Options investing
Our technology reduces our costs, and we pass those savings on to you:
Review the Robinhood Financial fee schedule for details.
Other fees like regulatory and exchange trading fees, Gold subscription charges, wire transfer fees, and paper statement fees may apply to your individual investing account.
Follow the prompts to confirm your investor profile and review and agree to the online Options Agreement
After completing the steps, you’ll be notified in the app what level of options trading you’re approved for, which is based in part on your investor profile. If you need to update your investor profile, follow the steps in How do I update my information?
Cash accounts do not support Level 3 options trading.
For joint accounts, both co-owners must apply and be approved for options trading.
After you complete your application, your co-owner will receive an email prompting them to do the same. Once both applications are completed and reviewed, you'll receive options access, if eligible. Your options trading level (Level 2 or Level 3) will be determined by the level both co-owners qualify for.