/biz/ - Business & Finance

Robin Hood sounds too good to be true. What are they not telling us?

I haven't used any of robin hoods gold buying power but it still says i have a margin maintenance , can anyone help explain this? And its pretty close to my current portfolio value.

Anyone willing to help a rookie settle his mind? I needed more instant deposit today in the market, so i upgraded my robin hood account to the gold 2000 $ version. It says i haven't used any of their gold buying power, and let me emphasize i never ever want to buy/trade with their money. Ever. So as long as i just keep depositing from my bank, ill never use that gold buying power correct? I tried to downgrade but obviously i can't because the deposits haven't cleared with my bank. But this is not the same as using " their money" " gold buying power" Correct? Once my bank clears the deposits then I'm free to downgrade again? Im a little nervous here.