Robinhood Support (2024)

FAQs

How can I speak to a live person at Robinhood? ›

+1 (888)-993-5346 USA Customers can contact the Robinhood Customer Support team 24*7 ☎️+1 (888)-993-5346 USA through provided direct phone line +1 (888)-993-5346 USA. Other options are also present which are email or live chat which are more time consuming.

No incidents reported today. No incidents reported.

If your financial status isn't strong enough, you may be assessed as too high of a risk for making losses. That means the app will wait until you have made several trades before approving you for option trading.

Sensitive information, such as your Social Security number, are encrypted before they're stored. In addition, our app and website securely communicate with our servers using the Transport Layer Security (TLS) protocol with up-to-date configurations and ciphers.

Yes, Robinhood offers support to its users 24 hours a day. You can reach out to their customer service team at ☎+1||844|| 𝟓𝟔𝟑 ||4437 any time for assistance with your account. The support team is available around the clock to help you with any questions or issues you may have.

At Robinhood, you must already own 100 shares of the underlying stock or ETF to sell a call. In options trading, short describes selling to open, or writing an option. Selling a call obligates you to sell 100 shares of the underlying at the strike price, if assigned.

What are the disadvantages of using Robinhood? The main downside of Robinhood is that the investment selection is limited for hands-off, passive investors: The broker offers no mutual funds or index funds, which financial advisors typically suggest using as the basis of a diversified portfolio.

If your app is slow or not working as expected, try the following steps to resolve the issue: Check your WiFi signal strength. If it's weak, try turning it off and using your cellular data instead. Double-check that you're on the latest version of the Robinhood app.

Robinhood is considered safe for investors. It's a member for the Securities Investor Protection Corp. (SIPC), is regulated by the SEC, and has additional financial protection per customer up to certain amounts for cash and securities.

There are a few reasons why you may be missing the buy or sell button on a stock's Detail page: It's a foreign stock, which we don't support. For details on eligible stocks, check out Investments you can make on Robinhood. It's an over-the-counter (OTC) stock or a warrant that Robinhood doesn't support.

How much instant deposit Robinhood? ›

Our Instant Deposit feature gives you immediate access to $1,000 after you initiate a deposit.

With a Level 2 designation, you can execute options trades like: Long calls, Covered calls, and Long puts. With a Level 3 designation, you can execute all of the above trades, along with limited risk spreads like: Credit spreads, Debit spreads, Iron condors, and Iron butterflies.

Fidelity's fee structure is somewhat different, as this platform offers significantly more products and services than Robinhood. Fidelity doesn't charge trading fees or commissions on stocks and ETFs. However, unlike Robinhood, it does charge $0.65 per contract to trade most options.

Yes. Robinhood carries insurance of up to $500,000 for stocks for each user. Cash, on the other hand, is swept into U.S. bank accounts and is covered by up to $250,000 worth of F.D.I.C. insurance.

Generally speaking, Robinhood is better for investors who prioritize simplicity and a clean user experience. Webull caters to investors who want more choices and technical features, such as advanced dashboard and robo-advisory services.

There are many reasons why your Robinhood account could face restrictions, but any account restriction may result in you being unable to withdraw funds from Robinhood. You should contact Robinhood ASAP to resolve any account restrictions.

Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California.