Re:Robinhood is said to draw on bank credit lines amid tumult
by BoorishBears on Thursday January 28, 2021 @08:27PM
(#25952385)
Robinhood has defaulted new users to "Robinhood Instant" for years now
So the "default" RH experience is heavily based on margin but *not! in a transparent way. Deposits from banks are instant under a certain amount (10k for me but it varies) and no T+2
So the "default" RH experience is heavily based on margin but *not! in a transparent way. Deposits from banks are instant under a certain amount (10k for me but it varies) and no T+2