The Truth About Using Margin on Robinhood | 2024 Update

Margin investing is getting cheaper and more appealing, but at what cost? Is the risk worth the potential to get a reward? And what do we have to do to get the LOWEST margin rates around at 5.70%? Its pretty strange....

⏱Handy Timeline:
0:00 Intro
0:24 In app offer
2:17 Margin risk
2:55 How much I can borrow
4:04 How to get the lowest margin rates
6:19 Continuing to setup my account
6:28 Hypothecation
8:16 Margin calls
9:02 Is margin a good idea
9:23 Final account setup
10:49 Will I use margin?
12:20 Secret
12:25 Thank you members!

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Disclaimer: Any financial or investing-related topics discussed on this channel are not from a professional investment advisor and are not financial advice for you. This is for entertainment and inspirational purposes only. My opinions are not reflective of the companies mentioned in the video. Also please know that many of the links I have in video descriptions like this one are affiliate links which means I may be compensated by the company whom you do business with at no extra expense to you. Thank you for your support!

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Disclosure about Margin on Robinhood's Website:

Risk of Margin Disclosure
Margin borrowing increases your level of market risk, as a result it has the potential to magnify both your gains and losses. Before using margin, customers must determine whether this type of strategy is right for them given their investment objectives and risk tolerance. Regardless of the underlying value of the securities you purchased, you must repay your margin loan. Robinhood Financial can change their maintenance margin requirements at any time without prior notice. If the equity in your account falls below the minimum maintenance requirements (varies according to the security), you’ll have to deposit additional cash or acceptable collateral. If you fail to meet your minimums, Robinhood Financial may be forced to sell some or all of your securities, with or without your prior approval. For more information please see Robinhood Financial’s Margin Disclosure Statement, Margin Agreement and FINRA Investor Information.