Robinhood

Broker or investment firm · Menlo Park, United States

Robinhood Markets is a Nasdaq-listed retail brokerage group, not a bank, built around a commission-free trading app for individuals. Its US broker-dealer subsidiaries, Robinhood Financial LLC and Robinhood Securities LLC, are FINRA members covered by SIPC, while Robinhood Money LLC is a non-bank state-licensed money transmitter that offers a spending account and cash card through partner banks. The company has expanded to the UK (FCA-regulated Robinhood UK Ltd) and the EU (Lithuania-licensed Robinhood Europe UAB, which also holds a MiCA crypto licence and sells tokenised US stocks). Robinhood does not open accounts for businesses, LLCs or other companies of any kind; every product is aimed at individual retail customers.

Legal name: Robinhood Markets, Inc.
Regulated by: US Securities and Exchange Commission, FINRA (Robinhood Financial LLC and Robinhood Securities LLC), UK Financial Conduct Authority (Robinhood UK Ltd), Bank of Lithuania (Robinhood Europe UAB), US state money transmitter regulators (Robinhood Money LLC), FinCEN (Robinhood Crypto)
Licence confirmed: yes, on a regulator's own list
Established: 2013
Website: robinhood.com

Scores, 0 to 10

6.5Financial strength & stability

Publicly listed with FY2025 revenue of USD 4.5 billion and net income of USD 1.9 billion, but it is not a bank and carries no credit rating from a major agency. · source

6.0Lowest fees

Commission-free trading of stocks, options, ETFs and crypto with no account minimum for individuals, but there is no business account to price at all. · source

6.0Customer satisfaction

Trustpilot rates robinhood.com 3.9 out of 5 from 12,348 reviews, with complaints concentrated on account restrictions and login issues. · source

5.0Stablecoins (USDC, USDT and others)

Robinhood is a founding partner of the Global Dollar Network behind Paxos-issued USDG (November 2024) and since July 2026 lets eligible US individuals lend USDG through Robinhood Earn at an estimated 7 percent; it offers no stablecoin accounts or payouts to businesses. · source

4.5Crypto wallet and custody for a business

Robinhood Crypto holds crypto under an NYDFS virtual currency licence, and Robinhood Europe under a MiCA licence, but only for individuals: a March 2026 review confirms Robinhood opens no LLC or corporate accounts; company custody in the group is offered through the subsidiary Bitstamp by Robinhood, which has multi-user corporate accounts. · source

4.5Bitcoin

Individuals can buy, hold, send and receive bitcoin through Robinhood Crypto under an NYDFS licence, which is a retail-only service; businesses in the group are served by Bitstamp by Robinhood corporate accounts instead. · source

4.5Ethereum

Individuals can buy, transfer and stake ether on Robinhood, with US staking of ETH and SOL from USD 1 since July 2025 and Robinhood Chain, an Arbitrum-based layer 2, live since July 2026; none of it is open to company accounts. · source

4.0Europe (EU, EEA, Switzerland)

Robinhood Europe UAB holds a Lithuania A-category MiFID brokerage licence and MiCA crypto licence passported across the EEA, but it only serves individual retail trading, not business accounts. · source

4.0United Kingdom

Robinhood UK Ltd is FCA-regulated and launched the Robinhood Legend desktop platform in the UK in 2025, but offers only individual brokerage accounts, no business banking. · source

4.0On-ramp: buy crypto with fiat

Individuals can buy crypto with bank-funded buying power in the Robinhood app, but Robinhood opens no business accounts and does not accept funding from business bank accounts; companies wanting a fiat on-ramp in the group must use Bitstamp by Robinhood corporate accounts. · source

4.0Off-ramp: crypto to fiat in a business account

Individuals can sell crypto and withdraw dollars to their own bank accounts, but there is no company account at Robinhood to receive proceeds; the group's corporate off-ramp is Bitstamp by Robinhood. · source

3.5Best interest on business balances

Robinhood Gold subscribers earn interest of roughly 3.35%-4% APY on uninvested cash through a partner-bank sweep programme, but this applies only to personal accounts. · source

3.0United States

Robinhood Financial LLC and Robinhood Securities LLC are SEC/FINRA-registered broker-dealers, but current guidance confirms Robinhood does not support LLC, corporate or other business accounts. · source

3.0Business cards (Visa, Mastercard)

Robinhood Money LLC issues a personal Cash Card through partner banks, but there is no business card product. · source

3.0High-risk verticals (iGaming, cannabis, adult, forex)

Robinhood publishes no policy on high-risk verticals because it does not offer business accounts to any company, licensed or otherwise. · source

2.0Crypto-friendly bank

Robinhood offers retail customers crypto trading but has no published product or policy for banking other crypto exchanges, brokers or miners as clients. · source

2.0Fast digital onboarding

Individual accounts open online in minutes, but Robinhood does not offer any onboarding path for a business, LLC or other company. · source

1.5Cross-border payments, FX and multi-currency accounts

Each Robinhood entity operates in a single home currency (USD, GBP or EUR) with no multi-currency account or cross-border payment product. No multi-currency treasury, cash pooling or corporate liquidity product exists; Robinhood serves individuals only. · source

1.0Fintech companies that need a partner bank

Robinhood publishes no safeguarding-account, BaaS or agency-banking product for other EMIs or payment institutions. · source

1.0Online businesses: e-commerce and SaaS

Robinhood has no merchant acquiring or e-commerce collection product; it is a consumer trading app. No product exists for SaaS or subscription businesses; Robinhood does not serve companies at all. · source

1.0Startups & VC-backed companies

There is no startup banking, venture-debt or business-onboarding product; Robinhood accounts are individual only. · source

1.0Trade, manufacturing & import-export

No trade finance, letters of credit or supply-chain finance product exists. · source

1.0Foreign-owned & non-resident companies

Robinhood offers no accounts to companies of any kind, resident or non-resident; individual accounts are limited to the US, UK and EU/EEA. · source

1.0Accept crypto payments

Robinhood offers no merchant acceptance of crypto or stablecoins; its July 2026 launches were Robinhood Chain, stock tokens, USDG lending and agentic trading, all for investors. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.