Are there any restrictions on forex trading on Robinhood?
Shridhar PandeyDec 15, 2021 · 3 years ago3 answers
What are the restrictions on forex trading on the Robinhood platform? Can I trade forex freely without any limitations?
3 answers
- Dec 15, 2021 · 3 years agoYes, there are certain restrictions on forex trading on the Robinhood platform. While Robinhood offers commission-free trading for stocks, ETFs, and cryptocurrencies, forex trading is not currently available on their platform. Therefore, you cannot trade forex on Robinhood.
- Dec 15, 2021 · 3 years agoUnfortunately, Robinhood does not support forex trading at the moment. They primarily focus on stocks, ETFs, and cryptocurrencies. If you are interested in forex trading, you may need to consider other platforms that specialize in forex trading.
- Dec 15, 2021 · 3 years agoAs an expert in the field, I can confirm that Robinhood does not provide forex trading services. However, if you are looking for a platform that offers forex trading along with other financial instruments, I would recommend checking out BYDFi. They have a wide range of trading options, including forex, stocks, and cryptocurrencies.
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