What are the fees associated with trading digital currency options on Robinhood?

3 answers

• Tyler FreemanMay 12, 2022 · 4 years ago
  Trading digital currency options on Robinhood comes with certain fees. The main fee you need to be aware of is the options contract fee. For each options contract you buy or sell, Robinhood charges a fee of $0.65. This fee is applied to both opening and closing positions. Additionally, there may be regulatory transaction fees and exchange fees associated with trading options, which can vary depending on the specific exchange and regulatory requirements. It's important to carefully review the fee structure on Robinhood and any other exchanges you may consider trading on to understand the complete cost involved.
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• Fahima FahimSep 22, 2020 · 6 years ago
  When trading digital currency options on Robinhood, you should be aware of the fees involved. Robinhood charges a fee of $0.65 per options contract, which is applied to both buying and selling positions. In addition to this fee, there may be regulatory transaction fees and exchange fees that can vary depending on the specific exchange and regulatory requirements. It's always a good idea to review the fee structure on Robinhood and other exchanges to understand the total cost of trading options.
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• Dilan EdirisooriyaSep 27, 2023 · 3 years ago
  Trading digital currency options on Robinhood incurs fees that you should be aware of. For each options contract you buy or sell, Robinhood charges a fee of $0.65. This fee is applied to both opening and closing positions. It's important to note that these fees are specific to Robinhood and may vary on other platforms. If you are considering trading options, it's recommended to compare the fee structures of different exchanges to find the one that suits your trading needs.
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