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
Collection of government-issued identification and social security numbers is standard for financial services entities to satisfy regulatory identity verification and anti-money laundering requirements. The geolocation collection mechanism ties authorization to device-level permission systems, which establish the operational basis for location tracking.
The updated privacy policy reorganizes how Robinhood discloses its handling of financial information, now grouping GLBA-regulated disclosures by individual service entity with updated reference links rather than listing all entities in a single section. The policy also removed coverage of Robinhood Social, meaning privacy practices for that social media product are no longer described in this statement. The revised policy clarifies that it applies when you are logged into services or interact through online customer service channels, and directs users to a separate Robinhood Markets US Online Privacy Statement for information about non-financial data collection practices.
View change record →Users who provide identity verification documents and use Robinhood's mobile application operate under terms that permit the collection and retention of sensitive identifying information and location data. The geolocation collection depends on users granting device-level location permissions, which establishes the authorization mechanism for that data stream.
How other platforms handle this
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We collect information you provide directly to us, such as when you create an account, use our Services, make a purchase, or contact us for support. The types of information we may collect include your name, email address, password, phone number, credit card and other payment information, and any ot...
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Monitoring
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"Identity Data, such as your name, date of birth, marital status, social security number, selfies/photographs/videos, government-issued identification documents, and other data on government-issued identification documents; ... We may collect the approximate or precise geolocation of your mobile device in accordance with your device permissions.— Excerpt from Robinhood's Robinhood Privacy Policy
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Collection of government-issued identification and social security numbers is standard for financial services entities to satisfy regulatory identity verification and anti-money laundering requirements. The geolocation collection mechanism ties authorization to device-level permission systems, which establish the operational basis for location tracking.
Users who provide identity verification documents and use Robinhood's mobile application operate under terms that permit the collection and retention of sensitive identifying information and location data. The geolocation collection depends on users granting device-level location permissions, which establishes the authorization mechanism for that data stream.
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