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|Robinhood Customer Support: Best Contact Methods at a Glance|
|1. Website: Create a ticket at the following link: http://robinhood.com/support|
2. In-app: Select “Contact Us” in app, follow instructions.
3. Email: Send an email to: email@example.com
4. Twitter: Robinhood offers limited support at @AskRobinhood on Twitter.
5. Phone number: Robinhood does not offer live phone support. Call (650) 940-2700 to be redirected.
6. Live Chat: Robinhood does not offer live chat either in-app or on desktop at this time.
The Robinhood investing app offers a sleek and easy to understand interface that makes it a great choice for beginning investors. When your positions are up, they are highlighted in green, and when they are down you see red. It’s intuitive to both buy and sell your positions and they even make options trading clear and understandable when you’re ready for more advanced strategies.
However, just because Robinhood is easy to use, doesn’t mean you won’t have a problem. It’s good to know how you can quickly contact Robinhood’s customer support in case you have questions or encounter some unexpected issues. As Robinhood is a technology focused platform, you may run into tech issues, in addition to typical challenges found at all other brokers.
And problems do occur: Last Monday, February 24th at the start of what we now know as a significant market correction, a user on Reddit’s RobinHood forum posted a thread with the title “The app is freaking out.” Here’s what the person said:
Total amateur hour, like everyone else I’m trying to make some moves this morning but this app is totally taking a s— on itself. Can’t place sell orders and when I do I can’t cancel them until they go through but my buying power is no where to be found.
Also: There’s about a $300 difference in what my phone app says I have in my account vs my laptop. AMATEUR HOUR
This is just one example of a potential problem you might encounter with the Robinhood app, particularly when markets are under stress. We’ll cover other common topics that might require assistance from Robinhood Support below. But first, let’s get to how you can contact Robinhood in the case you have a question or issue.
How to Contact Robinhood Support
Like many tech startups, Robinhood is not big on phone contact and they don’t encourage questions by phone as a first option. This is likely because they have far fewer support staff on hand compared to what you would find at a major bank or brokerage house.
If you’re on the mobile app, click on the far bottom right icon shaped like a person. Then scroll down to “Help” and click on it. You’ll have the option of clicking through to their Help Center, which has support articles and guides which may be useful if your issue is not urgent.
The second option is to move forward with contacting Robinhood Support through the “Contact Us” option. When you select this option you’ll be asked to choose the category closest to your issue, such as “Investing” or “Cash Management.” Within those categories, you’ll be prompted to get even more specific with additional categories before finally getting to a screen where you can submit your message by email. After you send your email message, you will receive an acknowledgment stating that your message was received and to expect a reply within 1-3 days.
If you want to contact Robinhood outside the app, you can simply send an email to: firstname.lastname@example.org
When you have an urgent problem like the Reddit poster above, 1-3 days might not feel like an adequately fast response time. Robinhood does provide a customer support phone number, but it unfortunately does not offer live support and just redirects you to raise your issue by email.
Common Robinhood Customer Support Issues
We wanted to know how often Robinhood users had customer support issues and how successfully the company was in dealing with them. After all, they are holding on to your money so should prioritize customer care.
Here are some of the most common questions and issues that Robinhood customers have reported, again via the popular Robinhood Reddit page, which has about 220,000 members as of this writing:
- Margin calls being incorrectly applied on Robinhood Gold
- Account being marked as a Pattern Day Trader (PDT).
- Options questions, including options being exercised or missing premiums.
- Managing watchlists.
- App not working properly during high volume trading times.
- Orders not filling as expected, including on options.
- Cash management questions.
- Discrepancies in pricing of securities between Robinhood and other brokers.
- Notifications not working as expected.
- Glitches to graphs for stocks and options.
- Requests to cancel a deposit or withdrawal.
- Buying power not displaying accurately.
- Pre and post-market trading questions.
- Dividend reinvesting questions.
- Wash sale questions.
- How to transfer funds from Robinhood to another brokerage count.
- Password reset questions and unexpected activity after a password reset.
- Unknown device logging into my Robinhood account.
As you can see, there are are many questions Robinhood users have in relation to their account and the behavior of the app. The above was just a selection from the past week. It’s clear than marrying an innovative app with the stock market is sometimes not without hiccups.
The real question is: how good is Robinhood at resolving issues?
How Good is Robinhood Support?
It’s hard to give Robinhood Support a solid grade based on definitive data. Many people on Reddit report relatively quick responses by email to their questions that resolved their problems. It should also be noted that their help guide is relatively solid and could resolve many common questions, especially for beginners.
Robinhood is a free service offering a large audience their first taste of investing. By leveraging technology to make this happen, they understandably have fewer actual people working for them compared to a large and established brokerage firm. Also keep in mind that they likely receive a huge volume of basic questions that have more to do with the user not understanding the basics of how markets work (e.g. “Why can’t I sell my stock on a Saturday?”) that may overwhelm their ability to provide personalized service that we expect from other brokerages.
However, it’s clear Robinhood could take some more customer-friendly steps to provide a better experience for their user base:
- Offer phone support with a real live human during market hours, at least for Robinhood Gold users.
- Commit to a personalized response by email to all users within 24 hours, or better yet same-day during market hours.
- Consider a chat feature in the app that is capable of connecting the highest urgency problem to a real human representative, while filtering basic questions back to the help guide.
Though Robinhood makes a good effort to make investing a frictionless endeavor for its users, it’s clear their customer support practices could be improved. If you feel uncomfortable with the level of Robinhood Support, consider it for your “fun money” account only, while considering a traditional broker for the bulk of your funds.
While Robinhood offers the same protections that other brokerages do that are registered by the SEC and FINRA, the fact that it is a technology startup adds a bit more unpredictability to their future business model as well as potentially introducing technology bugs into the picture as they roll out their innovative features. For those reasons, carefully consider your risk tolerance and your reaction to encountering a delay in receiving your money out from the app before making your first deposit.