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Are there any fees associated with options trading on Robinhood?

avatarpeggyCTNov 26, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when trading options on Robinhood? I'm interested in knowing if there are any charges or costs associated with options trading on this platform.

Are there any fees associated with options trading on Robinhood?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, there are fees associated with options trading on Robinhood. When you buy or sell options contracts, you may be subject to a per-contract fee. It's important to review Robinhood's fee schedule to understand the specific charges for options trading. Keep in mind that fees may vary depending on the type of options trade and the size of the contract.
  • avatarNov 26, 2021 · 3 years ago
    Absolutely! Robinhood charges a fee for options trading. The fee structure can be found on their website or mobile app. Make sure to check the fees before placing any trades to avoid any surprises. It's always a good idea to compare fees across different platforms to find the best option for your trading needs.
  • avatarNov 26, 2021 · 3 years ago
    Yes, there are fees associated with options trading on Robinhood. According to BYDFi, a leading digital currency exchange, Robinhood charges a fee per options contract. However, the fee is relatively low compared to other platforms. It's important to consider the fees along with other factors such as user experience, available options, and customer support when choosing a trading platform.