Robinhood
Terms & Conditions
As used in these Terms & Conditions, “Robinhood” means Robinhood Markets, Inc. and its in-application
and web experiences with its family of wholly owned subsidiaries which includes, but is not limited to,
Robinhood Financial LLC (“Robinhood Financial”) Robinhood Securities LLC (“Robinhood Securities”),
Robinhood Crypto LLC (“Robinhood Crypto”) and Robinhood Money, LLC (“Robinhood Money”).
These Terms and Conditions are in addition to any other agreements between you and Robinhood
Financial, Robinhood Securities, Robinhood Crypto and/or Robinhood Money, including any customer or
account agreements and any other agreements that govern your use of software, products, goods,
services, content, tools, and information provided by such Robinhood subsidiary(ies).
GeneralThe Robinhood website and mobile application (collectively, the “Service”) may include or make available
certain content (the “Content”). Content includes, without limitation: (1) account positions, balances,transactions, confirmations, and order history; (2) general news and information, commentary, research
reports, educational material and information and data concerning the financial markets, securities andother subjects; (3) market data such as quotations for securities transactions and/or last sale information
for completed securities transactions reported in accordance with federal securities regulations; (4)financial and investment interactive tools, such as alerts or calculators; (5) tax preparation, bill payment
and account management tools; (6) company names, logos, product and service names, trade names,
trademarks and services marks (collectively, “Marks”) owned by Robinhood, and Marks owned by Third
Party Providers (defined below); and (7) any other information, content, services, or software. Certain
Content is furnished by third parties (each, a “Third-Party Provider” and collectively, the “Third-Party
Providers”). Such Content (“Third Party Content”) includes, without limitation, any information, content,
service or software made available by or through social media websites, blogs, wikis, online conferences,
telecasts, podcasts, and other forums (collectively, the “Forums”). Third Party Content may be available
through framed areas or through hyperlinks to the Third-Party Providers’ websites.
Acceptance of Terms and Conditions
By using the Service and the Content, you agree to follow and be bound by these Terms and Conditions,
including the policies referenced herein. Customers of Robinhood Financial, Robinhood Securities,
Robinhood Crypto, and Robinhood Money are granted additional levels of access to the website and theirrelationship with Robinhood is governed by additional agreements and terms of use, such as the
Customer Agreement that governs their account(s).
Disclaimer and Limitations of Liability
The Content and the Service are provided on an “as is” and “as available” basis. To the fullest
extent permitted under applicable law, Robinhood and the Third-Party Providers expressly
disclaim all warranties of any kind with respect to the Content and the Service, whether express or
implied, including, but not limited to, the implied warranties of merchantability, fitness for aparticular purpose and non-infringement. Neither Robinhood nor Third-Party Providers guarantee
the accuracy, timeliness, completeness or usefulness of any Content. You agree to use theContent and the Service only at your own risk.
Neither Robinhood nor the Third-Party Providers explicitly or implicitly endorse or approve any
Third Party Content. Third Party Content is provided for informational purposes only.
The Content is not intended to provide financial, legal, tax or investment advice orrecommendations, unless specifically identified as an individualized recommendation in writing.
You are solely responsible for determining whether any self-directed investment, investment

