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by totalZero
1965 days ago
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> Robinhood actually fronts the least money out of all major brokers (something like $1000). None of the brokers I have ever used have ever fronted me money. If the required equity isn't going to be in the account by the settlement date, they won't spot me so much as a fiver. There's an argument to be made that Robinhood Instant is a violation of federal margin regulations because it allows margin risk to be taken in an account with no settled equity. |
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