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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 jsudhams on Wednesday April 26, 2017 @11:47AM (#14204014)
Doesn't most brokers already provide up to 7 to 10 time leverage for intraday and 2 to 3 times for future?

Atleast in india every broker provides that.

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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by scott00 on Wednesday April 26, 2017 @12:02PM (#14204186)
In the US, most retail investors are limited to 2x leverage for new positions, and 4x leverage for existing positions. This is the "Reg T" margin system. If you qualify for the "Portfolio Margin" system (usually offered to customers with account values greater than 100k or 250k), you can do up to 6.66x leverage in a stock-only position.
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