Robinhood scams
Last updated September 19, 2026
The short answer
Robinhood scams involve phishing emails about account restrictions, fake customer support contacts on social media, and SMS phishing asking for verification codes. Scammers target Robinhood users to drain brokerage accounts and steal personal information including Social Security numbers. Robinhood will never ask for your password or 2FA code via email, text, or social media.
Robinhood's popularity with first-time investors makes its users frequent targets for phishing and account takeover scams. Because brokerage accounts contain both money and sensitive personal data (including Social Security numbers), a compromised Robinhood account can lead to both financial loss and identity theft.
How Robinhood scams work
- 1
Phishing email about account restriction
You receive an email that looks like it's from Robinhood saying your account has been restricted and you need to verify your identity. The link leads to a fake login page that captures your email, password, and 2FA code.
- 2
Fake Robinhood support on social media
You post about a Robinhood issue on Twitter or Reddit. A fake "Robinhood Support" account replies or DMs you asking for your account details to "help resolve" the issue.
- 3
SMS verification code theft
A scammer who already has your email and password (from a data breach or phishing) triggers a login attempt and then calls or texts you pretending to be Robinhood, asking you to share the verification code sent to your phone.
- 4
Account liquidation
Once inside your account, the scammer sells your holdings, transfers the cash to a linked bank account they control, or moves crypto to an external wallet.
Warning signs
- An email says your Robinhood account is restricted and asks you to click a link
- A "Robinhood Support" account contacts you on social media
- Someone asks for your Robinhood password or 2FA code over the phone
- You receive a verification code you didn't request
- An email from Robinhood doesn't come from @robinhood.com
- You're told your investments are at risk unless you act immediately
Examples
Robinhood account restricted phishing
An email says your Robinhood account has been restricted due to a compliance review. You must "Verify Your Identity" within 48 hours or your positions will be liquidated. The link goes to a fake Robinhood page that collects your login, Social Security number, and bank account details.
Fake Robinhood support on Twitter
After tweeting about a Robinhood app issue, a verified-looking account called "RobinhoodHelps" DMs you. They ask you to fill out a "support form" that requests your email, password, and the last four digits of your SSN. The scammer uses this to take over your account.
What to do
- Contact Robinhood only through the in-app help feature, never through social media DMs.
- Don't click links in Robinhood emails. Open the Robinhood app directly to check your account.
- Use an authenticator app for 2FA instead of SMS to prevent code interception.
- If you suspect your account was compromised, contact Robinhood support immediately and change your password.
- Check if your email appears in data breaches at haveibeenpwned.com and change passwords accordingly.
Report it to Robinhood
Report from inside the app. Robinhood has no public inbound support number — support calls you back.
Getting your money back
Robinhood is a SIPC member, which protects against the loss of cash and securities if the brokerage fails, but SIPC does not cover losses from scams or unauthorized trading. Report unauthorized access to Robinhood immediately through the app. File a complaint with the SEC and FINRA if you believe your brokerage account was compromised due to inadequate security.
Frequently asked questions
Does Robinhood contact customers via social media?
Robinhood has official verified social media accounts, but they will never ask for your password, 2FA code, or personal information via DM. For account issues, always use the in-app help feature or email support@robinhood.com directly.
Is my Robinhood account covered by SIPC if I get scammed?
SIPC protects your securities if the brokerage firm fails, but it does not cover losses from scams, fraud, or unauthorized trading. Report unauthorized access immediately to improve your chances of recovery.
What should I do if I get a verification code I didn't request?
If you receive a Robinhood verification code you didn't request, someone may be trying to log into your account. Change your password immediately, enable an authenticator app for 2FA, and contact Robinhood support.
Other companies scammers impersonate
Scams reuse their scripts across brands. If you were contacted about Robinhood, these are the guides worth reading next.