Keep me logged in for up to 30 daysor Pattern day trading rules are defined by finra, one of our regulators 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)
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While there is no additional cost to use robinhood legend, there are other fees associated with your brokerage account
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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. Sign up and get your first stock free Limitations and fees may apply.
