Margin investing (also referred to as margin lending) involves interest charges and carries increased risk, it can magnify both your gains and losses, and you could lose more than you invested.

Margin investing allows you to borrow money from Robinhood to buy securities, with your portfolio as collateral. This gives you access to additional buying power based on the value of the securities in your brokerage account. When we refer to additional buying power, we mean the amount of money that you're allowed to borrow from us to invest. If you want to diversify your portfolio or find an opportunity in the market and want to invest more, you may be able to invest right away.

Margin investing is an optional product. You must apply and meet eligibility requirements to get access. There is no credit check performed as part of the margin investing application process.

You must determine whether this type of trading strategy is right for you given your specific investment objectives, investment experience, understanding of margin investing, risk tolerance, and financial situation.

Margin investing involves the risk of greater investment losses and isn’t appropriate for everyone. You should fully understand the conditions and risks involved with using a margin loan to purchase securities:

• You could lose more than you initially invested
• Leveraged investments create a greater potential risk of loss
• Additional costs from margin interest charges (review our Fee Schedule)
• You'll be responsible for any deficit if falling prices reduce the value of your securities below the total maintenance requirement, and you may have to deposit additional funds to your investing account on short notice to cover market losses.
• Potential margin calls or liquidation of securities
• We can sell some or all of your securities or sell other assets without consulting you to pay off your margin debt.
• You’re not entitled to choose which positions we close or securities we sell from your account to cover your margin debt.
• We can change our maintenance requirements for each security (maintenance requirement ratio) at any time, and aren't required to provide you advance written notice. This is because we need to be able to adjust the ratios in line with rapidly changing market conditions for each security to minimise the risk of insufficient collateral in your account that covers your margin loan.
• You’re not entitled to an extension of time on a margin call.
• Under the margin agreement, purchased shares may be lent by Robinhood Singapore (through its contracted service provider, Robinhood Securities, LLC) to others. You may give up some or all of your voting rights with respect to purchased shares, but you’ll still get a payment for any dividends related to them. Shares owed to you (net of any margin balance owed by you) are protected under SIPC up to $500,000 in the unlikely event that Robinhood fails.

For more information on the terms and risks associated with margin investing, review our Margin Disclosure Statement.