An independent guide to event contracts on Robinhood. Derivatives approval, state restrictions, and how trading works. As of November 2025.
Last reviewed 3 November 2025 · Facts as of November 2025 · Illustrative editorial examples
An independent guide to event contracts on Robinhood. Derivatives approval, state restrictions, and how trading works. As of November 2025.
Figures are indicative and dated. Confirm the current terms on the platform before acting.
No. Event contracts are offered inside the main Robinhood app through an approved derivatives account, not on a separate website.
No. Some states are restricted. Reporting indicates Maryland residents cannot trade and Nevada residents cannot open new sports event contracts, as of November 2025. Check current availability in the app.
A Robinhood account with standard brokerage identity details, then derivatives permission, which is often granted quickly for eligible customers.
Fees have changed over time. Reporting indicates a probability weighted fee with a tier based constant since 1 June 2026, lower for Gold subscribers. Read the current schedule in the app.
You must be 18+ or the legal age in your state and pass identity verification.
This page describes Robinhood as we assess it. Platform mechanics, fees, and terms change, so verify the current detail before you rely on it.
Facts as of November 2025. General information, not financial advice.