Can I increase my margin limit for trading digital assets with Robinhood Gold?
Armancio OrtegaDec 25, 2021 · 3 years ago3 answers
Is it possible to increase the margin limit for trading digital assets with Robinhood Gold? How can I go about doing that?
3 answers
- Dec 25, 2021 · 3 years agoYes, you can increase your margin limit for trading digital assets with Robinhood Gold. To do so, you need to upgrade your Robinhood Gold account to a higher tier. Each tier comes with a different margin limit, so by upgrading, you'll have access to a higher limit. Keep in mind that increasing your margin limit also increases your borrowing power, but it also comes with increased risk. Make sure to carefully consider your trading strategy and risk tolerance before increasing your margin limit.
- Dec 25, 2021 · 3 years agoAbsolutely! If you're using Robinhood Gold for trading digital assets, you have the option to increase your margin limit. Simply go to your account settings and look for the option to upgrade your Robinhood Gold account. Once you've upgraded, you'll have access to a higher margin limit, allowing you to trade with more leverage. Just remember to be cautious and only trade with an amount you're comfortable with.
- Dec 25, 2021 · 3 years agoYes, you can increase your margin limit for trading digital assets with Robinhood Gold. However, it's important to note that Robinhood Gold is not available on BYDFi. To increase your margin limit, log into your Robinhood account and navigate to the settings. From there, you'll find the option to upgrade your Robinhood Gold account. By upgrading, you'll have access to a higher margin limit, which can be beneficial for trading digital assets with leverage.
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