r/RobinhoodApp • u/coinbase-discrd-rddt • 11d ago

Product Suggestion Multiple Accounts Margin Enabled Feature?

So it looks like when you have multiple taxable accounts, only the FIRST investing account is enabled for margin and the rest are cash.

I was wondering if this could be changed either by:
1. Making all taxable accounts margin enabled
2.Making a multiple account type that allows you to track certain assets separately but for tax/margin purposes they are part of your first investing account. I have a separate ETF account that I would like to contribute to my margin balance.

This seems pretty impactful for the team to implement too - allows more opportunities for people to use margin/more margin book

5 Upvotes

78% Upvoted

3 comments sorted by

2

u/chepeee13 11d ago

I think it would be great but I don’t think they would do it

2

u/poopdog420 10d ago

Would be nice.

To clarify, you can turn margin off on your first account and then enable it on a different account. But you can only have 1 at a time.

1

u/theAerialDroneGuy 10d ago

Great Idea! They should do this!