These fees only apply if you take out a margin loan on your account to trade. Robinhood’s new margin rates vary based on a customer’s margin balance.
Note that this fee does not account for other costs that apply when investing at Robinhood. See our Fee Schedule for more details. Robinhood may change these rates at any time, in its sole discretion.
*Exchanges also charge Robinhood fees for index options trading that we pass on to you to cover our costs. These vary depending on the index symbol and the contract conditions. See here.