All investing
involves risk.
Brokerage services
are offered through Robinhood Financial LLC, (“RHF”) a
registered broker-dealer (member SIPC) and clearing
services through Robinhood Securities, LLC, (“RHS”) a
registered broker dealer (member SIPC). Cryptocurrency
services are offered through Robinhood Crypto, LLC (“RHC”)
(NMLS ID: 1702840). Review a list of RHC
licenses for more information.The
Robinhood Money spending account is offered through
Robinhood Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed
money transmitter. Review a list of our
licenses for more information. Credit
card products are offered by Robinhood Credit, Inc.
("RCT") (NMLS ID: 1781911 and issued by Coastal
Community Bank, Member FDIC, pursuant to a license from Visa
U.S.A. Inc.
The Robinhood Cash
Card is a prepaid card issued by Sutton Bank, Member FDIC,
pursuant to a license from Mastercard® International
Incorporated. Mastercard and the circles design are
registered trademarks of Mastercard International
Incorporated.
RHF, RHY, RHC, RCT,
and RHS are affiliated entities and wholly owned
subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC, RCT,
and RHS are not banks. Products offered by RHF are not FDIC
insured and involve risk, including possible loss of
principal. RHC isn’t a member of FINRA and accounts are not
FDIC insured or protected by SIPC.
RHY is not a member
of FINRA, and products are not subject to SIPC protection,
but funds held in the Robinhood spending account and
Robinhood Cash Card account may be eligible for FDIC
pass-through insurance (review the Robinhood
Cash Card Agreement and the Robinhood
Spending Account Agreement).
Options trading
entails significant risk and is not appropriate for all
customers. Customers must read and understand the Characteristics and Risks of
Standardized Options before engaging in
any options trading strategies. Options transactions are
often complex and may involve the potential of losing the
entire investment in a relatively short period of time.
Certain complex options strategies carry additional risk,
including the potential for losses that may exceed the
original investment amount.
Commission-free
trading of stocks, ETFs and options refers to $0 commissions
for Robinhood Financial self-directed individual cash or
margin brokerage accounts that trade U.S. listed securities
and certain OTC securities electronically. Keep in mind,
other fees such as trading (non-commission) fees, Gold
subscription fees, wire transfer fees, and paper statement
fees may apply to your brokerage account. Please see
Robinhood Financial's Fee
Schedule to learn more.