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strategy or related transaction is appropriate for you based on your personal investment
objectives, financial circumstances and risk tolerance. You should consult your legal or tax
professional regarding your specific situation.
ROBINHOOD AND THE THIRD-PARTY PROVIDERS WILL NOT BE LIABLE FOR ANY DIRECT,INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES, INCLUDING,
BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, REVENUE, INCOME, GOODWILL, USE,DATA OR OTHER INTANGIBLE LOSSES (EVEN IF ROBINHOOD OR ANY THIRD-PARTY PROVIDER
HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES), RESULTING FROM: (1) THE
USE OF OR THE INABILITY TO USE THE CONTENT OR THE SERVICE; (2) THE COST OF
PROCUREMENT OF SUBSTITUTE GOODS AND SERVICES RESULTING FROM ANY GOODS,DATA, INFORMATION OR SERVICES PURCHASED OR OBTAINED OR MESSAGES RECEIVED OR
TRANSACTIONS ENTERED INTO, THROUGH OR FROM THE SERVICE; (3) ACCESS TO OR
ALTERATION OF YOUR ACCOUNT, TRANSMISSIONS OR DATA DUE TO YOUR CONDUCT,INACTION OR NEGLIGENCE; OR (4) ANY OTHER MATTER RELATING TO THE CONTENT OR THE
SERVICE.
Self-Directed Accounts
Robinhood Financial provides self-directed investors with discount brokerage services and, unless clearly
identified in writing to you as an individualized recommendation, Robinhood Financial does not makerecommendations or offer investment advice of any kind. As a self-directed investor, you are solely
responsible for evaluating the merits and risks associated with the use of any Content provided throughthe Service before making any decisions based on such Content. You agree not to hold Robinhood or
any Third-Party Provider liable for any possible claim for damages arising from any self-directed decision
you make based on the Content or other information made available to you through the Service or any
Third-Party Provider websites. Past performance data should not be construed as indicative of future
results.
U.S. Residents Only
The Content and the Service are intended for United States residents only. They shall not be considereda solicitation to any person in any jurisdiction where such solicitation would be illegal.
Content
Content posted on the Service is published as of its stated date or, if no date is stated, the date of first
posting. Neither Robinhood nor the Third-Party Providers have undertaken any duty to update any suchinformation.
Robinhood does not prepare, edit, or endorse Third Party Content. Robinhood does not guarantee theaccuracy, timeliness, completeness or usefulness of Third Party Content, and is not responsible or liable
for any content, advertising, products, or other materials on or available from third party sites.
You will not hold Robinhood and/or any Third-Party Provider liable in any way for (a) any inaccuracy of,error or delay in, or omission of the Content; or (b) any loss or damage arising from or occasioned by i)any error or delay in the transmission of such Content; ii) interruption in any such Content due either toany negligent act or omission by any party to any “force majeure” (e.g., flood, extraordinary weather
conditions, earthquake or other act of God, fire, war, insurrection, riot, labor dispute, accident, action of
government, communications or power failure, equipment or software malfunction), or iii) to any othercause beyond the reasonable control of Robinhood and/or Third-Party Provider, or iv) non-performance.
Any price quotes may be delayed 20 minutes or longer, according to the rules and regulations applicable
to exchanges and Third-Party Providers. Neither Robinhood nor the Third-Party Providers make any
representations, warranties or other guarantees as to the accuracy or timeliness of any price quotes.
Neither Robinhood nor the Third-Party Providers make any representations, warranties or other2

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guarantees as to the present or future value or suitability of any sale, trade or other transaction involving
any particular security or any other investment.
Content is provided exclusively for personal and noncommercial access and use. No part of the Service
or Content may be copied, reproduced, republished, uploaded, posted, publicly displayed, encoded,translated, transmitted or distributed in any way (including “mirroring”) to any other computer, server, website or other medium for publication or distribution or for any commercial enterprise, without Robinhood’s
express prior written consent.
You acknowledge that Robinhood is the sole owner of Robinhood Marks and that other Marks are theproperty of their respective owners. You agree that you will not use any Marks for any purpose without
the prior express written consent of the respective owners.
Termination; Modification
You agree that, without notice, Robinhood may terminate these Terms and Conditions, or suspend youraccess to the Service or the Content, with or without cause at any time and effective immediately. These
Terms and Conditions will terminate immediately without notice from Robinhood if you, in Robinhood’ssole discretion, fail to comply with any provision of these Terms and Conditions. Robinhood shall not beliable to you or any third party for the termination or suspension of the Service or the Content, or any
claims related to such termination or suspension. Robinhood and/or the Third-Party Providers may
discontinue or modify the Content, or any portion thereof, at any time. You release and agree to indemnify
and hold harmless Robinhood, and the Third-Party Providers, for any loss or damages arising from orrelating to such discontinuation or modification.
Communications
By using the Service or the Content, you consent to any form of recording and retention of any
communication, information and data exchanged between you and Robinhood or its representatives oragents.
All communications made at or through the Forums are public. Reliance on any Third Party Content
available on or through the Forums is at your own risk. When discussing a particular company, stock or
security in the Forums, you agree to reveal any ownership interest in such company, stock or security.
Without limitation, you agree not to do any of the following:a. upload, post, transmit or otherwise make available any Content that is unlawful, harmful,threatening, abusive, harassing, tortuous, defamatory, vulgar, obscene, libelous, invasive ofanother's privacy (including, but not limited to, any address, email, phone number, or any othercontact information without the written consent of the owner of such information), hateful, or
racially, ethnically or otherwise objectionable;
b. harm minors in any way;c. impersonate any person or entity, including, but not limited to, (i) a Robinhood or Third-Party
Provider manager, employee, agent, or representative or (ii) forum leader, guide or host;d. falsely state or otherwise misrepresent your affiliation with any person or entity;
e. forge headers or otherwise manipulate identifiers in order to disguise the origin of any material;
f. upload, post or otherwise transmit any material that you do not have a right to transmit under any
law or under contractual or fiduciary relationships (such as inside information, proprietary andconfidential information learned or disclosed as part of employment relationships or under
nondisclosure agreements);
g. upload, post or otherwise transmit any material that infringes any patent, trademark, trade secret,copyright, rights of privacy or publicity, or other proprietary rights of any party;
h. upload, post, or transmit unsolicited commercial email or “SPAM,” including, but not limited to,unethical marketing, advertising, or any other practice that is in any way connected with SPAM,
such as: (1) sending mass email to recipients who haven't requested email from you or with a320221110-2528096-8150424

