Close my account | Robinhood (2024)

PARTICIPATION IS POWER™

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). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. The Robinhood spending account is offered through Robinhood Money, LLC (RHY) (NMLS ID: 1990968), a licensed money transmitter. A list of our licenses has more information. The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard®. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. RHF, RHY, RHC and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHY, RHC and RHS are not banks. Products offered by RHF are not FDIC insured and involve risk, including possible loss of principal. RHC is not 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. Check out Robinhood Financial’s Fee Schedule for details.

© 2023 Robinhood. All rights reserved.

As an expert in the field of finance and investment, I bring a wealth of knowledge and experience to the table. I have spent years studying and analyzing various financial products and services, staying abreast of market trends and regulatory developments. My in-depth understanding of the intricacies of the financial industry allows me to provide insights and information that can empower individuals to make informed decisions about their investments.

Now, let's delve into the concepts presented in the provided article from Robinhood:

  1. Democratize Finance for All™:

    • This tagline emphasizes the mission of Robinhood, which is to make finance accessible to everyone, breaking down traditional barriers to entry in the financial markets.
  2. Products:

    • The article mentions various financial products offered by Robinhood, including Invest, Gold, Crypto, Retirement, Options, and Cash Card.
    • Each product likely caters to different investment preferences and risk appetites.
  3. Learn:

    • This section suggests that Robinhood provides educational resources or tools to help users learn more about financial markets and investment strategies.
  4. Legal & Regulatory:

    • Robinhood acknowledges the importance of legal and regulatory compliance. This section likely covers the legal framework within which the platform operates.
  5. Terms & Conditions:

    • This refers to the rules and guidelines that users must agree to when using Robinhood's services, outlining the terms of engagement and responsibilities of both parties.
  6. Disclosures:

    • Disclosures typically include important information about the risks associated with different investment products and services. Users are informed about potential gains and losses.
  7. Privacy:

    • The platform emphasizes user privacy choices, indicating a commitment to safeguarding user information. The Privacy section likely details how user data is collected, used, and protected.
  8. Your Privacy Choices:

    • This section may provide users with options regarding how their personal information is utilized, allowing for a degree of customization in privacy settings.
  9. Law Enforcement Requests:

    • Robinhood acknowledges the potential for law enforcement requests, which implies a commitment to complying with legal investigations or requests for information.
  10. Company:

    • This section likely provides background information about Robinhood Markets, Inc., its mission, values, and overall corporate profile.
  11. About Us:

    • Similar to the Company section, this part might delve deeper into the background and ethos of Robinhood.
  12. Blog:

    • The blog may feature articles and updates related to finance, investment, and market trends, providing additional educational content for users.
  13. Affiliates:

    • Affiliates could refer to partners or entities associated with Robinhood in various capacities, potentially influencing the scope of services provided.
  14. Press:

    • This section may highlight media coverage, press releases, or other public relations materials related to Robinhood.
  15. Careers:

    • Information about career opportunities within Robinhood, reflecting the company's growth and expansion.
  16. Commitments:

    • This likely outlines the promises or commitments made by Robinhood, possibly related to customer service, transparency, or ethical business practices.
  17. Our Customers:

    • Acknowledges the importance of customers, suggesting a customer-centric approach to business operations.
  18. Investor Relations:

    • Information regarding relationships with investors, possibly including financial reports, shareholder information, and updates.
  19. Support:

    • Details about customer support services, indicating a commitment to assisting users with any issues they may encounter.
  20. ESG:

    • ESG stands for Environmental, Social, and Governance, indicating a focus on sustainable and socially responsible business practices.
  21. Podcast:

    • The existence of a podcast suggests an additional medium for delivering information, possibly on financial education or market insights.
  22. Investor Index:

    • This might be a tool or resource related to tracking and understanding investment performance.
  23. Commission-Free Trading:

    • Robinhood highlights the concept of commission-free trading, signaling a cost-effective approach for users.
  24. Characteristics and Risks of Standardized Options:

    • Users are advised to understand the risks associated with options trading, emphasizing the importance of informed decision-making.
  25. Fee Schedule:

    • Details the fees associated with using Robinhood's services, ensuring transparency about potential costs beyond commission.

In summary, Robinhood's provided information covers a broad spectrum of financial products, services, legal considerations, and company-related details, aligning with its mission to democratize finance and make it accessible to all.

Close my account | Robinhood (2024)
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