I'm not exactly sure how it works but people are able to take much more than $2000 on margin. If you saw on the Robinhood reddit after XIV crashed, there are p

I'm not exactly sure how it works but people are able to take much more than $2000 on margin. If you saw on the Robinhood reddit after XIV crashed, there are people who owe over $30,000. Maybe someone else can chime in on how the "gold" currency works in Robinhood to allow that.