Robinhood and OpenAI have partnered to cover the token costs of GPT-6 Luna, one of the AI models available at launch with Robinhood Agents. During the promotion, you won't pay token costs to chat with your agent while it's set to GPT-6 Luna.

The promotion is scheduled to run through the end of the year.

Robinhood Agents lets you choose which AI model your agent uses. To use the promotion, select GPT-6 Luna as your agent's model. Token costs for chatting with your agent are covered while that model is selected and the promotion is active.

For details on choosing a model, refer to Setting up an agent.

Yes. Individual messages are subject to token limits, even while token costs are covered by the promotion. Very long or complex requests may exceed these limits. If a request exceeds the limit, you’ll see an error message in the app. You can solve this by splitting your prompt into smaller steps and sending those steps as separate messages.

No. The promotion covers token costs for chatting with your agent while it uses GPT-6 Luna. It doesn't make trading free. Regulatory fees, trading fees, and other applicable costs still apply to trades placed through your agent. More information can be found on our Trading fees on Robinhood article.

GPT-6 Luna Promotion Terms

1. Sponsor. Robinhood Labs, LLC ("Robinhood) offers the GPT-6 Luna Promotion (the "Promotion"). OpenAI does not sponsor the Promotion and is not responsible for administering it.

2. Promotion Period. The Promotion starts on September 29, 2026 and ends at 11:59 PM ET on December 31, 2026, unless it ends earlier pursuant to Section 7.

3. Eligibility. You are eligible if you have a Robinhood Agents agent connected to an agentic account in good standing and you remain in compliance with the Robinhood Agents Agreement. You don't need to enroll separately. You take part by setting your agent's model to GPT-6 Luna.

4. What's covered. While the Promotion is active and your agent is set to GPT-6 Luna, we won't charge token costs for your agent's use of GPT-6 Luna, including chat messages and automations. Token costs are assessed when a message is processed. Usage processed while a different model is selected is charged at standard rates, even if you switch to GPT-6 Luna afterward.

5. What's not covered. The Promotion doesn't cover:

• Token costs for any other model
• Agent Apps subscription fees
• Commissions, trading fees, regulatory fees, and other costs of trades your agent places
• Robinhood Gold, margin interest, or any other fees charged by Robinhood Financial or its affiliates
• Taxes

6. No cash value. The Promotion doesn't add to, credit, or refund your token balance. It has no cash value and can't be transferred, sold, or exchanged. Any existing token balance isn't drawn down for covered usage and stays subject to the Robinhood Agents Agreement.

7. Changes and early termination. We may modify, suspend, or end the Promotion at any time for any reason. Reasons may include the Promotion's funding running out, GPT-6 Luna becoming unavailable, or legal or regulatory requirements. We'll notify you in the app before token costs resume for your agent.

8. After the Promotion. When the Promotion ends, standard token pricing applies to GPT-6 Luna usage. Your agent will keep using GPT-6 Luna unless you change its model. That includes any active automations, which will incur token costs.

9. Misuse. We may disqualify you from the Promotion, or charge standard token costs, for usage we reasonably believe involves any of the following:

• fraud or abuse
• using multiple accounts or automated or scripted access to get around limits
• violating the Robinhood Agents Agreement or the model provider's usage policies

10. Other terms. The Promotion is subject to the Robinhood Agents Agreement. If these terms conflict with that agreement on anything about the Promotion, these terms control. Void where prohibited.

Robinhood Agents lets you build your own AI agent in the Robinhood app and connect it to a dedicated, self-directed Robinhood account. You choose the LLM model that runs your agent, and you set the instructions and limits that apply. Agents can research markets, analyze holdings, and place trades based on the instructions you provide.

Robinhood Agents and its supporting technology are provided by Robinhood Labs, LLC (“RHL”), a technology company. RHL is not a broker-dealer, investment adviser, futures commission merchant, or money transmitter; does not provide investment advice or recommendations; and does not hold customer funds or securities or execute transactions. Brokerage, cryptocurrency, futures and derivatives services are provided by the applicable registered Robinhood affiliates.

Agentic accounts come with trade approvals settings which you can configure to allow automated trade execution. With approvals on, your agent cannot place an order until you approve it. You can turn trade approvals off, and if you do, your agent can place orders without asking you to confirm each one. Engaging with agentic trading entails inherent risks regarding investment outcomes and third-party data policies.

You assume all risk for trades executed by AI agents and for any use of your data by third-party LLM providers. Robinhood does not control, supervise, monitor, recommend, or audit agents.

Agentic trading involves significant risk, including the possible loss of your entire investment. AI-driven strategies may perform poorly under certain market conditions, move quickly, and be difficult to monitor or stop in real time. Your agent can only trade in its dedicated agentic account and cannot trade in other Robinhood accounts. You can pause your agent's automations or disconnect it at any time. This product may not be appropriate for all investors.

AI agents can make errors, misinterpret instructions, act on incomplete or outdated information, and may behave in unexpected ways. Robinhood does not guarantee the accuracy, completeness, or suitability of any agent output and is not responsible for your agent's output or for investment losses in your agentic account. Customers are responsible for reviewing account activity, monitoring positions, and ensuring the agent is operating as intended.

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