Robin hood financial license#

The numbers next to the bid/ask are the “ size”. amount that a seller is currently willing to sell.

The bid is the highest amount that a buyer is currently willing to pay, whereas the ask is the lowest

All rights reserved.The bid & ask refers to the price that an investor is willing to buy or sell a stock. 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).Ģ784249 © 2023 Robinhood. RHC is not a member of FINRA and accounts are not FDIC insured or protected by SIPC. Products offered by RHF are not FDIC insured and involve risk, including possible loss of principal. RHF, RHY, RHC and RHS are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Robin hood financial license#

The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard®. A list of our licenses has more information. The Robinhood spending account is offered through Robinhood Money, LLC (RHY) (NMLS ID: 1990968), a licensed money transmitter. Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Cryptocurrency services are offered through Robinhood Crypto, LLC (RHC) (NMLS ID: 1702840). Check out Robinhood Financial’s Fee Schedule for details.īrokerage 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). 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. listed securities and certain OTC securities electronically. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.Ĭommission-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. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options trading entails significant risk and is not appropriate for all customers.

Information is from sources deemed reliable on the date of publication, but Robinhood does not guarantee its accuracy. Before making decisions with legal, tax, or accounting effects, you should consult appropriate professionals. Past performance does not guarantee future results or returns. All investments involve risk, including the possible loss of capital. This information is neither individualized nor a research report, and must not serve as the basis for any investment decision. This information is not a recommendation to buy, hold, or sell an investment or financial product, or take any action. This information is educational, and is not an offer to sell or a solicitation of an offer to buy any security.