Common Contracts
1 similar Supplemental Limited Margin Agreement contracts
SUPPLEMENTAL LIMITED MARGIN AGREEMENT:Supplemental Limited Margin Agreement • October 5th, 2022
The purpose of this agreement is to allow Robinhood Financial LLC and Robinhood Securities, LLC (together, “Robinhood”) to accept instructions to allow for day trading up to the cash held in an IRA, a Rollover IRA, a SEP- IRA, a Roth IRA or a SIMPLE IRA (hereinafter, the “Account”). This agreement, which is designated as a form of limited margin agreement (the “Agreement”), provides you with important terms and conditions for engaging in use of limited margin and/or day trading strategies in your Account (“Limited Margin”). You understand that under no circumstances will any extension of credit or margin borrowing be made available to you in your Account. You must agree to the terms and conditions of this Supplemental Limited Margin Agreement to engage in Limited Margin. This Limited Margin Agreement is in addition to, and meant to be supplemental to, the Custodial Agreement and Customer Agreement applicable to your account, and this agreement is incorporated by reference herein.
