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A comment on Robinhood 20yo trader with no income loses 700k on options, takes life. Parent comment

Re:Robinhood 20yo trader with no income loses 700k on option... by X-Istence on Monday June 15, 2020 @12:01AM (#23523664)
> It also appears RH users get margin accounts by default, at least from everything I've read. If that's true, it's probably the real problem.

No, you have to explicitly opt-in to it.

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Re:Robinhood 20yo trader with no income loses 700k on option... by mam2 on Monday June 15, 2020 @02:54AM (#23524511)
Nope
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Re:Robinhood 20yo trader with no income loses 700k on option... by X-Istence on Saturday June 20, 2020 @11:50PM (#23589604)
You have to upgrade to Robinhood Gold (which is free for the first month, then $5 a month thereafter).

If and when you open a Robinhood account you have to opt-in to gold to be able to invest with margin.

https://robinhood.com/us/en/support/articles/overview/

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