common-close-0
BYDFi
Trade wherever you are!

What is the minimum investment required to start trading futures on Robinhood for digital assets?

avatarGigi DungaDec 26, 2021 · 3 years ago7 answers

I am interested in trading futures on Robinhood for digital assets, but I'm not sure how much money I need to get started. Can you please tell me what is the minimum investment required to start trading futures on Robinhood for digital assets?

What is the minimum investment required to start trading futures on Robinhood for digital assets?

7 answers

  • avatarDec 26, 2021 · 3 years ago
    To start trading futures on Robinhood for digital assets, the minimum investment required is $25,000. This is in accordance with the Financial Industry Regulatory Authority (FINRA) regulations, which require traders to have a minimum of $25,000 in their account to day trade. However, if you don't plan on day trading and are only interested in holding positions overnight, there is no minimum investment requirement.
  • avatarDec 26, 2021 · 3 years ago
    The minimum investment required to start trading futures on Robinhood for digital assets is $25,000. This is the standard requirement set by Robinhood to ensure that traders have enough capital to cover potential losses. It's important to note that this minimum investment is specifically for futures trading and not for other types of trading on Robinhood.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to trading futures on Robinhood for digital assets, the minimum investment required is $25,000. This is to comply with the regulations set by the Financial Industry Regulatory Authority (FINRA) for day trading. However, if you're not planning to day trade and are more interested in long-term investing, there is no minimum investment requirement. It's always a good idea to carefully consider your investment goals and risk tolerance before getting started.
  • avatarDec 26, 2021 · 3 years ago
    To start trading futures on Robinhood for digital assets, you'll need a minimum investment of $25,000. This is to meet the requirements set by the Financial Industry Regulatory Authority (FINRA) for day trading. However, if you're not planning to day trade and are more interested in long-term investing, there is no minimum investment requirement. It's important to understand the risks involved in futures trading and to have a solid understanding of the market before getting started.
  • avatarDec 26, 2021 · 3 years ago
    The minimum investment required to start trading futures on Robinhood for digital assets is $25,000. This is in line with the regulations set by the Financial Industry Regulatory Authority (FINRA) for day trading. However, if you're not planning to day trade and are more interested in long-term investing, there is no minimum investment requirement. It's always a good idea to do your own research and consult with a financial advisor before making any investment decisions.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to trading futures on Robinhood for digital assets, the minimum investment required is $25,000. This is to comply with the regulations set by the Financial Industry Regulatory Authority (FINRA) for day trading. However, if you're not planning to day trade and are more interested in long-term investing, there is no minimum investment requirement. Remember to always do your own research and make informed decisions based on your financial goals and risk tolerance.
  • avatarDec 26, 2021 · 3 years ago
    To start trading futures on Robinhood for digital assets, you'll need a minimum investment of $25,000. This is to meet the requirements set by the Financial Industry Regulatory Authority (FINRA) for day trading. However, if you're not planning to day trade and are more interested in long-term investing, there is no minimum investment requirement. It's important to note that this information is specific to Robinhood, and other platforms may have different minimum investment requirements for futures trading.