1.3M+
$267M+
$2.25M
Robinhood Gold users enjoy lower costs, higher earning rates, and a whole new level of investing access.
Total cash sweep earnings by Robinhood Gold users from September 2022 to August 2023.
Uninvested cash is FDIC-insured up to $2.25 million dollars at partner banks.
Instant deposits
up to $50K
Professional
market data
Margin rates
starting at 8%
You can act on golden opportunities and react to the market faster with instant access to up to $50,000 per day.
Track prices with Nasdaq Level 2 market data. Get research from Morningstar’s analysts (usually $249/year).
Borrow money to increase your buying power, if eligible. Margin rates start at 12% without Gold.
Robinhood Financial LLC (member SIPC), is a registered broker dealer. Robinhood Securities, LLC (member SIPC), is a registered broker dealer and provides brokerage clearing services. Securities trading is offered to self-directed customers by Robinhood Financial. Robinhood Financial is a member of the Financial Industry Regulatory Authority (FINRA).
All are subsidiaries of Robinhood Markets, Inc. (‘Robinhood’). © 2024 Robinhood Markets, Inc. RO3335819
Terms and Disclosures
All investments involve risk and loss of principal is possible.
The brokerage cash sweep program is an added feature to your Robinhood Financial LLC brokerage account. Robinhood Gold is offered through Robinhood Financial LLC. Robinhood Gold is a subscription offering premium services available for a fee.
Interest is earned on uninvested cash swept from your brokerage account to partner banks. Partner banks pay interest on your swept cash, minus any fees paid to Robinhood. As of November 15, 2023, the Annual Percentage Yield (APY) that you will receive is 1.5%, or 5% for Gold customers. The APY might change at any time at the partner banks' or Robinhood’s discretion. Additionally, any fees Robinhood receives may vary and are subject to change. Neither Robinhood Financial LLC nor any of its affiliates are banks.
*With the brokerage cash sweep program, the uninvested cash in your brokerage account (cash intended for investing but that you have not yet invested or spent) is swept to partner banks (there are currently 12 banks in the program), where it becomes eligible for FDIC insurance up to $2.25 million or $250,000 per partner bank, inclusive of any other deposits you may already hold at the bank in the same ownership capacity which may impact how much is covered. Robinhood is not responsible for monitoring the amount of your deposits in any partner bank, whether these deposits are made through the brokerage cash sweep program or otherwise, to determine whether the amount on deposit exceeds the limit of available FDIC insurance. Please note that until funds are swept to a partner bank, they are held in your brokerage account which is protected by SIPC. Once funds are swept to a partner bank, they are no longer held in your brokerage account and are not protected by SIPC. However, these funds are eligible for FDIC insurance through the Partner Banks subject to FDIC insurance coverage limits. Please see the IND Sweep Agreement for more information on how the sweep program works and how we treat your uninvested cash balance.
Member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org.
Robinhood Financial LLC (member SIPC) is a registered broker dealer. Robinhood Securities, LLC (member SIPC) is a registered broker dealer and provides brokerage clearing services.
© 2024 Robinhood Markets, Inc. Robinhood® RO3335819
Terms and Disclosures
Bigger instant deposits are only available if your instant deposit status is in good standing. For margin enabled customers, to earn interest through the cash sweep program, a cash balance is needed. If you have a margin balance, there is no cash balance to earn interest. Margin borrowing increases your level of market risk, as a result it has the potential to magnify both your gains and losses. Before using margin, customers must determine whether this type of strategy is right for them given their investment objectives and risk tolerance. Regardless of the underlying value of the securities you purchased, you must repay your margin loan. Robinhood Financial can change their maintenance margin requirements at any time without prior notice. If the equity in your account falls below the minimum maintenance requirements (varies according to the security), you'll have to deposit additional cash or acceptable collateral. If you fail to meet your minimums, Robinhood Financial may be forced to sell some or all of your securities, with or without your prior approval. For more information please see Robinhood Financial's Margin Disclosure Statement, Margin Agreement and FINRA Investor Information.