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. 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). 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. 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). You reached your weekly round-up cap of $100īrokerage 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).Your spending account was restricted when the transaction completed.You didn’t have sufficient funds in your spending account to cover the round up amount when the transaction completed.Your eligible debit card transaction might not have rounded up for a number of reasons, including: Lottery tickets, casino gaming chips, or similar betting transactions.Cash-equivalent transactions, such as cash transfers, peer-to-peer transfers, traveler checks, foreign currency, money orders, wire transfers, or gift cards.Transactions that complete as less than $1.Transactions that complete as a whole dollar (for example $5).The following types of transactions aren’t eligible for round-ups: For example, if you spend a total of $3 to buy a cup of coffee, because $3 is a whole dollar amount, there isn’t any change to round up and set aside so the transaction won’t be rounded up. Transactions that complete as a whole dollar won’t be rounded up. We’ll set aside your round-ups for your eligible transactions when they’re completed and no longer pending.
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