Archived Your account is restricted from purchasing. Robinhood has added new limits to its app to restrict users from buying or trading any of the popular Reddit rWallStreetBets stocks including GameStop GME AMC AMC BlackBerry BB Bed.
Account Restricted Cannot Buy Stock Or Withdrawal My Money How Do You Get Restriction Removed Off Of Account Robinhood
It wont allow me to buy anything.
Robinhood account restricted from purchasing reddit. Today those restrictions are continuing. My account on Robinhood is currently restricted. This means you may sell stock s that you own but you wont be able to make any purchases.
A stock split or merger. I cant get Robinhood to help me in resolving the issue. They have not said why it is restricted but I hope posting here may quicken whatever process robinhood uses.
Now it says Ill be able to trade 1 day after I have paid my margin call but nowhere on Robinhood does it say that I have been margin. Robinhood the stock trading app has denied placing restrictions on Dogecoin trades after some users reported seeing pending message displays when trying to make the cryptocurrency trades. Robinhood has also restricted accounts across the platform from trading some volatile stocks.
I got that it was related to a deposit. Youd probably want to close the account because my account was restricted because my bank thought the transactions were fraud and rejected everything. I checked my account and my buying power was -2 cents which could be why.
So after it was reversed I had my buying power go negative 370. No margin its a cash account and almost no stock left because I am. My account has a balance of 7000 but I can neither buy stocks nor transfer that.
Your Account Is Restricted From Purchasing Robinhood Securities and Exchange Commission SEC and the Financial Industry Regulatory Authority FINRA do charge a little charge for stock sell orders. It said i had to pay it off as a margin call. Robinhood then sent to collection agency and then after settling that they charged a 1000 fe.
So I thought it will be nice to make a video about it lol. Your account is restricted from purchasing. Another possible cause is an issue with a corporate action eg.
Even though it is the SEC that has created the rule I dont think they maintain a record of who is on restriction to share with other brokers. Robinhood on Thursday restricted trading of GameStop AMC BlackBerry and other stocks. The company said it restricted trading to comply with.
A few days ago I received an email saying my account has been restricted and I am now limited to only selling stocks I already have. So I had some fraud on my bank account and ended up having a ton of purchases reversed and one was a deposit on Robinhood. Instead of the buy and sell it says that my account is restricted.
The brokerage told clients they could close positions in the stocks but couldnt buy more shares. Your account is restricted from purchasing I just got this message today. I tried to deposit 5000 which was returned by the bank.
As it stands Robinhood has restricted trading in 50 different equities. They charge these costs for all sell orders despite the brokerage. Now investors face aggregate limits on how many new shares.
You can trade stocks and ETFs long on Robinhood however if you desire to offer them short you are out of luck. New comments cannot be posted and votes cannot be cast. I have no pending bank transfers.
Robinhood charged me a return fee and promptly restricted my account. Does anyone else have this. A restriction usually occurs when you have a negative balance in your account or a failed bank transfer to Robinhood.
I have been marked as a patterned day trader. Ive made 1 day trade in the past week have no negative balance so Im not sure why Im getting this notif. No more margin line but still says restricted.
I had tried to cancel the deposit on Robinhood but did not see that option. This thread is archived. This thread is archived.
A good example was during the GameStop short squeeze which was sparked by retail investors in Reddits. Posted by 1 year ago. Ive been using Robinhood for one month and have recently had an account restriction places on my app.
So I sold position worth 1300 and it went back to positive but my account is still restricted what should I do. You can likewise trade choices and 6 cryptocurrencies. I deposited 5000 which was returned.
When Your Robinhood Account Is Restricted From Purchasing Of Options Watchlists are synced in between the app and the site. Robinhood said in a statement that it had restricted users from purchasing certain shares this week because it struggled to meet deposit requirements with the clearinghouses behind the scenes of. Your Robinhood account has been restricted.
