How to send in documents | Robinhood (2024)

FAQs

How do I send documents to Robinhood? ›

To get approved for level three options trading on Robinhood, complete the options enablement process, optimize your profile for approval by indicating <4 years of experience, engage in 5-10 small trades to demonstrate proficiency, and familiarize yourself with credit spreads and iron condors.

To link and verify your debit card in the app or on the web: Go to Account (person icon) Select Transfers → Linked accounts → Add account.

When you log in to or update information for your Robinhood account, we might ask you to verify it's you. If so, we'll ask for a 2nd piece of information in addition to your password, such as: Device approval request. Verification code through your preferred authenticator app.

To apply for a Robinhood account, you'll need to have a device that meets our Technology requirements, and meet all of the following individual requirements: Be 18 years or older. Have a valid Social Security Number (not a Taxpayer Identification Number)

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.

Getting approved for Level 3 options trading involves demonstrating to brokers that you have the requisite knowledge, experience, and financial resources to handle more complex strategies.

The process for how to get Level 2 approval at Robinhood is similar to the process at tastyworks. Log into your account, then choose the “Account” button on the top right corner of the screen. Choose “Settings”, then scroll to the “Options Trading” section. Select “Enable”, which will prompt a series of questions.

Yes, it's fairly safe to enter your bank account login info in the Robinhood app. Many people are alarmed that Robinhood asks for your bank login info when you attempt to link a bank account, and they wonder if it's safe to give Robinhood this information. The information, however, is not being requested by Robinhood.

What bank does Robinhood use? ›

When you open a Robinhood spending account, you can get a Robinhood Cash Card issued by Sutton Bank. If you don't want a physical debit card, you can opt for a virtual debit card. You can use the virtual card online and through Apple Pay, Google Pay, or Samsung Pay.

Through the app, Robinhood customers using the cash management feature can: Set up direct deposit. Transfer funds. Pay bills.

You can fund your Robinhood account with as little as $1. Depositing money in your account is as simple as linking a bank through Plaid. You can choose to fund the account from a list of financial institutions.

Fidelity offers custodial accounts, as well as tax-advantaged retirement accounts. Robinhood doesn't offer custodial accounts, but it offers Roth IRAs and traditional IRAs, and it matches customer deposits 1%.

This information may be updated at any time. For information regarding civil requests, please see the Civil Requests Section below. To ensure a timely response by Robinhood, law enforcement authorities and authorized government agencies should send all subpoenas or requests to LERequests@robinhood.com.