Are there any limitations on the number of cryptocurrency trades I can make on Robinhood?

1 answers

• Nov 23, 2021 · 3 years ago
  Yes, there are limitations on the number of cryptocurrency trades you can make on Robinhood. According to the Robinhood website, if you have a Robinhood Instant or Robinhood Gold account, you are limited to 3 day trades within a rolling 5-day trading period. However, if you have a Robinhood Cash account, there are no limitations on the number of day trades you can make. It's important to note that day trades are defined as opening and closing a position on the same trading day. If you exceed the day trade limit, your account may be restricted from making further day trades for 90 days. So make sure to familiarize yourself with the rules and limitations before engaging in frequent day trading activities.
  712356