5 ms·
You do have to answer some questions and wait for approval before Robinhood will let you trade options. It's not available by default.
by swimfar 6y ago
You do have to answer some questions and wait for approval before Robinhood will let you trade options. It's not available by default.
- cromantic 6y agoI've done it, takes less than a minute and is akin to accepting a EULA (which of course no one reads). On the flip side, TD Ameritrade had me go through a somewhat lengthy process and required a 2,000 deposit. They even shipped me a technical booklet on options trading. I wouldn't be surprised if they shorten that process though. Robinhood spawned an entire generation of 18-35 year old high risk & low info options traders. Everyone else probably wants a piece of that.