RobinHood - Reddit

Being charged interest on gold even though I have less than $1000 taken out?

Notice that outstanding interest is $0.0796 and that my total margin is $914.11. Why is this? I have been withdrawing the margin made available to me to my bank account under the impression that it wouldn’t be charged any interest, is this not the case? I also bought ~$600 of stock on margin earlier then sold it to pay off the margin, but I never at any point had more than $1000 on margin. Is it if you go over $1000 in volume that you get charged interest? Should I contact support?

Being charged interest on gold even though I have less than $1000 taken out? – RobinHood – Reddit Feed

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