Robinhood

You are agreeing to cross-app and cross-device tracking for behavioral advertising.

“The information collected may be collected over time and combined with information collected on different websites and online services and across your devices, including to deliver targeted advertising to you”

What that means: Your browsing habits outside of Robinhood are used to show you ads.

Robinhood explicitly states that they combine user data from various sources and devices to build profiles for targeted advertising, extending tracking beyond their own app.

You are agreeing to the collection and processing of your biometric facial data.

“We extract facial geometry data from selfies/photographs/videos to verify your identity and detect/prevent fraud”

What that means: Your facial features are stored and analyzed to prove who you are.

The policy identifies the collection of biometric data (facial geometry) as a standard part of the identity verification process.

You are agreeing to indefinite data retention based on Robinhood's discretion.

“We retain your personal information for as long as necessary to achieve the original purpose(s) for which we collected it and to comply with relevant laws”

What that means: Your data stays with Robinhood indefinitely if they claim it is needed or required by law.

Data retention is based on vague standards like 'necessary' and legal compliance rather than fixed timelines, allowing indefinite storage in some cases.

You are agreeing to have your personal data shared with marketing partners for targeted advertising.

“We disclose information about you to third-party advertising and analytics services... For example, we may share personal data such as your hashed email address or your device ID with marketing partners”

What that means: Your identity markers are shared with advertisers to target you elsewhere.

Robinhood shares personal identifiers like device IDs and emails with marketing partners to help market products across third-party sites, which constitutes sharing for commercial purposes.

You are agreeing to changes to the privacy policy made unilaterally by Robinhood.

“when we update it, we will revise the "Effective Date" above and post the new statement and, in some cases, we provide additional notice”

What that means: Privacy rules may change without you receiving a direct alert.

The company reserves the right to change the policy at any time, with only an effective date revision and potential website notification as safeguards.

You are agreeing to the collection and public display of your social media content.

“Social Content, such as: Posts you create about trades; Comments, reactions, and other interactions with other Users’ content”

What that means: Your posts and comments are visible to others and retained by Robinhood.

While the policy describes the collection of user-generated content for Social, it does not explicitly grant a perpetual, sublicensable license for general use beyond the platform's operation, limiting the severity.

You are agreeing that children under 13 can only be users via parental authorization.

“With the exception of authorized users of our credit cards, we do not knowingly collect or solicit any information from anyone under the age of 13 through our Services”

What that means: Children under 13 generally cannot use the service except as linked credit card users.

The document sets a clear age limit of 13 for voluntary collection but allows exceptions for minors added as authorized credit card users by guardians.