Are there any limitations on the number of day trades I can execute on Robinhood for cryptocurrencies?

1 answers

• May 08, 2022 · 3 years ago
  Yes, there are limitations on the number of day trades you can execute on Robinhood for cryptocurrencies. However, it's important to note that Robinhood itself has implemented additional restrictions on day trading. According to Robinhood's website, if you have a Robinhood Instant or Robinhood Gold account, you are limited to three day trades within a rolling five trading day period. If you exceed this limit, your account may be restricted from day trading for 90 days. It's always a good idea to familiarize yourself with the specific rules and limitations set by Robinhood before engaging in day trading activities.
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