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Robinhood Gold

Posted on 5/1/20 at 1:43 pm
Posted by True23Tiger
Shreveport
Member since Nov 2007
1803 posts
Posted on 5/1/20 at 1:43 pm
For $5/month gives you $1000.00 margin included.
Seems like a good deal to me.
The first $1000 is included in the Gold membership for the $5 a month.
You guys use this?
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64346 posts
Posted on 5/1/20 at 1:47 pm to
Sounds like a good deal for Robinhood.
Posted by DiamondDog
Louisiana
Member since Nov 2019
10675 posts
Posted on 5/1/20 at 2:17 pm to
You got enough funds to cover the margin call?
Posted by Indefatigable
Member since Jan 2019
26775 posts
Posted on 5/1/20 at 2:51 pm to
quote:

For $5/month gives you $1000.00 margin included.
Seems like a good deal to me.
The first $1000 is included in the Gold membership for the $5 a month.
You guys use this?



I assume 'included' in this context means no interest on the first $1,000 of margin?

I am an investing and Money Talk newbie, but have been using Robinhood to get my feet wet and was considering upgrading to Gold for this.
This post was edited on 5/1/20 at 3:02 pm
Posted by Jag_Warrior
Virginia
Member since May 2015
4140 posts
Posted on 5/2/20 at 1:58 pm to
I'm not familiar with Robinhood Gold. But what's the reason for paying $5/month to have margin or a margin account? How much money has to be in the account for you to have $1000 of margin?
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