Is Money Immediately Tradable on Robinhood?
Not exactly! When you deposit funds into your Robinhood account, the money becomes available for trading almost instantly, thanks to Robinhood's instant deposit feature. However, this depends on your account type and the amount you're depositing.
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Mostly, you'll see instant deposits up to $1,000. For amounts beyond that, it can take up to 5 business days. Patience, grasshopper!
No, it鈥檚 not immediately tradable but the first $1,000 is pretty much instant. Anything beyond, you gotta wait a bit.
In my experience, the first $1,000 of your deposit is instantly available to trade. It鈥檚 super convenient!
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