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Can I increase my margin limit for trading digital assets with Robinhood Gold?

avatarJames HyattNov 24, 2021 · 3 years ago3 answers

Is it possible to increase the margin limit for trading digital assets with Robinhood Gold? How can I go about doing that?

Can I increase my margin limit for trading digital assets with Robinhood Gold?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Yes, you can increase your margin limit for trading digital assets with Robinhood Gold. To do so, you need to upgrade your Robinhood Gold account to a higher tier. Each tier comes with a different margin limit, so by upgrading, you'll have access to a higher limit. Keep in mind that increasing your margin limit also increases your borrowing power, but it also comes with increased risk. Make sure to carefully consider your trading strategy and risk tolerance before increasing your margin limit.
  • avatarNov 24, 2021 · 3 years ago
    Absolutely! If you're using Robinhood Gold for trading digital assets, you have the option to increase your margin limit. Simply go to your account settings and look for the option to upgrade your Robinhood Gold account. Once you've upgraded, you'll have access to a higher margin limit, allowing you to trade with more leverage. Just remember to be cautious and only trade with an amount you're comfortable with.
  • avatarNov 24, 2021 · 3 years ago
    Yes, you can increase your margin limit for trading digital assets with Robinhood Gold. However, it's important to note that Robinhood Gold is not available on BYDFi. To increase your margin limit, log into your Robinhood account and navigate to the settings. From there, you'll find the option to upgrade your Robinhood Gold account. By upgrading, you'll have access to a higher margin limit, which can be beneficial for trading digital assets with leverage.