Status: Researched · 12 June 2026. I have not used Robinhood.
What it is
Robinhood is in this registry for one reason: to document that the same green app is three different products depending on the passport-and-postcode combination holding it — and that none of the three reaches a single non-US market.
By residency
- US residents get the real thing: commission-free US-listed stocks, ETFs, options, crypto. As a tool for this registry’s subject matter it’s irrelevant — there is no international access at all — but it’s a perfectly normal US-only broker.
- UK residents get US stocks through a separate FCA-regulated entity. US market only.
- EU/EEA residents get the one that needs a flashlight: “stock tokens” — derivative contracts against Robinhood priced off the underlying share. You don’t own the share, you hold Robinhood’s promise, with no shareholder rights, and the tokens sit outside EU investor-compensation schemes. Plus crypto. Readers of the counterparty-risk page will recognize the shape: the instrument’s risk is the issuer, not the market.
Verdict
For Americans, a fine app that has nothing to do with accessing the world. For Europeans, a caution: what’s marketed as stock investing is structurally a bet with Robinhood as your counterparty. Either way, anyone reading this registry needs an actual broker beside it. Researched, not tested.
Sources
Public sources checked (June 2026):
- Robinhood US, UK and EU product pages; the EU customer agreement (tokenized assets as derivative contracts, compensation-scheme exclusion): https://robinhood.com
- EU review coverage of the 2025 tokenized-stock launch