Is Robinhood FDIC Insured?
Best Answer
Robinhood isn’t FDIC insured, but SIPC covers your investments for up to $500,000 (including $250,000 for cash claims).
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Nope, but it doesn’t need to be! Your investments are protected by SIPC instead.
Robinhood itself isn’t FDIC insured, but your cash in the Robinhood Cash Management feature is. The funds are swept to FDIC-insured banks.
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