Get the weekly research letter
Companies change their terms quietly. We read every version and catch what actually changed. One email a week on the changes that matter and what they mean. No account.
This analysis describes what Robinhood's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
The selection of Delaware law establishes a uniform legal standard for interpreting the agreement's terms across all users, regardless of their location. This provision creates predictability in how disputes would be resolved and which state's statutes and case law apply to questions about the agreement's meaning and enforceability.
Interpretive note: The effect of the Delaware choice of law provision may be limited in states where mandatory consumer protection statutes apply regardless of contractual choice of law.
The updated terms establish new fiduciary verification and personal liability provisions for trust and custodial accounts. Trustees are now required to complete Robinhood's identity verification and onboarding before accessing trust accounts, notify Robinhood promptly of any material changes to the trust (amendments, revocation, trustee changes), and provide the correct taxpayer identification number for the trust. The revised language states that trustees are personally liable for obligations, debts, or negative equity arising from instructions given outside the scope of their authority under the trust instrument or applicable law. Robinhood reserves the right to freeze trust accounts or request updated documentation at any time, and will rely on instructions from any onboarded trustee without requiring consent from co-trustees or verifying compliance with the trust instrument. You should consult a tax advisor regarding the appropriate taxpayer identification number for your trust and review your fiduciary authority under the applicable trust instrument before executing trades.
View change record →Users operate under the substantive law of Delaware rather than the law of their home state or the state where services are accessed. This means Delaware's statutes, regulations, and judicial precedents establish the legal framework for interpreting rights, obligations, and remedies under the agreement.
How other platforms handle this
In the EU and EEA, the choice of Texas governing law shall not apply only where a mandatory consumer protection law explicitly prohibits such choice of law provisions.
The Federal Trade Commission has jurisdiction over ZipRecruiter's compliance with the EU-U.S. DPF, the UK Extension to the EU-U.S. DPF, and the Swiss-U.S. DPF.
With respect to personal data received or transferred pursuant to the Data Privacy Frameworks, Glassdoor is subject to the regulatory enforcement powers of the U.S. Federal Trade Commission.
Monitoring
Robinhood has changed this document before.
Receive same-day alerts, structured change summaries, and monitoring for up to 20 platforms.
"This agreement and its enforcement shall be governed by the laws of the State of Delaware, without giving effect to choice of law or conflict of law rules.Excerpt from Robinhood's Customer Agreement (PDF)
Provision-level monitoring, governance timelines, and regulatory mapping built from archived source documents and historical version tracking.
The selection of Delaware law establishes a uniform legal standard for interpreting the agreement's terms across all users, regardless of their location. This provision creates predictability in how disputes would be resolved and which state's statutes and case law apply to questions about the agreement's meaning and enforceability.
Users operate under the substantive law of Delaware rather than the law of their home state or the state where services are accessed. This means Delaware's statutes, regulations, and judicial precedents establish the legal framework for interpreting rights, obligations, and remedies under the agreement.
ConductAtlas has identified this type of provision across 272 platforms. See the full comparison.
No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Robinhood.