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 clause establishes the operational authority for account access management and defines the liability framework governing such actions. It permits the entities to exercise unilateral control over service continuity while limiting their liability exposure for access-related disruptions.
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 permit the service provider to restrict or terminate account access at any time without stated cause or advance notice, during which users may be unable to access account information, balances, or positions. The terms limit the provider's liability for losses resulting from such access restrictions.
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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 Financial and Robinhood Securities reserve the right to restrict, suspend or terminate your access to the Platform or any of its features at any time, in their sole discretion, with or without cause and with or without notice. In such circumstances, you may not be permitted to access or view your account or any account balances, positions, or other information. Robinhood Financial and Robinhood Securities shall not be liable to you for any losses arising from such restriction, suspension or termination.Excerpt from Robinhood's Customer Agreement (PDF)
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This clause establishes the operational authority for account access management and defines the liability framework governing such actions. It permits the entities to exercise unilateral control over service continuity while limiting their liability exposure for access-related disruptions.
Users operate under terms that permit the service provider to restrict or terminate account access at any time without stated cause or advance notice, during which users may be unable to access account information, balances, or positions. The terms limit the provider's liability for losses resulting from such access restrictions.
ConductAtlas has identified this type of provision across 265 platforms. See the full comparison.
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