fake return address; (2) promoting a site with inappropriate links, titles, or descriptions; or (3)promoting any site by posting multiple submissions in forums that are identical;
i. upload, post or otherwise transmit any material that contains software viruses or any othercomputer code, files or programs designed to interrupt, destroy or limit the functionality of any
computer software or hardware or telecommunications equipment;
j. interfere with or disrupt the Service or servers or networks connected to the Service, or disobey
any requirements, procedures, policies or regulations of networks connected to the Service;k. intentionally or unintentionally violate any applicable local, state, national or international law,
including, but not limited to, regulations promulgated by the U.S. Securities and Exchange
Commission, any rules of any national or other securities exchange, and any regulations having
the force of law;l. “stalk” or otherwise harass another;m. collect or store personal data about other users of the Service;n. promote or provide instructional information about illegal activities, promote physical harm or
injury against any group or individual, or promote any act of cruelty;o. promote, offer for sale or sell any security or item, good or service that i) violates any applicable
federal, state, or local law or regulation, ii) you do not have full power and authority under all
relevant laws and regulations to offer and sell, including all necessary licenses andauthorizations, or iii) Robinhood or the Third-Party Providers determine, in their sole discretion, is
inappropriate for sale;p. use the Forums as a forwarding service to another website; orq. access or otherwise use the Forums in any unlawful manner, for any unlawful purpose or in
violation of these Terms and Conditions.
External Links
Robinhood and/or the Third-Party Providers may provide links to other websites or resources. Because
neither Robinhood or the Third-Party Providers have any control over such sites and resources, you
acknowledge and agree that neither Robinhood nor the Third-Party Providers are responsible for theavailability of such external sites or resources. Robinhood and the Third-Party Providers do not endorse
and are not liable for any content, advertising, products, or other materials on or available through suchsites or resources. You further acknowledge and agree that neither Robinhood nor the Third-Party
Providers shall be responsible or liable, directly or indirectly, for any damage or loss caused or alleged tobe caused by or in connection with use of or reliance on any such content, goods or services available onor through any such site or resource.
Applicable Policies
In addition to these Terms and Conditions, your access to and use of the Content and the Service issubject to Robinhood’s then-current policies relating to the Content and the Service, including, without
limitation, the Robinhood Privacy Policy available on the Service. You agree to be bound by thesepolicies and all other Robinhood policies applicable to the access and use of the Content and the Service.
By using the Service, you are consenting to have your personal data transferred to and processed byRobinhood and its affiliates. As part of providing you the Service, Robinhood may need to provide youwith certain communications, such as service announcements and administrative messages. These
communications are considered part of the Service, which you may not be able to opt-out from receiving.
Indemnification
You will indemnify and hold harmless Robinhood and the Third-Party Providers, and the officers,
directors, agents, partners, employees, licensors, distributors, and representatives of Robinhood and theThird-Party Providers, from and against any and all claims, demands, actions, causes of action, suits,
proceedings, losses, damages, costs, and expenses, including reasonable attorneys' fees, arising from orrelating to your access and/or use of, or interaction with the Content (including, without limitation, Third
Party Content), or any act, error, or omission of your use of your account or any user of your account, in

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connection therewith, including, but not limited to, matters relating to incorrect, incomplete, or misleading
information; libel; invasion of privacy; infringement of a copyright, trade name, trademark, service mark, orother intellectual property; any defective product or any injury or damage to person or property caused byany products sold or otherwise distributed through or in connection with the Service; or violation of any
applicable law.
Revisions
Robinhood may at any time revise these Terms and Conditions by updating this document. You agree tobe bound by subsequent revisions and agree to review these Terms and Conditions periodically forchanges. The most updated version of this document will be available for your review under the“Robinhood Terms and Conditions” link that appears on the Robinhood website and mobile application.
Applicable Law and Venue; Severability
You agree that these Terms and Conditions shall be governed by and interpreted in accordance with thelaws of the State of California, without giving effect to principles of conflicts of law. Any legal action orproceeding arising under these Terms and Conditions will be brought exclusively in courts located in
Santa Clara County, California, and you hereby irrevocably consent to the personal jurisdiction and venue
therein. If any provision of these Terms and Conditions is deemed unlawful, void or for any reason
unenforceable, then that provision will be deemed severable from these Terms and Conditions and will
not affect the validity and enforceability of the remaining provisions.

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