Account restrictions
Your Robinhood investing account might be restricted for a number of reasons, including the following:
If you have a restriction placed on your Robinhood Financial account that prevents you from buying stocks, you will also be prevented from buying cryptocurrencies with your Robinhood Crypto account until the restriction is lifted.
If you declare yourself as a control person for a company, you are typically blocked from trading that stock. In your Robinhood investing account, you’ll notice your ability to trade that symbol is blocked for compliance reasons.
If you’re no longer a control person for a company, or if you selected this in error, contact us to get your account updated.
The steps to remove an account restriction will depend on the specific restriction. Common requirements include covering any negative balances and potentially uploading any requested documentation.