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
This provision establishes Robinhood's operational authority to unilaterally control account access and establishes the scope of the entity's liability exposure for account actions. The provision's specification of no prior notice requirement and no liability for resultant losses defines the procedural framework under which account management decisions operate.
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 terms that authorize Robinhood to discontinue account access without advance notice for multiple specified and unspecified reasons, while users retain responsibility for pre-termination obligations. The liability cap provision restricts the entity's financial responsibility for losses resulting from account suspension or termination actions.
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Use another user's account or share your account with another person;
You are responsible for maintaining the secrecy of your unique password and account information at all times.
If you do not have a social security number you may still be eligible to open a limited Revolut personal account.
"Robinhood may, at its sole discretion and without prior notice to you, suspend, restrict, or terminate your account or your access to any Robinhood service, product, or platform at any time and for any reason, including but not limited to your violation of this Agreement, suspicious activity, or regulatory requirements. Upon termination, you remain responsible for all obligations incurred prior to termination. Robinhood shall not be liable to you for any losses arising from any such suspension, restriction, or termination.Excerpt from Robinhood's Customer Agreement (PDF)
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This provision establishes Robinhood's operational authority to unilaterally control account access and establishes the scope of the entity's liability exposure for account actions. The provision's specification of no prior notice requirement and no liability for resultant losses defines the procedural framework under which account management decisions operate.
Users operate under terms that authorize Robinhood to discontinue account access without advance notice for multiple specified and unspecified reasons, while users retain responsibility for pre-termination obligations. The liability cap provision restricts the entity's financial responsibility for losses resulting from account suspension or termination actions.
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