Robinhood app: Can you buy on margin? Can you short sell?



Robinhood, a free app used to trade stocks sound great, but many questions have to be answered. Can you buy on margin? Well, not right now, but soon Robinhood will be offering this. Here are some more detailed answers from the Robinhood app official website: "To buy on margin, you must pay for at least 50% of the value then borrow the rest. Robinhood will charge interest for the right to borrow money and use the purchased securities as collateral. Margin trading is not yet available to the public. We are testing margin in beta, and when we begin to offer margin accounts soon, we will provide the community with specific details." You can find more details here: https://support.robinhood.com/hc/en-us/articles/203640049-Account-Types

Comments

  1. Hey how do i get in touch with you ? You seem very informative i would love to learn more.


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