Unlimited Day Trades on Robinhood App for all users.


Unlimited Day Trades on Robinhood App for all users.
The Issue
Robinhood(RH) only allows members with $25,000 in their account to access unlimited day trades. This tactic is basically used to discourage those who are lets call it "FINANCIALLY CHALLENGED" to trade less or not at all. Why not just give us an equal chance to earn and/or lose our money on a fair platform! Why is it those with less have to face these restrictions?? If we are being 100% honest this restriction does not favor the consumer in anyway. It's basically rewarded to you if you can afford it, seems more like punishment than protection to me. Why not protect those with 25k equity, they have more to lose don't they? I'm just asking for an open free platform for all!!!
The Issue
Robinhood(RH) only allows members with $25,000 in their account to access unlimited day trades. This tactic is basically used to discourage those who are lets call it "FINANCIALLY CHALLENGED" to trade less or not at all. Why not just give us an equal chance to earn and/or lose our money on a fair platform! Why is it those with less have to face these restrictions?? If we are being 100% honest this restriction does not favor the consumer in anyway. It's basically rewarded to you if you can afford it, seems more like punishment than protection to me. Why not protect those with 25k equity, they have more to lose don't they? I'm just asking for an open free platform for all!!!
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Petition created on December 16, 2021