What is Buying Power on Robinhood?
It's basically the total funds you can use to make trades. No buying power, no shopping spree!
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Buying power on Robinhood is the amount of money you have available to purchase stocks, ETFs, options, and cryptocurrencies. It's a combination of your cash balance and any margin you're using if you have Robinhood Gold.
Think of buying power as your financial fuel on Robinhood, ready to deploy into your next investment!
It's just the money you can use to buy stuff on Robinhood.
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