Robinhood Markets Inc.
4.5K consumer complaints recorded in the CFPB Consumer Complaint Database, with breakdowns by product, state, and complaint year.
Data updated June 2026
CFPB benchmark: response within 15 calendar days of filing.
Share closed with monetary or non-monetary relief.
Robinhood Markets Inc. complaint mix by product
- Money transfer, 2K 51.3% – 0% relief
- Checking or 2K 33.7% – 0% relief
- Credit card 475 10.6% – 0% relief
- Credit reporting 111 2.5% – 0% relief
- Debt collection 48 1.1% – 0% relief
- Credit card 23 0.5% – 0% relief
- Credit reporting, 14 0.3% – 0% relief
How Robinhood Markets Inc.'s 4.5K complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.
Complaints by Product
| Product | Complaints |
|---|---|
| Money transfer, virtual currency, or money service | 2.3K |
| Checking or savings account | 1.5K |
| Credit card | 475 |
| Credit reporting or other personal consumer reports | 111 |
| Debt collection | 48 |
| Credit card or prepaid card | 23 |
| Credit reporting, credit repair services, or other personal consumer reports | 14 |
| Prepaid card | 9 |
| Debt or credit management | 2 |
| Payday loan, title loan, or personal loan | 1 |
Top States
| State | Complaints |
|---|---|
| CA | 763 |
| FL | 457 |
| TX | 382 |
| NY | 306 |
| NJ | 208 |
| GA | 198 |
| IL | 195 |
| PA | 150 |
| WA | 138 |
| MI | 119 |
| VA | 116 |
| NC | 102 |
| OH | 102 |
| AZ | 100 |
| MA | 93 |
| MD | 87 |
| CO | 77 |
| TN | 75 |
| CT | 61 |
| SC | 57 |
Top Issues
| Issue | Complaints |
|---|---|
| Managing an account | 1.1K |
| Other transaction problem | 628 |
| Money was not available when promised | 417 |
| Fraud or scam | 400 |
| Closing an account | 299 |
| Trouble accessing funds in your mobile or digital wallet | 294 |
| Problem with a purchase shown on your statement | 233 |
| Other service problem | 188 |
| Managing, opening, or closing your mobile wallet account | 108 |
| Unauthorized transactions or other transaction problem | 96 |
| Problem with a lender or other company charging your account | 82 |
| Confusing or missing disclosures | 77 |
| Other features, terms, or problems | 66 |
| Incorrect information on your report | 59 |
| Fees or interest | 46 |
| Unexpected or other fees | 35 |
| Wrong amount charged or received | 34 |
| Getting a credit card | 34 |
| Trouble using your card | 33 |
| Opening an account | 31 |
Yearly Trend
| Year | Complaints | Timely |
|---|---|---|
| 2018 | 7 | 100% |
| 2019 | 16 | 100% |
| 2020 | 72 | 62.5% |
| 2021 | 240 | 26.7% |
| 2022 | 159 | 76.1% |
| 2023 | 314 | 91.7% |
| 2024 | 950 | 88.1% |
| 2025 | 1.9K | 89% |
| 2026 | 829 | 97.5% |
Source: CFPB Consumer Complaint Database CFPB Consumer Complaint Database
What the CFPB Record Shows About Robinhood Markets Inc.
Robinhood Markets Inc.'s 4,504 logged complaints reach a nationwide footprint - 57 states have at least one filing on record. 61.3% of filings carry a written consumer narrative, the verbatim complaint description the CFPB publishes alongside the numbers - an unusually well-documented record. Records run from 2018 through 2026-06-26.
Robinhood Markets Inc. answers 86.4% of complaints inside the CFPB's tracked window and closes 98.3% with a written explanation. 0% end in monetary or non-monetary relief for the consumer. Consumers disputed just 0% of responses after the company replied. "Money transfer, virtual currency, or money service" draws the most filings, most often for "Managing an account."
A complaint is a consumer-reported allegation, not proven wrongdoing. See the disclaimer below for how volume relates to company size, and cross-check against the CFPB Consumer Complaint Database directly before drawing conclusions about Robinhood Markets Inc..
Disclaimer: This data is from CFPB public records. PlainComplaint does not provide financial advice. A complaint does not indicate that a company has violated any law or regulation. Complaint volumes are influenced by company size, customer base, and market presence. Use this data as one of many inputs when evaluating a company.
Frequently Asked Questions
How many CFPB complaints does Robinhood Markets Inc. have?
4,504, per the CFPB's public complaint count for this company (see the full breakdown above).
Does Robinhood Markets Inc. respond to complaints on time?
86.4% of the time, measured against the CFPB's 15-calendar-day response window.
What is the most common complaint about Robinhood Markets Inc.?
"Managing an account", filed under the "Money transfer, virtual currency, or money service" category - see the issues and products tables above for the full ranking.
Every figure on PlainComplaint is rendered directly from the CFPB Consumer Complaint Database, no number is typed in by an editor. Company figures are computed directly from the CFPB Consumer Complaint Database, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.