What is the process to turn off margin trading for digital assets on the Robinhood platform?

3 answers

• Mar 01, 2022 · 3 years ago
  To turn off margin trading on the Robinhood platform, follow these steps: 1. Open the Robinhood app on your mobile device. 2. Tap on the 'Account' tab at the bottom right corner of the screen. 3. Scroll down and select 'Settings'. 4. Under the 'Investing' section, tap on 'Margin Investing'. 5. Toggle the switch to 'Off' to disable margin trading for digital assets. It's important to note that disabling margin trading will prevent you from borrowing funds to trade on margin, but it will not affect your existing margin positions or outstanding margin loans. If you have any further questions or need assistance, you can reach out to Robinhood support for help. Hope this helps! 🙂
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• Mar 01, 2022 · 3 years ago
  Sure, here's how you can turn off margin trading for digital assets on Robinhood: 1. Open the Robinhood app on your phone. 2. Tap on the 'Account' tab at the bottom right of the screen. 3. Scroll down and select 'Settings'. 4. Under the 'Investing' section, tap on 'Margin Investing'. 5. Toggle the switch to 'Off'. That's it! You've successfully disabled margin trading for digital assets on Robinhood. If you have any other questions, feel free to ask! 👍
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• Mar 01, 2022 · 3 years ago
  To disable margin trading for digital assets on the Robinhood platform, follow these steps: 1. Open the Robinhood app on your device. 2. Tap on the 'Account' tab located at the bottom right corner. 3. Scroll down and select 'Settings'. 4. Under the 'Investing' section, tap on 'Margin Investing'. 5. Toggle the switch to 'Off' to disable margin trading for digital assets. If you need further assistance, you can contact Robinhood support for help. Hope this explanation was helpful! 😊
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