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A comment on Robinhood stock trading app confirms $110M raise at $1.3B valuation. Parent comment

Re:Robinhood stock trading app confirms $110M raise at $1.3B... by jerf on Wednesday April 26, 2017 @11:17AM (#14203664)
At least often, yes, but you will also need approval to even get that far. Etrade for instance has several levels of approval.

I note that Etrade at least implements it less as "margin approval" and more as "advanced mode"; to do any sort of options trades, even the ones that don't require margin themselves, requires you to activate the "margin feature" on your account.

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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by jonknee on Wednesday April 26, 2017 @11:29AM (#14203779)
Robinhood makes you accept a new agreement to be in Gold which sounds about the same as getting margin approval at a brokerage (agree to the risks and approval is automated). They don't have special powers to waive regulations.
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