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Robinhood scams

Robinhood scams target retail investors through fake account alerts, impersonated support, and fraudulent investment tips. The scams exploit the anxiety around stock and crypto losses to push users into sharing credentials or moving funds.

10 scams in this platform viewAll platforms

Common searches

robinhood scamrobinhood phishingrobinhood support scamrobinhood account hackfake robinhood email

Watch for

  • A security alert asks you to log in through a link that is not robinhood.com.
  • Support contacts you first and asks for your password or two-factor code.
  • A social media account promotes guaranteed returns using Robinhood.
  • You are told your account is frozen and must transfer funds to a new wallet to unlock it.
Investment scams
↑ 30%

Robinhood account restricted phishing scam

A phishing email or text claims your Robinhood account has been restricted due to suspicious activity, directing you to a fake login page that captures your credentials and enables account takeover.

What to do first

Check account status by opening the official Robinhood app β€” never through links in messages.

Targets

Retail investors

Seen in

U.S.

Brand impersonation scams
↑ 60%

Robinhood free stock promotion scam

Fake ads or messages promise free stocks from Robinhood, directing victims to phishing sites that collect personal information and Robinhood login credentials.

What to do first

Robinhood referral promotions are only available through the official app and website at robinhood.com.

Targets

Young adults

Seen in

U.S.

Brand impersonation scams
↑ 60%

Robinhood Gold upgrade scam

A phishing email impersonates Robinhood offering a free or discounted Robinhood Gold upgrade, directing users to a fake page that captures payment and login information.

What to do first

Manage your Robinhood Gold subscription only through the official app or robinhood.com.

Targets

Robinhood users

Seen in

U.S.

Investment scams
↑ 30%

Robinhood options trading alert phishing scam

A phishing message claims unusual options activity has been detected on your Robinhood account and asks you to verify via a link, leading to a credential-harvesting page.

What to do first

Verify account activity only through the official Robinhood app.

Targets

Options traders

Seen in

U.S.

Cryptocurrency scams
↓ 8%

Robinhood crypto wallet phishing scam

A phishing campaign targets Robinhood crypto wallet users with fake wallet verification or transfer confirmation emails, capturing login credentials and wallet keys.

What to do first

Robinhood will never ask for your wallet seed phrase or private keys β€” this is always a scam.

Targets

Crypto investors

Seen in

U.S.

Brand impersonation scams
↑ 60%

Robinhood support impersonator scam

Scammers pose as Robinhood customer support on social media, forums, or phone calls, convincing users to share credentials or grant remote access to their devices.

What to do first

Contact Robinhood support only through the Help section within the official Robinhood app.

Targets

Robinhood users

Seen in

U.S.

Investment scams
↑ 30%

Robinhood tax document phishing scam

A phishing email claims your Robinhood tax document (1099) is ready for download, directing you to a fake site that captures your login credentials and Social Security number.

What to do first

Access tax documents only through the official Robinhood app under Account > Statements & History > Tax Documents.

Targets

Robinhood users

Seen in

U.S.

Investment scams
↑ 30%

Robinhood IPO access scam

Scammers promise guaranteed access to hot IPOs through Robinhood in exchange for an upfront fee or deposit, exploiting the hype around initial public offerings.

What to do first

Robinhood IPO Access is free β€” never pay anyone for IPO access through any platform.

Targets

Retail investors

Seen in

U.S.

Investment scams
↑ 30%

Robinhood margin call phishing scam

A phishing email claims you have a margin call on your Robinhood account and must deposit funds immediately through a provided link, leading to a credential-harvesting or payment-capture page.

What to do first

Check for margin calls only through the official Robinhood app β€” real margin calls generate in-app notifications.

Targets

Margin traders

Seen in

U.S.

Brand impersonation scams
↑ 60%

Robinhood referral scam

Scammers promote fake Robinhood referral links on social media and forums that lead to phishing sites or require victims to deposit money to unlock referral rewards that do not exist.

What to do first

Use referral links only from people you know and trust, and verify the URL goes to robinhood.com.

Targets

New investors

Seen in

U.S.

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