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 specification of these data categories establishes the baseline information Robinhood requires for identity verification, regulatory compliance, and account linking functions. Identifying these sensitive data types in the privacy policy indicates the operational scope of data collection and informs downstream privacy commitments regarding how such information is stored, secured, and used.
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 →By using Robinhood's investment platform, users authorize the collection of government identification numbers and financial account information necessary to establish and maintain brokerage accounts. The terms require disclosure of these sensitive data elements as a condition of account activation and trading functionality.
How other platforms handle this
"By clicking 'Next', you are indicating that you have read and agree to the TERMS OF USE AND PRIVACY POLICY"
We automatically collect certain information from your device, including information about your web browser, IP address, time zone, and some of the cookies that are installed on your device. Additionally, as you browse the Service, we collect information about the individual web pages or products th...
Location data. Data about your device's location, which can be either precise or imprecise. For example, we collect location data using Global Navigation Satellite System (GNSS) (e.g., GPS) and data about nearby cell towers and Wi-Fi hotspots. Location can also be inferred from a device's IP address...
Monitoring
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"Government-issued identification numbers, such as your Social Security number, driver's license number, passport number, or other government-issued ID number, as well as financial account information including bank account numbers, investment account numbers, and related financial data.— Excerpt from Robinhood's Robinhood Privacy Policy
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The specification of these data categories establishes the baseline information Robinhood requires for identity verification, regulatory compliance, and account linking functions. Identifying these sensitive data types in the privacy policy indicates the operational scope of data collection and informs downstream privacy commitments regarding how such information is stored, secured, and used.
By using Robinhood's investment platform, users authorize the collection of government identification numbers and financial account information necessary to establish and maintain brokerage accounts. The terms require disclosure of these sensitive data elements as a condition of account activation and trading functionality.
No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Robinhood.