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The brokerage customer agreement linked from the disclosure library governs the terms under which users may open and maintain a Robinhood brokerage account, including eligibility requirements, account restrictions, margin account conditions, and options trading approvals.
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 the contractual framework governing account access, trading permissions, and account restriction or suspension procedures applicable to Robinhood brokerage customers.
Interpretive note: The specific brokerage customer agreement text was not present in the retrieved document; this provision is inferred from the disclosure library structure and applicable broker-dealer regulatory requirements.
Removal of account eligibility provisions from main agreement suggests relocation to subsidiary-specific agreements (RHF/RHS) or separate onboarding documentation.
View full change record →The agreement authorizes Robinhood to restrict, suspend, or close accounts and to limit trading in specific securities or account types based on the conditions stated in the brokerage customer agreement, including margin calls, regulatory requirements, or violation of acceptable use terms.
How other platforms handle this
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If we become aware that a child has provided us with personal data without parental consent, we remove such data and terminate the child's account (except where we are required to retain all or a portion of such data for compliance purposes).
Monitoring
Robinhood has changed this document before.
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(1) REGULATORY LANDSCAPE: Brokerage customer agreements must comply with SEC and FINRA requirements governing account opening, margin lending under Regulation T, options trading suitability, and account-level restrictions. FINRA Rule 4512 governs customer account information requirements. (2) GOVERNANCE EXPOSURE: Medium. Account suspension or trading restriction provisions create operational risk for active traders. The conditions under which Robinhood may restrict trading or close accounts, including during periods of market volatility, have been a subject of prior regulatory and media attention. The specific operative language in the customer agreement governs the scope of this authority. (3) JURISDICTION FLAGS: SEC and FINRA oversight applies nationally. California and New York state securities regulators may have concurrent jurisdiction over specific account-level actions. (4) CONTRACT AND VENDOR IMPLICATIONS: Institutional accounts or registered investment advisors using Robinhood's platform should confirm whether the standard retail customer agreement applies or whether a separate institutional agreement governs their relationship. (5) COMPLIANCE CONSIDERATIONS: Legal and compliance teams should review the account restriction and suspension language in the brokerage customer agreement, confirm that margin account disclosures meet Regulation T and FINRA requirements, and assess whether options trading suitability review procedures are documented.
Regulatory citations, enforcement risk, and due diligence action items.
Provision-level monitoring, governance timelines, and regulatory mapping built from archived source documents and historical version tracking.
This provision establishes the contractual framework governing account access, trading permissions, and account restriction or suspension procedures applicable to Robinhood brokerage customers.
The agreement authorizes Robinhood to restrict, suspend, or close accounts and to limit trading in specific securities or account types based on the conditions stated in the brokerage customer agreement, including margin calls, regulatory requirements, or violation of acceptable use terms.
ConductAtlas has identified this type of provision across 281 platforms. See the full comparison.
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