Open a Robinhood Derivatives account, and then select Reveal reward to claim a free trade that is valued between $10 and $2,000. Certain limitations apply.

After opening a Robinhood Derivatives account, you can claim a specified dollar amount between $10 and $2,000 that’ll be shown in the app. Keep in mind that 1 in 1,000 rewards are valued at $2,000.

You can use the cash value to trade event contracts from a specified list, trade other assets offered by Robinhood, or keep the cash in your Robinhood account.

Robinhood Derivatives, LLC (“Robinhood”) Prediction Market Trade Reward Offer (“Offer”) is subject to the following terms and conditions.

Eligibility: For the purposes of this Offer, “eligible customer(s)” are defined for tax purposes as US persons who are in good standing with an active, Robinhood taxable, self-directed individual investing account who complete the process of opening a Robinhood Derivatives account during the “Promotional Period” and are approved. Promotional Period is defined as the date in which each eligible customer receives the Offer through 7 days following each eligible customer's receipt of the Offer.

Anyone who doesn’t meet the conditions stated above isn’t eligible for this Offer. Robinhood may decline requests to enroll in the Offer without notice and at its sole discretion.

Offer: For eligible customers, Robinhood will provide a certain dollar amount of rewards in the customer’s individual Robinhood taxable brokerage account that may be used on a purchase of an event contract on Robinhood.

The cash value that an eligible customer receives that can be spent on event contracts available in this program is between $10 and $2,000. Approximately 49.5% of participants will receive a cash value of $10, approximately 49.5% will receive a cash value of $20, approximately 0.9% of participants will receive a cash value of $25, and approximately 0.1% of participants will receive a cash value of $2,000. All eligible customers who fulfill the conditions of this program will receive a cash value that they may use to purchase event contracts pursuant to this program. Any fees incurred from the initial use of the Rewards will be refunded by Robinhood.

Limitations: Customers have 60 days to claim their reward through the Robinhood platform. This Offer is only available to customers who directly received the promotion. Rewards that aren’t claimed within 60 days of being awarded will expire. Note that the cash value of a reward may not be withdrawn for 30 days after the reward is claimed.

The reward is only credited to a customer’s Robinhood individual brokerage account, and a customer will not be able to claim the reward unless they have an active Robinhood individual brokerage account in good standing. Limit 1 Offer per qualified customer with a maximum of 1 individual investing account. The cash reward will be credited to the enrolled account within approximately 1 week after the reward is claimed, though this timeline may be delayed in Robinhood’s sole discretion if, for example, Robinhood determines that there is indicia of fraud or a violation of these Terms. In the event that Robinhood determines in its sole discretion that there may have been fraudulent activity or a violation of these Terms in connection with the Offer or the customer’s Robinhood Derivatives account, Robinhood reserves the right to either decline to grant the cash reward, or to rescind or liquidate the cash reward.

Robinhood cannot provide information about someone else’s account or application status. Robinhood reserves the right to change the Offer terms or terminate the Offer at any time without notice. The Offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to US residents only. Employees, contractors, or persons similarly associated with Robinhood or a Robinhood affiliate; members of their household; employees of any securities regulatory organization or exchange, employees of market makers, and registered representatives or any broker-dealer are not eligible. The Offer is only available for personal use, and may not be used for commercial purposes. The reward, when combined with the value received from all other offers in the current calendar year, may not exceed $2,000 per person, per year.

Taxes: Taxes related to this Offer are the customer’s sole responsibility. Consult with a tax advisor about the appropriate tax treatment for this Offer and any tax implications associated with receipt of a cash reward before enrolling. For taxable accounts, the value of all Robinhood offers received may be reported on applicable 1099 forms where required by rules and regulations.