primary individual investing account doesn’t apply across all of your multiple investing accounts, including the following.

• Robinhood Derivatives: Futures trading and event contracts are only available through your primary account
• Account reactivation: Currently only applies at the primary account level
• Robinhood spending: You can only have 1 spending account
• Robinhood Strategies: You can only have 1 individual, taxable account managed by Robinhood Strategies
• IPO Access: You can only access IPOs through your primary account

While you can trade crypto in multiple eligible self-directed individual investing accounts, some crypto features are only available from specific accounts:

• Crypto transfers: External transfers are only available in your primary individual investing account. To move crypto between individual investing accounts on Robinhood, you’ll need to use an internal asset transfer.
• Staking: Currently, staking is only available from your primary individual investing account. You won’t see staking options in other individual investing accounts.
• Other account types: Crypto trading and crypto internal transfers are only supported in self-directed individual investing accounts. Joint, managed, custodial, and IRA accounts don’t support trading or transferring crypto.

All funding methods are linked at your primary account profile level, not the account level. That means, once your bank account or debit card is linked to your profile, you can use it to make deposits and withdrawals across all of your individual investing accounts.

When transferring money, you can select which investing account to transfer money to or from with any of your linked sources, including:

• ACH bank account linked manually or through Plaid
• Debit card
• Instant bank transfers

For Robinhood Gold subscribers, the following perks apply to all your self-directed, taxable individual and joint investing accounts:

• 3.35% APY on your uninvested brokerage cash with the cash sweep program
• Bigger Instant Deposits
• Professional research from Morningstar
• Level II Market Data from Nasdaq

The Robinhood Gold subscription fee is charged to your primary individual investing account. We don’t currently offer the ability to choose or update which investing account the subscription is charged to.

Your Instant Deposit limit for multiple accounts will be based on your prior day portfolio value (less pending deposits) across all of your self-directed individual investing accounts with Robinhood. This limit applies across your self-directed individual accounts, so if you receive Instant Deposit access for a transfer in one account, it’ll reduce the amount of Instant Deposit access available across your other accounts. For more details about the limits, check out What are bigger Instant Deposits?

Asset transfers in or out of an individual account with the Automated Customer Account Transfer Service (ACATS) or an internal assets transfer, work the same for multiple individual accounts. You can select which account to transfer in or out of for both types of transfers. For details, check out Transferring assets.

In addition to moving cash and stocks, you may be able to move crypto between your eligible self-directed individual investing accounts.

• You can transfer crypto only between self-directed individual investing accounts that support crypto.
• Crypto can’t be internally transferred to or from joint, managed, custodial, or IRA accounts.
• When you transfer crypto between eligible accounts, your cost basis and acquisition date move with the asset. Internal transfers aren’t treated as taxable events, but any later sale in the receiving account will appear on that account’s tax forms.
• To send crypto through an external wallet or another platform, you’ll first need to internally transfer the crypto to your primary account. Keep in mind you can only receive crypto in your primary account.

Regardless of how many individual investing accounts you have open, only 1 of your individual investing accounts can be a margin account. You can have multiple cash accounts. Keep in mind, with a Gold subscription, your first $1,000 of margin borrowed is interest free on the 1 account with margin investing enabled. For more details, check out What’s margin investing?

Pattern day trading (PDT) rules and restrictions apply at the user level. If your margin investing account is flagged for PDT and you switch that account type to cash and then switch another individual investing account to margin, the PDT flag will carry over to the new margin account. Note that if you have an unmet day trade call in 1 of your individual accounts, you won’t be able to switch another individual account to margin until the call is resolved. For details about PDT, review Pattern day trading.

You can only view, trade, and transfer crypto in your primary individual investing account on web classic. To manage crypto in your other individual investing accounts, visit the app or Robinhood Legend. We’re working on making this available on web classic in the future.

Similar to how you can change your account name:

1. Select Account (person icon) → in the app, select Menu (3 bars) or on the web, skip to the next step
2. Select Settings → Account nicknames
3. Select the Edit (pencil) icon to change the applicable name

1. Select Account (person icon) → in the app, select Menu (3 bars) or on the web, skip to the next step
2. In Account No., select Show numbers

You can deactivate one or more of your multiple individual investing accounts by following the steps in Deactivate your account. Keep in mind that you won’t be able to reactivate an account after you deactivate it. You can open up to 10 accounts in total, and this limit includes deactivated accounts.

For crypto, you must resolve any crypto holdings or pending crypto internal transfers in an individual investing account before you can deactivate that account. This can mean selling your crypto, moving it to another eligible investing account, or completing any pending transfers.

If you deactivate your default crypto account and you have staked crypto there, your staked positions may be force-unstaked as part of the deactivation process. You’ll have a limited time to decide what to do with any resulting holdings (for example, sell them, transfer them to another eligible account after reactivating, or take no action).