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Brokerage services are offered through robinhood financial llc, (“rhf”) a registered broker dealer (member sipc), and clearing services through robinhood securities, llc, (“rhs”) a registered broker dealer (member sipc)
While there is no additional cost to use robinhood legend, there are other fees associated with your brokerage account
Pattern day trade (pdt) protection alerts you as you place your 2nd, 3rd, and 4th day trades in a 5 trading day period in an effort to help you avoid being flagged as a pattern day trader (pdt) On the 2nd and 3rd day trades, you’ll be given a few options to help avoid getting flagged Switch to a cash account A cash account isn’t subject to pdt regulation
This will allow you to continue. Other robinhood financial fees may apply, check rbnhd.co/fees for details.
