How many day trades can I make in a day on Robinhood with cryptocurrency?

3 answers

• Dec 16, 2021 · 3 years ago
  As per Robinhood's policy, if you have a Robinhood Instant or Robinhood Gold account, you are allowed to make up to 3 day trades in a rolling 5 trading day period. If you exceed this limit, your account may be flagged as a pattern day trader and you will be required to maintain a minimum account balance of $25,000. It's important to be aware of these restrictions before engaging in day trading on Robinhood with cryptocurrency.
  430215
• Dec 16, 2021 · 3 years ago
  Hey there! When it comes to day trading on Robinhood with cryptocurrency, you need to keep in mind that the number of day trades you can make in a day is limited. Robinhood allows you to make up to 3 day trades in a rolling 5 trading day period. However, if you exceed this limit, your account may be classified as a pattern day trader and you will need to meet the minimum account balance requirement of $25,000. So, make sure to plan your trades accordingly and stay within the allowed limits to avoid any issues with your account.
  533178
• Dec 16, 2021 · 3 years ago
  According to my knowledge, Robinhood allows you to make up to 3 day trades in a rolling 5 trading day period when trading cryptocurrency. However, it's important to note that this limit applies to accounts with Robinhood Instant or Robinhood Gold. If you exceed the day trading limit, your account may be flagged as a pattern day trader and you will need to maintain a minimum account balance of $25,000. So, be mindful of the number of day trades you make in a day to avoid any restrictions or penalties on your Robinhood account.
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